A New York socialite says she didn’t notice that a Picasso had gone missing from her home for 7 years until she discovered it was for sale in an art gallery in Miami.
Court papers filed by 88-year-old billionaire Billie Tisch, indicate she last saw the 1928 painting, titled ‘Tete,’ in December 2009, when it was being valued by Christie’s in her Manhattan apartment.
The New York Post reports that Tich only noticed the $1 million dollar painting was missing this month.
The owner of the Miami gallery says he legitimately bought the painting from Tisch’s husband before he died in 2003 and he’s wondering “When is too rich – too rich to not notice you’re missing a Picasso for 10 years?”