Inside the Pandemic-Era Divorce Boom—and the Windfall It’s Creating for the Art Market
While the news of Bill and Melinda Gates’s split brought the question about how the mega-wealthy divide assets into the public eye, breakup-related business has been quietly gaining momentum in the art world for months.
“I imagine that the majority of the divorce agreement has been worked out way before they made their public announcement,” said lawyer Jacqueline Newman, who specializes in high-net-worth matrimonial cases at Berkman Bottger Newman & Schein LLP. “I would bet that the artwork has already been divided up as well.”
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