Helly Nahmad (New York)

This article is about Helly Nahmad who runs an art gallery in New York. For Helly Nahmad (his cousin) who runs an art gallery in London, see Helly Nahmad (London).
Helly Nahmad
Born Hillel Nahmad
1977/1978 (age 37–38)[1]
Residence New York City
Occupation art dealer
Parent(s) David Nahmad
Relatives Joseph (Giuseppe) (uncle)
Ezra (uncle)
Website Helly Nahmad Gallery, New York

Helly Nahmad (born 1977/78) is an American art dealer.

Early life

He is the son of the art dealer David Nahmad. His younger brother, Joe, is also an art dealer.[2] He was educated at New York's private Dalton School, and was "expelled in his senior year for reasons that remain unclear".[2]

Career

Nahmad founded an eponymous modern art gallery in New York City . The gallery is based at New York's Carlyle Hotel, at 975 Madison Avenue, on the corner with East 76th Street.[3][4]

This gallery is not to be confused with a different gallery of the same name in London, owned by his cousin Helly Nahmad, the son of his uncle Ezra, which operates as a completely separate entity.

In November 2015, the Helly Nahmad Gallery and others were being sued in the New York State Supreme Court by a previous owner's grandson, Philippe Maestracci, for the return of the 1918 Modigliani painting, Seated Man with a Cane, valued at more than $25 million.[5]

Illegal gambling business

In 30 April 2014, he was sentenced to 12 months in prison after pleading guilty in November 2013 to a federal gambling charge - "operating an illegal gambling business" by running a high stake poker game from his flat in the Trump Tower. He was also ordered to pay a $30,000 fine and to hand over $6.4 million and his interest in a Raoul Dufy painting, Carnaval à Nice that was subject to an allegedly fraudulent transaction. Nahmad was also required to undergo drug testing following release, 300 hours of community service, and take part in a gambling addiction program.[1][3][6] Nahmad was also charged with racketeering, money laundering and fraud, but those charges were later dropped. Vadim Trincher, who was running an international sports betting book for Russian gamblers, and played in Nahmad's poker game, received a five-year sentence.[6]

Nahmad was released after five months.[6]

Personal life

Over the course of a decade, Nahmad has bought six apartments, spending more than $21 million, all on the 51st floor of New York's Trump Tower, almost the entire floor.[2]

His ex-girlfriend is the Brazilian model Ana Beatriz Barros.[7]

References

External links

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