Degas Sculpture Seller John Madejski
John Madejski is Britain’s 214th richest person, with a confirmed worth of 400 million pounds ($570 million). In addition to cars, Bentley, Ferrari, Rolls Royce and Jaguar, and personal number plates, John Madejski is well known for his interest in art.
Madejski now wants to downsize, if the price is right.
His Degas sculpture is expected to fetch between 9 million pounds and 12 million pounds at today’s Sotheby’s sale in London, the auction house said. [from bloomberg]
He bought the Edgar Degas sculpture La Petite Danseuse de Quatorze Ans in 2004.
The purchase was made at Sotheby's and cost him more than £5m.
Madejski promptly loaned the bronze to the Royal Academy for display in the Fine Rooms at Burlington House.