Pierre Lagrange cofounded the hedge fund GLG Partners with Jonathan Green and Noam Gottesman (Gottesman is also on the ARTnews Top 200), which Man Capital purchased in 2010 in a deal worth $1.6 billion. While Gottesman left the company, Lagrange stayed on and is now senior adviser to the Man Group. Before opening GLG, he worked at Goldman Sachs and JP Morgan. The Daily Mail reported in 2015 that the Belgian-born macher has a net worth in the area of £500 million. In 2012, Lagrange filed a suit against the now-defunct Knoedler Gallery in New York for selling him a fake Jackson Pollock painting for $17 million, which was settled on undisclosed terms. His lawsuit prompted fashion magnate and Sotheby’s chairman Domenico De Sole to also sue the gallery, which led to a widely publicized trial.
Copyright 2018, Art Media ARTNEWS, llc. 110 Greene Street, 2nd Fl., New York, N.Y. 10012. All rights reserved.