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Michael Steinhardt, Billionaire, Surrenders $70 Million in Stolen Relics

Hedge fund founder Steinhardt will return looted antiquities

Billionaire hedge fund manager Michael Steinhardt has agreed to turn over $70 million worth of stolen antiquities and will be subject to an unprecedented lifetime ban on acquiring antiquities, the Manhattan district attorney announced Monday.

Hedge fund founder Michael Steinhardt will return looted antiquities

NEW YORK — Billionaire hedge fund manager Michael Steinhardt has agreed to turn over $70 million worth of stolen antiquities and will be subject to an unprecedented lifetime ban on acquiring antiquities, the Manhattan district attorney announced Monday. In return, Steinhardt, a philanthropist who is chair of the Steinhardt Foundation

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