Telecom Tycoon's Paintings Return to N.Y. 10 Years After Lehman
- Juan Antonio Perez Simon’s collection debuts Wednesday night
- Works by Dali, Miro, Magritte on display at Di Donna Galleries
It was November 2008 and the financial crisis triggered by the collapse of Lehman Brothers Holdings Inc. had finally caught up with the art market. Auction volumes plunged and prices tumbled. While many collectors were too distracted or short on cash, others sensed opportunity -- and went shopping.
One such person was Juan Antonio Perez Simon, the former chief executive officer of Teléfonos de Mexico and long-time business partner of billionaire Carlos Slim, the world’s seventh-richest person.