Heidi Horten

Heidi Horten (née Jelinek; 13 February 1941 – 12 June 2022)[1] was an Austrian billionaire and art collector. She was the widow of businessman Helmut Horten, whose wealth was famously rooted in Nazi profiteering. [2] In May 2020 Forbes estimated her net worth at US$3.0 billion.[3]

Heidi Horten
Born
Heidi Jelinek

(1941-02-13)13 February 1941
Died12 June 2022(2022-06-12) (aged 81)
NationalityAustrian citizenship
Known forPhilanthropy, art collector, and billionaire
Spouses
(m. 1966; died 1987)
    Jean-Marc Charmat
    (m. 1994; div. 1998)
      Karl Anton Goëss
      (m. 2015; died 2022)

      Biography

      Horten inherited her wealth upon the death of her husband, the founder of the German department store business Horten AG.[3] Horten met her husband when she was 19; he was 32 years older than her.[3] Horten was part of the board of Helmut Horten Stiftung, a charitable foundation that supports various healthcare related institutions, funds medical research, and helps individuals in need.[3]

      Luxury yacht Carinthia VII (owned by Heidi Horten, Austria) in Venice

      Horten divided her time between Vienna, Austria, and Ticino, Switzerland, when in Europe, and Lyford Cay in the Bahamas.[3] Horten owned the Carinthia VII, a 315-foot yacht. She enjoyed hunting and art collecting. Horten sold the 35.56 carat Wittelsbach Diamond, formerly part of the Crown Jewels of Bavaria, for $24 million in 2008.[3]

      In August 2019, it emerged that Horten had donated almost one million euros in 2018 and in 2019 to the Austrian People's Party (ÖVP).[4]

      Art collection

      Horten amassed an art collection of over 500 works, which included paintings by Pablo Picasso, Marc Chagall, Jean-Michel Basquiat, Andy Warhol, Gerhard Richter, Georg Baselitz, and Yves Klein.[5] In 2018, 170 works from the Heidi Horten Collection were exhibited at Leopold Museum in Vienna.[6]

      In 2019, Horten announced plans to open a private museum, having bought a 155-year-old, 2,000 m2 (22,000 sq ft) mansion in Vienna to house the collection.[5] Designed by architects Marie-Therese Harnoncourt-Fuchs and Ernst Fuchs,[7] the museum opened to the public in 2022.[8]

      Following Horten's death, her jewellery collection was being auctioned by Christie's in May 2023.[9] The auction set a record for the most valuable single collection of jewels, fetching CHF 180 million (US$201 million).[10][11][12] Following controversy over the source of the Horten fortune, Christie's announced that a portion of the proceeds would be contributed to Holocaust education and related causes.[13] On August 31, 2023, Christie's cancelled the auction entirely after Jewish charities and organizations refused to accept any monies related to the sale. [14]

      References

      1. "Trauer um Kunstsammlerin Heidi Goess-Horten". news.ORF.at (in German). 12 June 2022. Retrieved 13 June 2022.
      2. "Forbes profile: Heidi Horten". Forbes. Retrieved 28 September 2020.
      3. Süddeutsche Zeitung 22 August, 2019 print edition (in German)
      4. Durón, Maximilíano (10 September 2018). "Heidi Goëss-Horten". ARTnews.com. Retrieved 29 December 2021.
      5. "Klimt's Landscape Has a Special Place in My Home". Larry's List. Retrieved 29 December 2021.
      6. Cathrin Kahlweit (12 June 2022), Heidi Goëss-Horten gestorben: Ein Leben für die Kunst Süddeutsche Zeitung.
      7. Alex Greenberger (10 June 2022), A Secretive Austrian Collector Unveils a Long-Awaited Private Museum in Vienna ARTnews.
      8. Hernandez, Belen (10 April 2023). "Christie's largest jewelry sale: A billionaire widow, diamonds and a fortune built on Nazi plunder". El País.
      9. Holland, Oscar; Orie, Amarachi (16 May 2023). "Controversial jewelry collection fetches a record-shattering $201 million". CNN.
      10. "The World of Heidi Horten: Magnificent Jewels Part I". Christie's. 10 May 2023.
      11. "The World of Heidi Horten: Magnificent Jewels Part II". Christie's. 12 May 2023.
      12. McFall, Caitlin. "Heiress' $150 million jewelry auction sparks controversy over late husband's profits during Nazi oppression". Fox News. Retrieved 30 May 2023.
      13. Small, Zachary (31 August 2023). "Christie's Cancels Sale of Jewelry Connected to Nazi-Era Fortune". The New York Times. ISSN 0362-4331. Retrieved 6 September 2023.

      Further reading

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