Art Investment

Businessman sued the collector because of three paintings of Jasper Johns

Billionaire Henry Kravis and collector Donald Bryant Junior in 2008 bought together three paintings by Jasper Johns with the condition of giving them further MoMA, but now holds a picture of Bryant himself, and does not give them any Kravis nor museum

Jasper Johns Tantric part I. 1980
Source: billionaire Henry Kravis sued the collector Donald Bryant Jr. because of three paintings of Jasper Johns. It is a triptych "Tantric detail", which was bought by Kravis and Bryant together in 2008. This is one of my favorite works of Jasper Johns and artist sold them only on condition that, sooner or later, they will be donated to the museum. Buyers are promised to present "Tantric detail" MoMA - unsubscribe triptych this museum in his will or give it even earlier.

For several years, the triptych "Tantric detail" alternately lived in a house that Bryant is in the house Kravis and his wife Marie-Josée. However, the traditional exchange did not take place in January. Bryant refused to give the picture, demanding renegotiation of the agreement. Henry Kravis did not fail to apply for a partner to court, accusing him of planning to reverse in the future donation of paintings in MoMA. Actions Bryant claimant considers frank disrespect to both the museum and the artist. If Jones knew that in a few years, Bryant wants to keep his pictures himself, he would never sell them to him, - the plaintiff Kravis. Triptych "Tantric detail" is estimated by experts of the art market from 15 to 25 million dollars.

Prepared Maria Onuchina, AI

Sources : nydailynews.com ,


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