EPISODE · Oct 4, 2024 · 24 MIN
A Billionaire Fire Sale & Sotheby’s Debt Squeeze
from The Powers That Be: Daily · host Puck | Audacy
Art world insider Marion Maneker joins Peter to discuss why Ron Perelman, once the richest man in the U.S., is offloading $1 billion worth of art. Then they dig into the art market downturn squeezing Sotheby’s, and whether the Emiratis could snatch the legendary auction house out of billionaire Patrick Drahi’s hands.
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A Billionaire Fire Sale & Sotheby’s Debt Squeeze
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