Inigo Philbrick- Biography
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Inigo Philbrick is a dealer suspected of stealing millions of dollars from other dealers and investors. He was recently tried, and his punishment was determined, bringing an end to a drama that had captivated the art world.
What is the Net Worth of Inigo Philbrick? Salary, Earnings
Inigo Philbrick’s current net worth is unknown. However, considering his love for million-dollar deals, we can estimate it to be in the millions. His net worth will fall, and he may be unable to continue running his current business.
Inigo Philbrick- Birth, Age, Ethnicity, Siblings, Education
Inigo Philbrick was born in Redding, Connecticut in 1987 to a writer mother and an art educator father. His parents moved to the United States when he was three or four years old. Philbrick grew up in the West Village and was raised in a “bohemian” household. Inigo attended Goldsmiths University in London, which focuses in art and design. This just so happened to be his father’s alma mater. Despite his lack of aptitude, he had a great devotion to art, which he appreciated.
Inigo Philbrick- Relationship, Married Life
Inigo Philbrick’s ex-fiancee is Victoria Baker-Harber from Made in Chelsea; their engagement ended owing to his incarceration. They also had a daughter. They were so in love that she swore to be by his side even after he received his punishment.
Inigo Philbrick- Professional Career
Inigo Philbrick began an internship at White Cube, a contemporary art gallery in London, in 2010 under fellow Goldsmith’s alum Jay Jopling. In a year, Philbrick rose from intern to director of secondary market sales. Philbrick swiftly established himself among foreign collectors and investors as an emerging authority in “fashionable modern artists like Rudolf Stingel, Wade Guyton, and Christopher Wool.” Philbrick’s gallery had an income of roughly $130 million by 2017, which he did not keep to himself. Philbrick’s legal issues are centered on two accusations: wire fraud and aggravated identity theft.
Philbrick allegedly cheated his clients by supplying them with “materially false and fraudulent pretenses, representations, and promises,” as well as using fictitious identities and signatures during the contracting process, according to the accusations. Rudolf Stingel’s “Untitled” (1956), a photorealistic painting by Pablo Picasso, was the case that opened the floodgates. In 2015, Philbrick agreed to sell the painting for $7.1 million to financial services business Fine Art Partners as part of a contract to resell the piece jointly at Christie’s for a speculated guaranteed price of $9 million. The next year, Philbrick sold the same work to Satfinance for $3.35 million, and then to Guzzini Properties for $6 million, this time for a fifty percent interest. Guzzini then submitted the work to Christie’s, where it sold for $6.5 million on May 15, 2019.
Controversy
On Monday afternoon, Philbrick was sentenced to 84 months in prison for the $86 million fraud. “I apologize without reservation or restriction to everyone affected,” Philbrick told Manhattan federal court Judge Sidney H. Stein. His acts were branded as “outrageous and reprehensible,” and he stated, “My sole goal is to make the individuals who believed in me whole.” Papers submitted before his punishment paint a complex picture of Philbrick’s life leading up to his horrible deed.
Social Media Details
Inigo presently has 1,541 followers and 994 followers on Instagram, where he publishes 388 times under the handle @inigophilbrick. His current account is solely for commercial purposes. He has a separate account where he posts photographs of his artwork.
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