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Perelman Seeks $90 Million for Monumental Giacometti Statue

  • Billionaire has already sold $350 million of his artwork
  • Ron Perelman has said it’s time ‘to clean house, simplify’
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Having already sold more than $350 million worth of art, billionaire Ron Perelman is parting with a crown jewel of his collection: Alberto Giacometti’s monumental sculpture “Grande femme I.”

The Revlon Inc. owner is selling the 9-foot-tall bronze anonymously through Sotheby’s, according to people with knowledge of his collection. The auction house, which declined to comment on the seller’s identity, said it’s seeking at least $90 million for the work in a “sealed bid” private sale.