US billionaire returns US$70m worth of stolen antiquities | Malay Mail

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NEW YORK, Dec 7 — A prominent US art collector and billionaire philanthropist has returned 180 works of art and antiquities stolen from around the world — some from ancient Greece — that are estimated to be worth US$70 million (RM296.2 million), Justice Department officials in New York said...

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NEW YORK, Dec 7 — A prominent US art collector and billionaire philanthropist has returned 180 works of art and antiquities stolen from around the world — some from ancient Greece — that are estimated to be worth US$70 million , Justice Department officials in New York said yesterday.

“For decades, Michael Steinhardt displayed a rapacious appetite for plundered artifacts without concern for the legality of his actions, the legitimacy of the pieces he bought and sold, or the grievous cultural damage he wrought across the globe,” Vance said in a statement along with the announcement, which came after a years-long investigation.

Steinhardt is a major donor to institutions such as New York University and the Metropolitan Museum, which named a gallery after him.

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