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Michael Steinhardt

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Gender Male
Age 83
Date of birth December 7,1940
Zodiac sign Sagittarius
Born New York
United States
Net worth Forbes
Spouse Judy Steinhardt
BooksNo Bull: My Life In and Out of Markets
Children Sara Berman
David Russ Steinhardt
Job Journalist
Businessperson
Investor
Philanthropist
Education Wharton School of the University of Pennsylvania
University of Pennsylvania
Date of Reg.
Date of Upd.
ID444905
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Michael Steinhardt Life story


Michael H. Steinhardt is an American billionaire hedge fund manager, philanthropist, and former antiquities collector. In 1967, he founded a hedge fund, Steinhardt Partners which he ran until he closed it in 1995. After a hiatus from work, he returned to head WisdomTree Investments in 2004.

New York returns $19m worth of stolen art to Italy

Sep 7,2022 8:20 am

New York 's District Attorney has returned $19m (£16m) worth of stolen art to Italy.

The 58 pieces include a marble head of The Goddess Athena dated 200 BC, worth an estimated $3m alone.

The stolen artefacts were sold on to museums and private dealers by convicted looters, said Mr Alvin Bragg .

It is The City 's latest effort to return plundered goods to their country of Origin - $66m worth have been returned So Far this year.

The Head of the DA's antiquities trafficking unit promised there would be " ".

Homeland Security was part of The Investigation to seize and repatriate these objects to The Italians - 21 of these came from the Metropolitan Museum of Art.

Although the pieces have immense monetary value, an Italian official described them as " priceless".

General Roberto Riccardi said he felt especially happy knowing that these objects would be returning to communities who will know " where we come from, about our history, about our identity".

Investigators had worked for years to track down the art smugglers' trails and locate the items that were being repatriated, according to Homeland Security officials.

Giacomo Medici and Giovanni Franco Becchina are among the convicted robbers who used a network throughout Italy to steal pieces from unguarded sites, according to the DA's office.

It said these objects were eventually imported to the US where they were sold to American billionaire Michael Steinhardt , who is after evidence found that items he owned had been looted and illegally smuggled.

In 2021, Mr Steinhardt surrendered treasures worth $70m as part of a deal which means he will not face criminal charges.



Source of news: bbc.com

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