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Patrick Drahi

Sotheby's Paris

Sotheby’s Announces $1 Billion Investment from Abu Dhabi’s ADQ 

In a landmark development for the global art market, Sotheby’s has secured a $1 billion investment from Abu Dhabi’s sovereign wealth fund ADQ…

30 October 2024

Art Market, News

Sotheby’s Sold To Private French/Israeli Media Tycoon Patrick Drahi

Sotheby’s has been sold to the French/Israeli Media Tycoon Patrick Drahi for $3.7 Billion, taking the second largest Auction House in the world from public ownership to private.

18 June 2019

Announcement, Art Market

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