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  2. Hammer was the owner and chief executive of the Knoedler, an art dealership in New York City, which closed in 2011 after purchasing and reselling $80 million in forged paintings bearing the signature of abstract expressionists such as Mark Rothko and Jackson Pollock. Early life.

  3. Sep 3, 2022 · According to All Famous Birthday, Michael, the family's current patriarch, is estimated to have a net worth of $1.5 million. Armie's previously estimated net worth has since fallen due to his decline in fame.

    • Anna Garrison
  4. Nov 23, 2022 · Surprisingly, his net worth was not very high at the time of his passing coming in at right around $1.5M. According to Distractify, his net worth took a pretty massive hit because of the controversies surrounding his family. Check out the trailer of the House of Hammer documentary down below:

  5. Sep 2, 2022 · When Armand died in 1990, Hammer's father (and Casey's brother), Michael, inherited almost all of the family's business empire, which is estimated to be worth more than $180 million.

    • Henry Blodget
  6. Mar 11, 2021 · Armand had yearned for a legacy, spending over $100 million to build the Hammer Museum. But in 1994, according to The Washington Post, Michael turned the Hammer Museum over to the UCLA art ...

  7. Nov 23, 2022 · In 2021, Michael’s sister Casey Hammer told Vanity Fair that their father Julian inherited only $250,000 of their grandfather’s $40 million fortune. Michael received the majority of the...

  8. Aug 30, 2024 · The Knoedler Gallery, which Michael received as part of the inheritance, closed down suddenly in 2011 and was later accused of selling forged paintings worth $70 million, with the practice supposedly starting in 1994.

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