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That's sure to result in increased volatility for the companies in our portfolio exposed to China, the world's second-largest economy. Consumer-dependent stocks Apple and Starbucks may be the most at risk given they are more discretionary versus the aforementioned names. At the Club, Jim has bestowed his "own it, don't trade it" designation on only those two stocks, Apple and Nvidia. AAPL YTD mountain Apple YTD Furthermore, while China growth may be tempered, Apple is aggressively looking to grow its presence in India — both on the consumer side and product manufacturing side of its business. Bottom line The risks for companies that do business in China have certainly increased following Trump's presidential election win.

Persons: Donald Trump, Jim Cramer, Joe Biden, Jensen Huang, Leonardo da Vinci, Lisa Su, Su, Tim Cook, Trump, Jim, China —, Brian Niccol, Niccol, we're, Jim Cramer's, Xi Jinping, Kevin Lemarque Organizations: Devices, Nvidia, GE Healthcare, Apple, AMD, Trump, Club, Bloomberg, U.S, Starbucks, Yum Brands, China, Taco Bell, Chipotle, Jim Cramer's Charitable, CNBC Locations: we're, China, U.S, India, Vietnam, Osaka, Japan

☆ Elle King talks 'toxic' relationship with father Rob Schneider, says he's 'just not nice'
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +2 min

Elle King opened up about her tumultuous relationship with her father, Rob Schneider, in a recent appearance on Bunnie XO’s “Dumb Blonde” podcast. “I disagree with a lot of the things that he says,” King said of Schneider. “You’re talking out of your ass and you’re talking s--- about drag and, you know, anti-gay rights. A big source of tension between King and Schneider was her appearance, with King’s weight and tattoos being the biggest instigators. My dad sent me to fat camp…and then I got in trouble one year because I sprained my ankle and didn’t lose any weight,” King explained.

Persons: Elle King, Rob Schneider, Oh’s, Schneider’s, ” King, Schneider, “ You’re, ”, Leonardo da Vinci’s, Jesus, “, ” Schneider, King, “ He’s

☆ The crowds are full and raucous at the Paris Olympics. Outside the events? Not so much.
▼ + stars: | 2024-08-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +2 min

PARIS — For athletes and audiences, these have been the Olympics when raucous crowds have roared once again following years of lockdown restrictions. But outside the din of the stadiums, it’s impossible to ignore that Paris is relatively quiet. “Last year, we were completely full inside and out,” said Bérangère Drogue, 38, who works at bistro L’Elephant Du Nil, in the trendy Marais neighborhood. “It’s like night and day.”Berangere Drogue, a waiter at L'Elephant Du Nil, in Paris on Thursday. “I have never seen Paris like this,” said Jugurta Chabane, 28, his black suit and tie matching his dark vehicle.

Persons: Mona Lisa ”, ”, Bérangère Drogue, … ”, ” Berangere, Du, Rafael Yaghobzadeh, Jugurta Chabane, Leonardo da Organizations: PARIS, Olympic Committee, NBC News . Taxi, NBC News, Olympic, Eiffel, Louvre Museum Locations: Paris, Marais

☆ These vision-impaired Olympic stars rely on a ‘sixth sense’ when they compete
▼ + stars: | 2024-08-04 | by ( Maya Davis | ) edition.cnn.com time to read: +14 min

Nedoroscik is not the only Olympic athlete with vision impairment excelling in their sport. “For an athlete with a visual impairment, they might have better proprioception, a better vestibular system or better audition. A new superpowerOlympic athletes with vision impairment have shown that you don’t need 20/20 vision to get the job done. USA Goalball National Team Athlete and 4x Paralympian Tyler Merren says the only difference between a "Paralympic athlete and an able-bodied athlete" is the disability. “All of these athletes are so empowering to kids like my patients, who can see [visual impairment] is not limiting them.

Persons: Stephen Nedoroscik, Daniel Wiffen, Rebeca Andrade, Nedoroscik, ”, NBC’s, Becky Sauerbrunn, goalball, Tyler Merren, Merren, “, I’m, Rupa Wong, Daniel Wiffen of, Ueslei Marcelino, Gordon Waddington, Wong, it’s, Fabrice Sarlegna, Aristotle, Jamie Squire, ” Wong, Goalball, Kiyoshi Ota, It’s, Clark Kent, Leonardo da Vinci, ” Merren, Dr, Sanjay Gupta, “ We’re Organizations: CNN, Saturday’s, Paris Games, US, Honolulu Eye Clinic, American Academy of Ophthalmology, Reuters, University of Canberra Research, Sport, Australian Institute of Sport, French National Centre for Scientific Research, Aix Marseille University, Team Brazil, Olympic Games, Bercy Arena, Olympic, International Paralympic, Team Japan, Tokyo, of Blind, US Association of Blind Athletes, Get CNN, CNN Health, “ Locations: Brazil, Honolulu, Paris, France, Waddington, goalball, Chiba, Japan, USA

☆ China’s LGBTQ+ community celebrates rare scenes from Paris Olympics but internet is divided
▼ + stars: | 2024-07-30 | by ( Chris Lau | ) edition.cnn.com time to read: +7 min

These are among the images that France, the organizer of the Paris 2024 Olympics, presented to the world during the opening ceremony last week. The clampdown has made it all the more striking when scenes of gay men and drag queens from the Paris Olympics opening ceremony made it onto Chinese state broadcaster CCTV. On social media site Weibo, the “#Paris opening ceremony is really cool# hashtag has generated more than 600 million views over the past four days. “Those who didn’t stay up late to watch the Olympic opening ceremony tonight missed out big time. #Paris opening ceremony is really cool#The ceremony remained the top trending topic on Weibo for more than 15 hours starting Saturday.

Persons: Xi Jinping, Ken Huang, ”, Jeremy Goupille, Natacha, Leonardo da Vinci’s, Christian, French, Suen, Aritists, Athena de Martel, ” Suen, Netizens Organizations: Hong Kong CNN, Paris, Weibo, Pride House, Paris Olympics, Communist Party, Chinese University of Hong, House, ” Locations: China, Hong Kong, France, Paris, Beijing, Shanghai, Chinese University of Hong Kong, Weibo

☆ Blue man at this year’s Olympics opening ceremony defends memorable scene to CNN
▼ + stars: | 2024-07-29 | by ( Saskya Vandoorne | Ben Church | ) edition.cnn.com time to read: +4 min

CNN —It was one of the more memorable moments of arguably the most unique opening ceremony in history, but one that has sparked controversy around the world. The scene in question has been described by some critics as a parody of “The Last Supper” and one which featured drag artists and multiple dancers. In an interview with CNN, Katerine said his song “Nue” – or “Naked” – was a message for peace, inspired by war, such as those in Gaza and Ukraine. The answer is perhaps not because you can’t hide a gun or a dagger when you’re naked,” he said. Despite receiving criticism from some, Katerine was also praised for creating one of the lasting memories from the lavish ceremony.

Persons: Philippe Katerine, Dionysus, Katerine, we’d, ”, you’ve, Anne Descamps, Thomas Jolly, Leonardo da Vinci, ” Katerine, “, I’m Organizations: CNN, Olympic, Olympics, CNN Olympic, Catholic, French Catholic Church, International Olympic Committee Locations: French, Gaza, Ukraine, “, Greece, ” Paris

☆ Organizers apologize after alleged ‘Last Supper’ parody during Olympics opening ceremony is criticized by church groups
▼ + stars: | 2024-07-29 | by ( Matias Grez | Chris Liakos | ) edition.cnn.com time to read: +2 min

CNN —Organizers of the Paris Olympics have apologized for what some critics described as a parody of “The Last Supper” during the lavish opening ceremony on Friday. The scene featured drag artists and dancers and was widely criticized by the Catholic church and Christian groups. Performers are seen on a catwalk erected along the Passerelle Debilly bridge in Paris during the opening ceremony. “Dionysus arrives at the table because he is the Greek God of celebration and that sequence is called ‘festivity,’” Jolly said. “The God of wine, which is also a French jewel and father of Sequana, the Goddess linked to the River Seine.

Persons: Anne Descamps, “, Johann Rottenhammer, Jan Brueghel, Wally Skalij, Thomas Jolly, Leonardo da Vinci, “ Dionysus, ” Jolly, Sequana, Mount Olympus —, Dionysus Organizations: CNN —, Paris, Catholic, French Catholic Church, Los Angeles Times, CNN, BFMTV, Twitter Locations: Paris

☆ An Olympics Scene Draws Scorn. Was It Really Referencing ‘The Last Supper’?
▼ + stars: | 2024-07-28 | by ( Yan Zhuang | ) www.nytimes.com time to read: +1 min

A performance during the Paris Olympics’ opening ceremony on Friday has drawn criticism from church leaders and conservative politicians for a perceived likeness to Leonardo da Vinci’s depiction of a biblical scene in “The Last Supper,” with some calling it a “mockery” of Christianity. In the performance broadcast during the ceremony, a woman wearing a silver, halo-like headdress stood at the center of a long table, with drag queens posing on either side of her. Later, at the same table, a giant cloche lifted, revealing a man, nearly naked and painted blue, on a dinner plate surrounded by fruit. He broke into a song as, behind him, the drag queens danced. The tableaux drew condemnation among people who saw the images as a parody of “The Last Supper,” the New Testament scene depicted in da Vinci’s painting by the same name.

Persons: Leonardo da, Robert Barron, ” Organizations: Paris Olympics, Bishops ’ Conference Locations: Minnesota

☆ Tara Shakiti will be the first artist from Madagascar to send her work to the moon
▼ + stars: | 2024-07-24 | by ( Leah Collins | ) edition.cnn.com time to read: +7 min

CNN —From a young age, award-winning artist Tara Shakti knew she wanted to pursue a career creating paintings that empowered other women. Tara Shakti will be the first Malagasy artist to have her work sent to the moon. The main criterion for nomination is that artists’ work should have been included in a curated exhibit, collection, anthology or similar. Tara ShaktiThe artist was invited by Peralta to submit her work for the project after he discovered her paintings through social media earlier this year. “To have my work launched to the moon is an honor of immeasurable magnitude,” Shakti told CNN in an email.

Persons: Tara Shakti, Shakti, ”, “, NASA ”, Samuel Peralta, ” Peralta, Peralta, Leonardo da Vinci, Shakti's, Shakti’s, NASA’s, Tara Shakti “, Tara Shakti’s, Ada Limón, Didi Mendez, they’re Organizations: CNN, SpaceX, NASA, Codex Polaris, Heavy, Embassy of, NASA’s Europa Clipper Locations: Madagascar, Africa, Florence, Paris, Canadian, Toronto, New York, Embassy, Embassy of Madagascar, France, Cuban American

☆ Renaming an Airport After Silvio Berlusconi Divides a Region in Italy
▼ + stars: | 2024-07-17 | by ( Elisabetta Povoledo | ) www.nytimes.com time to read: +1 min

Millions of travelers pass through Italian airports every year, but most probably don’t know that Rome’s airport is named for Leonardo da Vinci, Pisa’s is named for Galileo Galilei, and Palermo’s is named for Giovanni Falcone and Paolo Borsellino, two prosecutors who were murdered in 1992 as payback for their anti-Mafia crusades. But the decision this month to name Milan’s main international airport after Silvio Berlusconi, the media mogul and former Italian prime minister who died last year at age 86, did not go unnoticed. The renaming of Milan Malpensa Airport as International Airport Milan Malpensa — Silvio Berlusconi has unleashed a maelstrom of protests from left-leaning lawmakers, a barrage of memes and an online petition to block the designation, which as of Wednesday had more than 160,000 signatures. It also has made global headlines. “Why not Bunga-Bunga airport,” said one, in a German-language publication, referring to the sex-fueled bacchanals at Mr. Berlusconi’s villa that he described as merely “elegant dinners.”

Persons: Leonardo da Vinci, Pisa’s, Galileo Galilei, Giovanni Falcone, Paolo Borsellino, Silvio Berlusconi, — Silvio Berlusconi, ” Organizations: Milan Malpensa Airport, Milan Locations: Milan, Bunga

☆ ‘The Whole World Smiles With You’ challenges the boundaries of Black art
▼ + stars: | 2024-06-06 | by ( Leah Dolan | ) edition.cnn.com time to read: +7 min

“These were the images that were easy for the art world to engage with. Akinkugbe hopes the exhibition shows the "sprawling" nature of Black figurative art. Courtesy Opera GalleryWhile public and institutional interest in Black art has been increasing steadily since 2008, attention and engagement is often inextricably linked to the news cycle. “I do think that in the art world, there was a huge reaction to 2020. “I think it could broaden someone’s idea of what Black art is.

Persons: London CNN —, tutu, Edgar Degas, Chicago, Thelonious Stokes, Stokes, Alayo Akinkugbe, ”, Louis Armstrong, ” Akinkugbe, George Floyd, Derek Chauvin, Akinkugbe, Adjei, Amoako Boafo, Noel Anderson’s, Jazz Grant, ” Noel Anderson, Michael, Leonardo da Vinci, Vermeer, David Hockney, Lucien Freud, Jenny Saville, Francis Bacon’s, Lucian Freud ”, “ I’ve, ’ Stokes, Jesus, “, reimaginings, ” Stokes, ArtNews, Morgan Stanley, “ It’s, We’ve, there’s Organizations: London CNN, Opera, CNN, Sound, Black Arts Movement, Harlem Locations: retiré ., London, Chicago, Florence, Minneapolis, Ghana, West Africa, African

☆ Nvidia stock keeps hitting records. Can investors with little to no shares still buy?
▼ + stars: | 2024-05-23 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

While known for sizeable pullbacks in the past, the upward trajectory of Nvidia's stock last year and this year cannot be denied. We've been in Nvidia stock since 2019, years before the AI revolution was sparked by ChatGPT's viral moment shortly after its late 2022 launch. Through its Nvidia AI Enterprise service, Nvidia is in the process of building out a potentially massive software business. With that, let's think about Nvidia stock from the perspective of a long-term investor— and that's the key consideration, the investment horizon. At the beginning of the year, Nvidia stock traded at $481 per share on a $20.80 forward earnings estimate or a forward P/E multiple of 23 times.

Persons: We've, Jim, —, Jensen Huang, Leonardo da Vinci, Jim —, it's, It's, you've, Nvidia's, Colette Kress, Tesla, Kress, Jim Cramer's, Jim Cramer, Josh Edelson Organizations: Nvidia, Club, Apple, Enterprise, Devices, Intel, Investing, GE, NVIDIA, CNBC, SAP Center, Afp, Getty Locations: San Jose , California

☆ 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

☆ The Mona Lisa was set in this surprising Italian town, geologist claims
▼ + stars: | 2024-05-17 | by ( Leah Dolan | ) edition.cnn.com time to read: +4 min

CNN —Leonardo da Vinci’s Mona Lisa — one of the most famous paintings in the world — is shrouded in mystery; from questions around the figures identity, to her puzzling, enigmatic expression. Now, at least one of the artwork’s secrets has been revealed, according to a geologist based in Italy. Ann Pizzorusso, who is both a geologist and an art historian specializing in Leonardo and the Renaissance era, believes she has deduced the location of the Mona Lisa using her geological expertise. “Because when the glacier moved it scoured out certain pieces of land.”Pizzorusso believes Lake Como, the glacial lake dating back around 10,000 years, is in the background of the Mona Lisa. “We don’t know who (Mona Lisa) is, some believe she was a rich Tuscan merchant’s wife,” she said, referring to a popular historical theory that proposes the figure was based on Italian noblewoman Lisa Gherardini.

Persons: CNN — Leonardo da Vinci’s Mona Lisa —, Ann Pizzorusso, Leonardo, Mona Lisa, Pizzorusso, “, ”, VCG Wilson, Mona, there’s, ” Pizzorusso, titoslack, “ Botticelli, Michelangelo, Lisa Gherardini, Said, “ I’m Organizations: CNN, Italy —, Como Locations: Italy, Lecco, Lake Como, Windsor , London, Bobbio, Arezzo, Tuscany

He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. No one captured the massive cultural and economic disparities of my life in Delhi (and his in Lahore) like Toor. But quite unbeknown to me, Toor’s life in New York had opened up a new vein of material. Not everyone who sees a Michelangelo can go off and paint a Michelangelo.”THERE ARE SO many ways to begin.

Persons: Naipaul, Neil Shah, James Wood —, Zack, who’d, ”, Artemisia Gentileschi, Susanna, Elders ”, I’m, ” Gustave Flaubert, “, ” Zack, it’s, Bruce Chatwin, Paul Gauguin, Salman Rushdie, Somerset Maugham, Kathryn Bigelow, Philip Glass, Arundhati Roy, Booker, Joseph Conrad, Conrad, Jacques, ” Conrad, brimming, ’, ’ ”, Clarice Lispector, Benjamin Moser, ” Lispector, Maugham, eludes, Jan van Kessel, Elder, — Pieter Bruegel, —, Rebecca West —, “ Black Lamb, J.R, Hammond, Wells, Rebecca West ”, sloughed, Henrik Ibsen’s, Rosmersholm ”, Karan Mahajan, Salman Toor, what’s, ” Hemingway, Anoushka Shankar, Ravi Shankar, Harold Bloom, Ravi, Uday, René Daumal, Rasa ”, ” Anoushka, Norah Jones, Norah, I’ve, “ Raphael, Rachel Cusk, Italy ”, Perugino, Raphael, Cusk, J.M, Samuel Beckett, Gabriel García Márquez, Thomas Pynchon’s, James Joyce, Michelangelo, Leonardo da Vinci, Marcel Proust’s, Fyodor Dostoyevsky, Read, Emma Kehlbeck, Quinton Kamara Organizations: Amherst College, Elders, Fayerweather, ”, Google, Sunday Times, Somerset, Yugoslavia, The, “, . Locations: Delhi, ”, Massachusetts, Italian, Topeka, Kan, Amherst, New York, London, Patagonia, New Delhi, Torrens, Cambridge, Polish, Ukrainian, Brazil, Flemish, Victorian England, “ H.G, Fairfield, United States, “, East, Lahore, Europe, America, Texas, Side, Manhattan, India, Italy

He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. The painting followed me from Amherst to my first job in New York, and on to London and Delhi. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. I’m especially moved by those first moments of validation by which an artist comes out to himself, as it were. It’s this, the inexorability of the correspondence between an artist and the world, that gives those first steps their magical quality.

☆ Nvidia has a parade of partners, but these two stocks are my favorite beneficiaries
▼ + stars: | 2024-03-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +23 min

That's what Nvidia needed semiconductor design firm Synopsys to do to make this next generation of chips. Right now, Nvidia has had not one, but two different breakthroughs: Accelerated computing at a ridiculously fast speed and generative artificial intelligence. I think Jensen regards Dell as a crucial partner when it comes to installing Nvidia's systems anywhere. Do I think Nvidia would like to do more business with Apple? I think Nvidia would like to do more business with everyone, including alleged opponent Intel .

Persons: Abraham Lincoln, David Herbert Donald, Jensen, It's, Jensen Huang, Lincoln, Leonardo da Vinci, da Vinci, he's, Blackwell, Grace Hooper Superchip, –, Moby Dick –, that's, they've, Adam Selipsky, Jensen laughingly, Claude, Anthropic, Dell, Michael Dell, Jensen's, it's, dink, I'm, Johnson, J, Abbott, Reckitt Benckiser, we've, CrowdStrike, ServiceNow, Bill McDermott, Tesla, Elon Musk, Lora Kolodny, That's, Frank Slootman, Ansys, Synopsys, isn't, Sundar Pichai, Satya Nadella, Larry Ellison, Nvidia's Blackwell, Mark Zuckerberg, Jim, Tim Cook, Cook, Apple, Jim Cramer's, Jim Cramer, Josh Edelson Organizations: Lincoln, GTC, Nvidia, GTC –, CNBC, Amazon, Microsoft, Google, Dell Technologies, Club, Dell, Siemens, Rockwell Automation, Cadence Design Systems, Nvidia's, Johnson, Abbott Laboratories, GE Healthcare, cybersecurity, Palo Alto, Palo, Snowflake, AMD, Autodesk, Cadence, Computer, Oracle, Apple, Justice Department, Intel, Vision, Jim Cramer's Charitable, SAP Center, AFP, Getty Locations: U.S, Silicon Valley, Lincoln, Here's, Palo Alto, Pittsburgh, Switzerland, San Jose , California

☆ What’s in a Name? For This Rembrandt, a Steep and Rapid Rise in Price.
▼ + stars: | 2024-02-23 | by ( Colin Moynihan | ) www.nytimes.com time to read: +2 min

The dramatic change in value came about only because some experts decided the painting was by Rembrandt. Reattributed to da Vinci, it sold in 2013 for $83 million and then again for $127.5 million. “Adoration,” thought to have been painted around 1628, has at various times in its 400-year life been viewed as a work by Rembrandt. Three years later, it was offered for sale by Sotheby’s as a Rembrandt but went unsold. In 1985, the painting came back on the market, at Christies, and this time it was sold — but only as a work from the “circle” of Rembrandt.

Persons: Rembrandt, Philip IV, Salvator Mundi, Christ, Leonardo da, Reattributed, da, ”, Sotheby’s, Kurt Bauch Organizations: Metropolitan Museum of Art, Christie’s Locations: da Vinci, Christies

☆ Jim Cramer says Nvidia CEO Jensen Huang is a bigger visionary than Elon Musk
▼ + stars: | 2024-02-22 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer said Thursday he believes Jensen Huang — the co-founder and CEO of leading artificial intelligence chipmaker Nvidia — is a bigger visionary than billionaire entrepreneur Elon Musk, whose panoply of companies includes Tesla , rocket maker SpaceX and brain-tech startup Neuralink. Cramer's Charitable Trust, the portfolio used by the CNBC Investing Club, has long been invested in Nvidia. Cramer has espoused the brilliance of Huang for years and even re-named his dog Nvidia. Ahead of earnings this time, Cramer equated Huang to popstar Taylor Swift , saying their success is unparalleled in their respective fields. And Musk is creating, singlehandedly, a way to be able to deliver things," Cramer continued.

Persons: CNBC's Jim Cramer, Jensen Huang —, Nvidia —, Elon Musk, Jensen, Cramer, Huang, Leonardo da Vinci, popstar Taylor Swift, Musk, Barnum Organizations: Nvidia, SpaceX, Trust, CNBC, Microsoft, Apple, Cramer's Trust, Ringling Bros, Barnum, Bailey Locations: Santa Clara , California

☆ Artist Jeff Koons makes history with a sculpture on the moon
▼ + stars: | 2024-02-22 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +4 min

Called “Moon Phases,” they show 62 phases of the moon as seen from Earth, 62 phases visible from other viewpoints in space, and one lunar eclipse. Pace Verso, the NFT wing of Pace, is also offering NFTs of each sculpture, while Koons has produced larger, coinciding physical sculptures of his “Moon Phases” to remain on Earth. Koons' "Moon Phases" is visible on the lander's exterior. Intuitive Machines/APThough its arrival marks a milestone, “Moon Phases” is not the only art to touch down on the moon’s surface. But Odie has closed the chapter on a more niche space race — between Koons and the Dubai-based artist Sacha Jafri.

Persons: Odysseus, Jeff Koons, Odie, Koons, Aristotle, David Bowie, Leonardo da Vinci, Gandhi, Billie Holiday, Gabriel García Márquez, Andy Warhol, Virginia Woolf, Koons “, Pace Verso, Paul Van Hoeydonck, It’s, — Andy Warhol, Robert Rauschenberg, John Chamberlain, Claes Oldenburg, Forrest Myers, David Novros —, Sacha Jafri, Jafri, ”, Peregrine Organizations: CNN, SpaceX, Peregrine, Pace, Machines, Apollo Locations: American, Houston, Belgian, India, Japan, Dubai

☆ Russian billionaire loses Sotheby’s art fraud lawsuit involving ‘Salvator Mundi’
▼ + stars: | 2024-01-31 | by ( Oscar Holland | Reuters | ) edition.cnn.com time to read: +4 min

Among them was the “Salvator Mundi,” which Bouvier bought for $80 million before quickly selling it on to his then-client for $127.5 million. Speaking to CNN in 2021, Bouvier maintained that he had acted as a dealer, not an art adviser, and was thus entitled to mark up prices. The Russian billionaire lost his lawsuit against auction house Sotheby's yesterday. Jeenah Moon/Bloomberg/Getty ImagesThe case has been among the highest-profile art fraud disputes in recent years, offering a view into an often-secretive industry where wealthy buyers sometimes don’t know who they are buying from. Rybolovlev was allowed to sue over “Salvator Mundi” even though his ownership had proven unusually profitable.

Persons: oligarch Dmitry Rybolovlev, Rybolovlev, Sotheby’s, Yves Bouvier, “ Salvator Mundi, Leonardo da Vinci, Bouvier, Salvator Mundi, Dmitry Rybolovlev, Daniel Kornstein, Sotheby’s “, ” Sotheby’s, Jesse Furman, Leonardo, Gustav Klimt, Rene Magritte, Amedeo Modigliani, Furman, Pablo Picasso, Auguste Rodin, Henri de Toulouse, Lautrec, ” Organizations: CNN, Forbes, AS Monaco soccer, Bloomberg, Getty Locations: Swiss, New York, Russian, Switzerland, Singapore, Monaco, Hong Kong, Manhattan

The fertilizer titan alleged that the auction house helped a Swiss art dealer cheat him out of over $160 million by quietly imposing huge markups on works that he acquired. In private transactions, Sotheby’s sold Bouvier some works that he then resold to Rybolovlev. Well, not only of money," Rybolovlev said, through a court interpreter on the witness stand. Rybolovlev’s lawyers said Bouvier bought it from Sotheby’s for $83 million, then sold it on to the billionaire a day later for over $127 million. In 2017, Rybolovlev sold it through Christie’s for a historic $450 million and it became the most expensive painting ever sold at auction.

Persons: Sotheby’s, Leonardo, ”, Dmitry Rybolovlev's, he'd, Sotheby's, “ Today’s, Daniel Kornstein, ” Rybolovlev, Picasso, Rodin, Modigliani, Klimt, Magritte, Leonardo da Vinci, Yves Bouvier, Bouvier “, Bouvier, Rybolovlev, it’s, ” Sotheby’s, Sara Shudofsky, Vinci’s, Salvator Mundi, Jesus Christ Organizations: The New York Times Locations: U.S, York, The, Swiss, Sotheby’s

☆ Russian oligarch Dmitry Rybolovlev loses suit accusing Sotheby's of art fraud
▼ + stars: | 2024-01-30 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Dmitry Rybolovlev, president of As Monaco Football Club SA, arrives at court in New York on Jan. 9, 2024. Russian billionaire Dmitry Rybolovlev on Tuesday lost a New York federal court lawsuit in which he had accused the Sotheby's auction house of helping an art buyer defraud the oligarch by having him grossly overpay for various pieces of art. "It knew the actual prices Bouvier paid to the sellers and the fraudulently inflated prices Bouvier induced Plaintiffs to pay to him," the suit said. At trial, Sotheby's lawyer Sara Shudofsky told jurors that Rybolovlev was "trying to make an innocent party pay for what somebody else did to him." "We are grateful to the jury for its verdict, which totally vindicates Sotheby's of any alleged misconduct," Sotheby's said.

Persons: Dmitry Rybolovlev, Rybolovlev, Yves Bouvier, Bouvier, Leonardo da Vinci, Salvator Mundi, Sara Shudofsky, Shudofsky, Sotheby's, Daniel Kornstein, Kornstein, Donald Trump Organizations: Monaco Football Club SA, New, Xitrans Finance, Associated Press, Geneva, CNBC PRO Locations: New York, U.S, Manhattan, Sotheby's, Christie's, Beach , Florida, Singapore , Hong Kong , New York, Monaco

☆ Sotheby's Defeats Russian Oligarch in Art Fraud Case
▼ + stars: | 2024-01-30 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +3 min

Daniel Kornstein, a lawyer for Rybolovlev, said the case "achieved our goal of shining a light on the lack of transparency that plagues the art market. Furman dismissed fraud-based claims over the other 11 works, including art from Pablo Picasso, Auguste Rodin and Henri de Toulouse-Lautrec. Rybolovlev was allowed to sue over "Salvator Mundi" even though his ownership had proven unusually profitable. Rybolovlev went on to sell "Salvator Mundi" at Christie's in 2017 for $450.3 million, a record price for an artwork at auction. The case is Accent Delight International Ltd et al v Sotheby's et al, U.S. District Court, Southern District of New York, No.

Persons: oligarch Dmitry Rybolovlev, Rybolovlev, Sotheby's, Yves Bouvier, Salvator Mundi, Leonardo da Vinci, Bouvier, Daniel Kornstein, Jesse Furman, Gustav Klimt, Rene Magritte, Amedeo Modigliani, Furman, Pablo Picasso, Auguste Rodin, Henri de Toulouse, Lautrec, Jonathan Stempel, Bill Berkrot Organizations: YORK, Forbes, AS Monaco soccer, Court, Southern District of Locations: Swiss, Manhattan, U.S, Christie's, Southern District, Southern District of New York, New York

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