Gundlach Hunts for Lost Art

by: Hung Tran

Wednesday, September 26, 2012

Print

Email

Reprints

Tweet

Jeffrey Gundlach, the chief executive officer of DoubleLine Capital whose home was burglarized earlier this month, has offered some $1.7 million for information leading to the recovery of stolen artwork, the San Francisco Chronicle reports.

The reward includes $1 million for the recovery of a painting by Piet Mondrian and $500,000 for a Jasper Johns work and two pieces by Joseph Cornell, provided they're not damaged.

The rewards are on top of the $200,000 Gundlach had offered last week for information leading to the recovery of various items including watches and a red 2010 Porsche Carrera 4S from his Santa Monica, California residence. The loss is estimated at more than $10 million.