Daniel Searle, heir to a $1.5 billion fortune, has largely devoted himself to charity since stepping down 20 years ago as head of his family's pharmaceutical company. And no institution has received more of his attention than the Art Institute of Chicago. In 1987, at the museum's behest and with the assistance of two of its curators, Searle purchased a Degas pastel known as Landscape with Smokestacks for $850,000. Now, 10 years later, the 71-year-old philanthropist faces a major lawsuit filed by the heirs of Holocaust victims who claim that the painting was stolen from their relatives by the Nazis. "My...
ART: SAVING THE SPOILS OF WAR
THE NAZIS LOOTED THEM. AMERICANS BOUGHT THEM. NOW HOLOCAUST VICTIMS WANT THEM BACK
Subscriber content preview.
or
Log-In
To continue reading:
or
Log-In