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Search resuls for: "Holly Peterson"


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The Night That Sotheby’s Was Crypto-Punked
  + stars: | 2024-05-18 | by ( Zachary Small | ) www.nytimes.com   time to read: +1 min
It would have been the greatest insult to rock the Upper East Side on any normal night, but instead the private equity heir Holly Peterson could only laugh. Why had a Sotheby’s official denied her access to a bidding paddle? In February 2022, Ms. Peterson, an author and art collector, was surrounded by a new clientele: the crypto nouveau riche, who made a temporary home of the art market. It was supposed to be another banner evening for the booming art market, where NFTs had come to represent almost half of the industry’s $65 billion valuation in only a couple of years. They were estimated to sell for $20 million to $30 million, and, for the first time, Sotheby’s had devoted a major sale to just a single lot of NFTs.
Persons: Holly Peterson, Peterson, riche, NFTs, Sotheby’s, Leonardo da Vinci Organizations: Twitter Locations: sweatpants
Polo and Ponies: ‘My Money Pit of Choice’
  + stars: | 2023-05-03 | by ( Holly Peterson | ) www.nytimes.com   time to read: +1 min
Another world existed in Wellington, where the crowd was as boisterous as the South Beach tent but more patrician. On the other, the members of the private Polo Club at the National Polo Center drank rosé and Kentucky whiskey and sampled from a buffet with a caviar and blini station. The tables were filled with players, families and patrons who own enormous polo enterprises. “We are highly competitive,” said Daniel K. Walker, the chief executive of F&M Bank in California, and a respected polo patron who owns about 50 ponies that he and his sons use. (He referred to the cost of running a polo enterprise as his “money pit of choice.”)Mr. Walker was visiting a table with a raucous Argentine group.
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