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Another Billionaire Secretly Finances Litigation – This Time Over a Jeff Koons Scuplture

By John Freund |

First there was Peter Thiel, who backed Hulk Hogan’s successful lawsuit against Gawker, and now there’s Ronald Perelman. Perelman, who runs the conglomerate MacAndrews & Forbes Group (MAFG), has been secretly funding Hollywood Produer Joel Silver’s lawsuit against art gallery owner Larry Gagosian. The funding deal was uncovered by Gagosian’s lawyers, who wrote a letter to the judge seeking to compel disclosure of alleged non-privileged communication between the two.

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