Alec wildenstein

Three heirs of the vast Wildenstein alec wildenstein dynasty are on trial in Paris, charged with tax fraud and money laundering, all because of angry spouses.

By providing your information, you agree to our Terms of Use and our Privacy Policy. We use vendors that may also process your information to help provide our services. Also on trial are a notary, a lawyer, and two trust-fund managers. The defendants were first tried on charges of tax fraud in , after they claimed that Guy and Alec Sr. Alec Sr.

Alec wildenstein

Alec Nathan Wildenstein August 5, — February 18, was a French-born American billionaire businessman, art dealer, racehorse owner, and breeder. Born in Marseille , Wildenstein was raised in New York City where his family owned and operated an art gallery. In , his great-grandfather founded a business dealing in art. Alec Wildenstein enjoyed thoroughbreds for flat and steeplechase and standardbreds for harness racing. Wildenstein raced a number of successful horses including:. In , the family acquired complete ownership. They had a daughter, Diane, followed by a son, Alec. Their divorce proceedings between and gained wide media coverage for revelations about the couple's extravagant spending habits and the pressure he put on Jocelyn Wildenstein to undergo plastic surgery. Contents move to sidebar hide. Article Talk. Read Edit View history. Tools Tools. Download as PDF Printable version. Art dealer; racehorse owner and breeder — This article needs additional citations for verification.

Alec pulled out a revolver and aimed it at her and her bodyguards, telling police after his arrest and a night in jail that he had mistaken them for intruders. She Media. Alec showed no hesitation in sacking even the best-respected alec wildenstein trainers and jockeys if he thought they had made a mistake, alec wildenstein.

Alec Wildenstein was one of the two heirs of by far the richest family in the world of art. Until , he was known only within art and racing, where the family were major owners and breeders. But then came a divorce which brought worldwide fascination, largely because of the multiple facelifts undergone by his estranged wife, Jocelyne, leading her to be called "The Bride of Wildenstein". In his memoirs, written when he was already over 80, Daniel does not even mention his sons, while his fortune was left in trust not to Alec and his younger brother Guy, but to their children. Alec Wildenstein's later years were clouded by two further court cases. In one he was sued by his stepmother to gain a fair share of his father's estate; in the other he and his younger brother Guy failed in an attempt to sue an author who had revealed the extent to which their grandfather Georges had collaborated with the Nazis during the Second World War.

Most of the friends in attendance that night were from the horse-racing world, trainers and jockeys who had worked with the Wildensteins over the years. Wildenstein, always aloof from his peers, rarely ventured out in recent years, except for regular excursions to the track and his office. As friends and family toasted him that night, Daniel appeared relaxed and happy. It was an evening devoted to celebration, and there was a lot to celebrate. So many things had turned out as he had planned.

Alec wildenstein

A notary, two lawyers and two managers of trust funds held in Guernsey and the Bahamas were also in the dock. The accused, who denied the accusations, faced up to four years in jail. The trial collapsed after the judge ruled there was insufficient evidence that the accused knowingly committed tax fraud and ruled that there had been failings in the investigation. In an appeal court upheld the acquittal. When Daniel Wildenstein died, his second wife and widow, Sylvie, fell out with her stepsons, Guy and Alex, and accused them of tricking her out of her inheritance. She reported her suspicions to the French tax authorities.

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Want to bookmark your favourite articles and stories to read or reference later? Unfortunately for him, the judge banned him from the family home during the divorce proceedings. Wildenstein raced a number of successful horses including:. Guy Wildenstein brother. The couple had started relatively peaceful divorce proceedings even before the bedroom incident but this led to lengthy and naturally widely reported divorce proceedings where Alec Wildenstein made matters worse for himself by never appearing in court — not surprising in someone who, like the rest of his family, had lived totally out of the public gaze. In , his great-grandfather founded a business dealing in art. Our Sites. Send it to The Daily Beast here. Guy is the great-grandson of Nathan Wildenstein, who came from humble beginnings near Strasbourg to build an art-dealing empire in Paris in the late s. Artforum is a part of Penske Media Corporation. Download as PDF Printable version.

Alec Wildenstein was one of the two heirs of by far the richest family in the world of art.

But even though successive cases made a dent in the fabled family fortune, the losses have probably been more than retrieved by the increase in the price of art works over the past few years. They reduced her monthly cash allowance, sold the family apartment in central Paris and moved her to another one in the Bois de Boulogne. Crossword Newsletters. Toggle limited content width. In Alec consoled himself by marrying another young Russian-born model, Liouba Stoupakova. The defendants were again exonerated in a appeal, with the court ruling that the case was beyond the statute of limitations. Art dealer , racehorse owner and breeder. Read Edit View history. Fairchild Media. I would like to be emailed about offers, events and updates from The Independent. Despite dropping a dime on the Wildensteins, she is now a co-defendant alongside Guy Wildenstein.