March 1998 Issue

Bitter Spoils

The messy, scandal-sheet divorce proceedings between Alec and Jocelyne Wildenstein may open the door on the secret history of the art world’s richest and most powerful family. From the intelligence network the Wildensteins created to accusations they collaborated with the Nazis, to the legendary contents of their vaults in New York and Switzerland, Suzanna Andrews explores four generations of an insular art-dealing dynasty whose $5 billion fortune, Gulfstream IV, racing stable, private Virgin Island compound, and 66,000-acre Kenya ranch cannot erase the rancorous legacy handed down from father to son to son.

Last September, Daniel Wildenstein’s family celebrated his 80th birthday with a party at the two-star restaurant Laurent, one of Paris’s most fashionable spots. It was an intimate dinner, for about 70 guests, to which Daniel’s 64-year-old second wife, Sylvia, had invited only her husband’s closest friends and his family, whose members had flown in for the occasion from New York, Montreal, and Palm Beach, some of them on the family’s private Gulfstream IV. Daniel’s two sons, Alec, 57, and Guy, 52, and Guy’s wife, Kristina, were there, as were all six of his grandchildren. 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. Horse racing was the old man’s passion, and his stable, Allez France, is considered among the best in Europe.

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