Nasser Khalili

Nasser David Khalili, the billionaire property developer and collector of Islamic art, has won a court case against a Dubai-based businessman, Farbod Dowlatshahi, his former associate and a one-time member of the board of his family trust. The case has revealed that he lent large amounts of money to Dowlatshahi for art deals that never materialised, among them an attempt to sell the Khalili collection to Abu Dhabi.

Read More: How Khalili Almost Sold His Collection to Abu Dhabi