Hedge-fund manager Alan Howard’s collection includes a $43 million Monet water-lily painting. The head of the firm Brevan Howard Asset Management, Howard was reported to be worth $1.4 billion as of September 2018, by Forbes. In 2013, Howard paid $10 million to the victims of the Filipino dictator Ferdinand Marcos in order to retain possession of the Monet mentioned above; it used to belong to a widow of Marcos.
© 2019 ARTnews Media, LLC. All Rights Reserved. ARTnews® is registered in the U.S. Patent and Trademark Office.