Source: New York Post
A sugar billionaire’s son agreed to buy a $15 million Jackson Pollock painting — but has yet to fork over a dime for it, court records show. David Mimran, whose father Jean Claude is worth an estimated $2 billion thanks to business ventures in West Africa and Switzerland, agreed to purchase the untitled, 1948 abstract impressionist artwork if it didn’t find a buyer at a November auction, Phillips Auctioneers said in a lawsuit. When the oil painting didn’t sell, Mimran, 56, was obligated to purchase it — but blew off two payment deadlines, including one in March and another in June.
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