Alec wildenstein

Alec Wildenstein was one of the two heirs of by far the richest family in the world of art. Untilalec wildenstein, he was known only within art and racing, where the family were major owners and breeders.

Three heirs of the vast Wildenstein art-dealing dynasty are on trial in Paris, charged with tax fraud and money laundering, all because of angry spouses. 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 as Daniel lay dying in Paris. Longtime observers of the domineering and controlling Daniel say that Guy and his late brother Alec learned everything they knew about creatively moving assets around the world from the old man himself. Guy Wildenstein denies all the charges.

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. They had a daughter, Diane, followed by a son, Alec. Their divorce proceedings between and gained wide media coverage for revelations about the couple's extravagant spending habits and the pressure he put on Jocelyn Wildenstein to undergo plastic surgery. Contents move to sidebar hide. Article Talk. Read Edit View history. Tools Tools.

Read our privacy notice. Prosecutors say that beginning alec wildenstein the Wildensteins began hiding money from French tax officials in offshore tax havens and mysterious trusts as Daniel lay dying in Paris.

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.

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. In an appeal court upheld the acquittal. When Daniel Wildenstein died, his second wife and widow, Sylvie, fell out with her stepsons, Guy and Alex, and accused them of tricking her out of her inheritance. She reported her suspicions to the French tax authorities. Among the family assets outlined in court were a 30,hectare private compound and wildlife sanctuary in Kenya, where parts of the film Out of Africa were shot, racehorses, stables, a New York apartment, dozens of paintings and a Gulfstream jet. This article is more than 3 years old. Guy Wildenstein and others face new trial after court annuls tax fraud acquittal.

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.

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Skip to Main Content. Alec Wildenstein enjoyed thoroughbreds for flat and steeplechase and standardbreds for harness racing. Robb Report. Alec and Guy sued for defamation in a French court but lost. Got a tip? On Daniel Wildenstein's death in , Guy, reckoned to be much the tougher businessman, took control of the family's art business, leaving Alec with their enormous, and historically enormously successful, racing interests, the Ecurie Wildenstein. In , his great-grandfather founded a business dealing in art. Big in America Push notifications. Daniel Wildenstein Martine Kapferrer. Guy Wildenstein arriving to court, Paris, January 6, Please enter a valid email address. Unfortunately for him, the judge banned him from the family home during the divorce proceedings. If they are found to have done so, the trustees will be in violation of the rules of irrevocable trusts, which state that they must be independently managed. 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

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.

The family were always obsessionally secretive. The split also put an unwelcome spotlight on the publicity-averse Wildenstein family and the extreme control Daniel Wildenstein exercised over the business—and his two sons, Guy and Alec. Want to bookmark your favourite articles and stories to read or reference later? Alec Wildenstein's later years were clouded by two further court cases. February 18, Art dealer; racehorse owner and breeder — They had a daughter, Diane, followed by a son, Alec. 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. Already subscribed? Our Sites. Guy is the great-grandson of Nathan Wildenstein, who came from humble beginnings near Strasbourg to build an art-dealing empire in Paris in the late s. Their fortune was based on the enormous collection of art works they had stored in their vaults. The court ruled that under French law she was entitled to a half-share in her husband's fortune. TECH Disinformation. Most Read.