Anne Sinclair's wealth has been the subject of some speculation over the last couple of weeks. While Dominique Strauss-Kahn had to provide documentation on his own finances (he has about $2 million and is due a $200,000 pension to follow his $421,000 salary at the IMF) to prove he could make his $1 million bail, many media outlets jumped to the conclusion that his wife, Anne Sinclair, as the real financial powerhouse keeping him out of jail. After all, the private security firm he hired to make sure he didn't flee back to France costs $200,000 per month, and the townhouse he just rented costs another $50,000 monthly. Some have referred to Sinclair as a "billionaire," but over at Forbes, where they're "in the billionaire business," Clare O'Connor did some legwork and debunked that characterization. Though it's still true that while Strauss-Kahn and Sinclair are both rich, she brings more to the table, mostly because of her inherited art collection.
Sinclair is the granddaughter of Paul Rosenberg, a French art agent and dealer who represented his friend Picasso, as well as Matisse and Braque.... Rosenberg owned at least 89 works worthy of a gallery show, including 43 Picassos and paintings by Degas, Seurat and Renoir. When Rosenberg died in 1959, his collection was passed down to his son Alexandre, Anne Sinclair’s father. She is thought to have inherited these works when Alexandre died in 1987. There is no way of knowing exactly what of Rosenberg’s personal trove Sinclair still owns, although ArtInfo.com has compiled a list of works she and her family have sold over the years, including one of Monet’s ‘Waterlilies’ series for about $20 million, Leger’s ‘The Woman in Red and Green” for $22.4 million, Matisse’s ‘Odalisque, Blue Harmony’ for $33 million and 14 lesser works totaling $18.75 million.
In addition to the art, Strauss-Kahn and Sinclair co-own some valuable properties, including one in Georgetown (in Sinclair's name), two Paris apartments, and a riad in Morrocco. Altogether, O'Connor estimated the paintings at between $100 and $200 million, and the properties at about $15 million. Not a bad nest egg.
This article is from the archive of our partner The Wire.
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