Tag: Heirs

Ronald S. Lauder Reaches Agreement on Klimt Painting With Jewish Heirs

Ronald S. Lauder, the billionaire cosmetics heir and art collector, will continue to own a well-known painting by Gustav Klimt, which he has held for 50 years, after agreeing to the restitution and repurchase of the work from the heirs of a Jewish woman who had owned it before World War II. Terms of the […]

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