Sunday, November 9, 2025
No Result
View All Result
newshub
  • Global news
    • Climate & energy
      • Climate
      • Carbon
      • Coal
      • Disruptive
      • Gas
      • Nuclear
      • Oil
      • Solar
      • Water
      • Waves
      • Wind
      • Renewable
      • South America
    • Lifestyle
      • Best chefs
      • Cocktail of the week
      • History
      • Influential women
      • Newshub long-read
  • Financial insights
    • Australia
    • Banking
    • Business of the week
    • Central Banks
    • China
    • Commodities
    • Corporate
    • Europe
    • Fin & tech
      • Tech
      • AI
      • Blockchain
    • Investment
    • Japan
    • Neobanking
    • South East Asia
    • UK
    • US
  • Africa
    • Africa finance
    • Burundi
    • Gambia
    • Senegal
  • Asia
    • Asia finance
    • Laos
    • Malaysia
    • South Korea
  • Caribbean
  • MSTRpay
  • Press releases
  • Global news
    • Climate & energy
      • Climate
      • Carbon
      • Coal
      • Disruptive
      • Gas
      • Nuclear
      • Oil
      • Solar
      • Water
      • Waves
      • Wind
      • Renewable
      • South America
    • Lifestyle
      • Best chefs
      • Cocktail of the week
      • History
      • Influential women
      • Newshub long-read
  • Financial insights
    • Australia
    • Banking
    • Business of the week
    • Central Banks
    • China
    • Commodities
    • Corporate
    • Europe
    • Fin & tech
      • Tech
      • AI
      • Blockchain
    • Investment
    • Japan
    • Neobanking
    • South East Asia
    • UK
    • US
  • Africa
    • Africa finance
    • Burundi
    • Gambia
    • Senegal
  • Asia
    • Asia finance
    • Laos
    • Malaysia
    • South Korea
  • Caribbean
  • MSTRpay
  • Press releases
No Result
View All Result
newshub
No Result
View All Result
ADVERTISEMENT

Silvio Berlusconi heirs weigh up fate of his mostly worthless art collection

2023/10/20/09:08
in Lifestyle
Reading Time: 3 mins read
243 10
A A
Silvio Berlusconi heirs weigh up fate of his mostly worthless art collection

Italian former PM estimated to have spent €20m on artworks, often buying through TV auctions

The heirs of Silvio Berlusconi inherited billions from his empire but now they are faced with a dilemma: what to do with his vast collection of mostly worthless artwork, including paintings of nude women and the Madonna, stored in a warehouse opposite his home near Milan.

The former prime minister, who died in June at the age of 86, reportedly amassed the 25,000 works during the final years of his life, buying the majority from late-night shopping channels in his quest to become a top collector.

Vittorio Sgarbi, an undersecretary at the culture ministry, art critic and close friend of Berlusconi, said the compulsion for buying art sold through TV auctions began in earnest in 2018 as a result of “sleepless nights”.

He told Report, the investigative series broadcast on Rai, that Berlusconi spent an estimated €20m on what Sgarbi described as a collection of “crusts”, and the focus appeared to be on quantity rather than quality.

According to La Repubblica newspaper, the collection is a burden for Berlusconi’s five offspring, not least because it costs €800,000 a year to maintain the huge warehouse opposite Villa San Martino, his main residence in Arcore near Milan, in which the works are stored.

One of the first experts to receive a call from Berlusconi during a late-night TV auction was Lucas Vianini, who then became the billionaire’s chief curator.

“It was in 2018 when the telephone operator told me Berlusconi had called,” Vianini told Report. Vianini was later invited to Villa San Martino. “The first thing I saw was Dudu [a dog], and then Berlusconi appeared,” he said.

Vianini said he curated paintings including ones of landscapes and those depicting Berlusconi’s favourite cities, Milan and Paris. Describing the warehouse opposite Villa San Martino, Vianini said: “Berlusconi liked everything to be in order … it wasn’t a warehouse, it was more of a boutique.”

Berlusconi’s warehouse is understood to contain a number of paintings of nude women, although it is unclear where they were sourced.

Hundreds of paintings of religious figures came from Galleria Newarte, a merchant near Naples. The owner, Giuseppe De Gregorio, told Report that he couldn’t believe it when he received a call from Berlusconi inquiring about a painting worth €150.

“He said: ‘I’ll take it!’,” De Gregorio recalled. Business dealings and a friendship between the pair blossomed, with De Gregorio giving Berlusconi a three-metre marble statue of the politician for his birthday, which Berlusconi placed in front of a huge self-portrait on display in the warehouse.

La Repubblica reported that the Berlusconi family was planning to demolish the art collection, save for a few pieces deemed to be the most valuable. “I don’t know if the destruction of those paintings has already started,” Sgarbi was cited by the newspaper as saying. “I do know that, at least on an artistic level, it wouldn’t be a crime.”

Berlusconi left behind an empire that included a football club, properties, yachts and his main asset, Mediaset, Italy’s largest commercial broadcaster, worth more than €6bn, mostly to his children. He also left €100m to his partner, Marta Fascina, €100m to his brother Paolo, and €30m to Marcello Dell’Utri, a former senator with his Forza Italia party who served jail time for association with the mafia.

The family is believed to be considering turning Villa San Martino, where Berlusconi hosted business and political meetings as well as some of his famous “bunga bunga” parties, into a museum.

Source: The Guardian

No Result
View All Result

Recent Posts

  • Markets poised for cautious start as investors weigh global inflation and US policy signals
  • On this day in 1960: John F. Kennedy narrowly elected president of the United States
  • Global markets end the week mixed as investors weigh earnings and policy outlook
  • Tesla shareholders approve Elon Musk’s $1 trillion compensation package
  • Missing 1.5 °C climate target is a moral failure, UN chief tells COP30 summit

Recent Comments

    Archives

    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022

    Categories

    • Africa
    • Africa finance
    • AI
    • An diesem Tag
    • Asia
    • Asia finance
    • Australia
    • Banking
    • Best chefs
    • Biden
    • Blockchain
    • Burundi
    • Business of the week
    • Carbon
    • Caribbean
    • Central Banks
    • China
    • Climate
    • Climate & Energy
    • Coal
    • Cocktail of the week
    • Commodities
    • Corporate
    • Deutsch
    • Deutsch PR
    • Digital Banking
    • English PR
    • Europe
    • Financial insights
    • Focus on neobanking
    • Gas
    • Global news
    • Harris
    • History
    • India
    • Influential women
    • Invest and Rest
    • Italiano PR
    • Jamaica
    • Japan
    • Laos
    • Laos
    • Lifestyle
    • Metaverse
    • MSTRpay
    • Neobanking
    • News
    • Newshub long-read
    • newshub special
    • newshub-special
    • NFT
    • Nobel Prizes 2024
    • Nuclear
    • Oil
    • Press
    • Press releases
    • Pressroom
    • Renewable
    • Russia
    • Senegal
    • Solar
    • South America
    • South East Asia
    • South Korea
    • Stocks
    • Svensk PR
    • Tech
    • Trump
    • Trump trials
    • UFO
    • UK
    • UK News
    • Ukraine
    • US
    • US politics
    • Waves
    • WEX
    • Wind
    • World safety

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    Recent Posts

    • Markets poised for cautious start as investors weigh global inflation and US policy signals
    • On this day in 1960: John F. Kennedy narrowly elected president of the United States
    • Global markets end the week mixed as investors weigh earnings and policy outlook
    • Tesla shareholders approve Elon Musk’s $1 trillion compensation package
    • Missing 1.5 °C climate target is a moral failure, UN chief tells COP30 summit

    Categories

    • Africa
    • Africa finance
    • AI
    • An diesem Tag
    • Asia
    • Asia finance
    • Australia
    • Banking
    • Best chefs
    • Biden
    • Blockchain
    • Burundi
    • Business of the week
    • Carbon
    • Caribbean
    • Central Banks
    • China
    • Climate
    • Climate & Energy
    • Coal
    • Cocktail of the week
    • Commodities
    • Corporate
    • Deutsch
    • Deutsch PR
    • Digital Banking
    • English PR
    • Europe
    • Financial insights
    • Focus on neobanking
    • Gas
    • Global news
    • Harris
    • History
    • India
    • Influential women
    • Invest and Rest
    • Italiano PR
    • Jamaica
    • Japan
    • Laos
    • Laos
    • Lifestyle
    • Metaverse
    • MSTRpay
    • Neobanking
    • News
    • Newshub long-read
    • newshub special
    • newshub-special
    • NFT
    • Nobel Prizes 2024
    • Nuclear
    • Oil
    • Press
    • Press releases
    • Pressroom
    • Renewable
    • Russia
    • Senegal
    • Solar
    • South America
    • South East Asia
    • South Korea
    • Stocks
    • Svensk PR
    • Tech
    • Trump
    • Trump trials
    • UFO
    • UK
    • UK News
    • Ukraine
    • US
    • US politics
    • Waves
    • WEX
    • Wind
    • World safety

    Archives

    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    newshub

    © 2023-2025
    MSTRpay AB
    Legal & Disclosure

    • Global news
    • Financial insights
    • Africa
    • Asia
    • Caribbean
    • MSTRpay
    • Press releases

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Global news
      • Climate & energy
        • Climate
        • Carbon
        • Coal
        • Disruptive
        • Gas
        • Nuclear
        • Oil
        • Solar
        • Water
        • Waves
        • Wind
        • Renewable
        • South America
      • Lifestyle
        • Best chefs
        • Cocktail of the week
        • History
        • Influential women
        • Newshub long-read
    • Financial insights
      • Australia
      • Banking
      • Business of the week
      • Central Banks
      • China
      • Commodities
      • Corporate
      • Europe
      • Fin & tech
        • Tech
        • AI
        • Blockchain
      • Investment
      • Japan
      • Neobanking
      • South East Asia
      • UK
      • US
    • Africa
      • Africa finance
      • Burundi
      • Gambia
      • Senegal
    • Asia
      • Asia finance
      • Laos
      • Malaysia
      • South Korea
    • Caribbean
    • MSTRpay
    • Press releases

    © 2023-2025
    MSTRpay AB
    Legal & Disclosure