Alec wildenstein

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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. Download as PDF Printable version.

Alec pulled out alec wildenstein revolver and aimed it at her and her bodyguards, alec wildenstein, telling police after his arrest and a night in jail that he had mistaken them for intruders. Start your Independent Premium subscription today. When the brothers transferred the ownership of her four horses to the Ecurie Wildenstein, she sued.

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.

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.

Alec wildenstein

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.

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The family also has an extensive real estate portfolio and a horse breeding and racing business. Crossword Newsletters. Guy Wildenstein arriving to court, Paris, January 6, Fairchild Media. But in Westerner, which won five other major races that season, finally enabled the family to achieve their dream of a Gold Cup win. Alec Wildenstein's later years were clouded by two further court cases. But Alec was a difficult husband, depressed by his father's continuing iron grip on the business even after Daniel nominally relinquished control in Art dealer; racehorse owner and breeder — She claimed that the brothers had forced her to sign away her inheritance shortly after her husband's death by claiming that she would face huge tax bills and a possible criminal investigation. PMC Logo. 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. All Rights Reserved. Plus icon. Thank you for registering Please refresh the page or navigate to another page on the site to be automatically logged in Please refresh your browser to be logged in.

Alec Nathan Wildenstein August 5, — February 18, was a French-born American billionaire businessman, art dealer, racehorse owner, and breeder.

They reduced her monthly cash allowance, sold the family apartment in central Paris and moved her to another one in the Bois de Boulogne. The current trial seeks to determine whether he and other beneficiaries guided the trusts in failing to report the assets after the death of first Daniel and then Alec. 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. Also on trial are a notary, a lawyer, and two trust-fund managers. Forgotten your password? Log in. Download as PDF Printable version. Search Icon. As a result Jocelyne grew obsessed with her appearance, trying desperately to please her husband by making herself more cat-like to resemble the beloved animals on his Kenyan estate. Authority control databases. 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.