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In 2006, Sotheby's acquired a Dutch dealership, Noortman Master Paintings, from its owner, Robert Noortman, for $82.5 million ($56.5 million worth of Sotheby's stock and assumption of more than $26 million in gallery debt, including $11.7 million owed to the auction house).
Sotheby's International Realty operates as a franchise focusing on brokering and marketing of residential real estate. As of 2018, the Sotheby's International Realty network had more than 19,000 sales associates in 990 offices in 72 countries and territories worldwide.
Smith's basic salary will be $1.4 million, plus "target annual bonus opportunity will be 200% of his annual base salary", and "long-term incentive award opportunities" in Sotheby's shares. [8] In October 2019, Sotheby's was acquired by Patrick Drahi, and shareholders received $57 per share, with Smith receiving $28 million. [9]
Net income. US$343 million (2021) Total assets: US$7.21 billion (2021) ... Sotheby's International Realty; References This page was last edited on 10 January ...
After Sotheby's instituted a "poison pill" to stop Third Point from growing its position past 10%, ... his net worth is $3.5 billion as of April 2021. [75]
In 2019, Stewart became the chief executive officer for Sotheby’s, another Drahi owned company. [ 6 ] Stewart serves on the Prep for Prep 's board of trustees [ 7 ] and the Coalition for College's board of directors.
RM Sotheby's is a collector car auction company headquartered in Blenheim, Ontario, Canada, with offices across the United States, Europe, and the Middle East.The company specializes in the sale of classic, vintage, sports, and exotic cars, and is responsible for the sale of seven of the top ten most expensive cars ever sold at auction.
He had previously was Executive Vice President of Sotheby's and Managing Director of the company's North and South American divisions. [7] Ruprecht stepped down in November, 2014 amid criticism from hedge-fund billionaire and activist investor Daniel Loeb. [8] On 17 March 2015, it was announced that Tad Smith would succeed Ruprecht as CEO of ...