Alec wildenstein

Three heirs of the vast Wildenstein art-dealing dynasty are alec wildenstein trial in Paris, charged with tax fraud and money laundering, all because of angry spouses, alec wildenstein. What do a Manhattan-based billionaire, a naked Russian model, and a loaded gun have to do with one of the biggest tax fraud trials in French history now underway in Paris? Prosecutors say that beginning in the Wildensteins began hiding money from French tax officials in offshore tax havens and mysterious trusts alec wildenstein Daniel lay dying in Paris.

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:.

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. The family business had been founded by Alec's great-grandfather Nathan, who had fled to Paris from Alsace following the German occupation in Although his family had historically traded purely in livestock Nathan drifted into art, specialising in the then-undervalued French art and furniture of the 18th century. Their fortune was based on the enormous collection of art works they had stored in their vaults. The family were always obsessionally secretive. Alec's first wife, Jocelyne Perisse, came from a Swiss bourgeois background and had learnt to fly and hunt. She was introduced to Alec by the Saudi arms dealer Adnan Khashoggi on a shooting weekend at Wildenstein's 60,acre Kenyan ranch. He fell heavily for her and they married a year later in a lavish ceremony in Las Vegas. But Alec was a difficult husband, depressed by his father's continuing iron grip on the business even after Daniel nominally relinquished control in

Retrieved But in Westerner, which won five other major races that season, finally enabled the family to achieve alec wildenstein dream of a Gold Cup win.

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. The case fell apart in owing to insufficient evidence and an inability on the part of the prosecution to prove that the family intentionally committed fraud.

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. Other families had their public scandals, but his did not. Over the years he had made sure very little had been written about it in the press.

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.

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The defendants were first tried on charges of tax fraud in , after they claimed that Guy and Alec Sr. Follow Us. Retrieved Join our commenting forum Join thought-provoking conversations, follow other Independent readers and see their replies Comments. Wildenstein raced a number of successful horses including:. 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. The court ruled that under French law she was entitled to a half-share in her husband's fortune. Art dealer; racehorse owner and breeder — Also on trial are a notary, a lawyer, and two trust-fund managers. She was introduced to Alec by the Saudi arms dealer Adnan Khashoggi on a shooting weekend at Wildenstein's 60,acre Kenyan ranch.

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.

Unfortunately for him, the proceedings revealed a lifestyle worthy of the — excessively — rich and famous and such financial revelations naturally resulted in further adverse publicity. Big in America Push notifications. In , the family acquired complete ownership. After a night spent in jail on counts of "second-degree menacing" he blitzed his wife's existence, cutting her telephone lines, cancelling her credit cards and locking most of the rooms in their house. Start your Independent Premium subscription today. Categories : births deaths Deaths from prostate cancer French art dealers French racehorse owners and breeders 20th-century French Jews Sportspeople from Marseille Deaths from cancer in France Wildenstein family French billionaires Owners of Prix Ganay winners. Alec Wildenstein, art dealer and racehorse owner: born Marseilles, France 5 August ; married Jocelyne Perisse one son, one daughter; marriage dissolved , Liouba Stoupakova; died Paris 18 February In recent years the family had cut back on its breeding operations, although they still own more than 50 brood mares. Also on trial are a notary, a lawyer, and two trust-fund managers. Tools Tools. Updated Apr. The family business had been founded by Alec's great-grandfather Nathan, who had fled to Paris from Alsace following the German occupation in