Leonardo DiCaprio will no longer be headlining Hillary Clinton’s $33,400-per-guest fundraiser, with Justin Timberlake taking over his hosting duties.
Earlier reports suggested the change was in response to a Department of Justice investigation into ties between his foundation and a $3 billion embezzlement scheme, but a person with knowledge of the situation told TheWrap the change was due to “scheduling issues” on DiCaprio’s part.
The insider insisted “there has been no talk” of anything but a work conflict that is keeping DiCaprio in New York until Wednesday and unable to attend the Los Angeles event Tuesday.
The sudden change in party plans come just three days after The Leonardo DiCaprio Foundation was revealed to be facing questions from the Justice Department about a financial connection to a $3 billion Malaysian embezzlement scandal.
DiCaprio’s personal ties to the figure at the center of the accusations, financier Jho Low, have been known for some time.
Low, a gambling and partying buddy of the “Revenant” star, is accused by the DOJ of siphoning off more than $3 billion from a Malaysian sovereign wealth fund, 1MDB, and treating it essentially like a personal piggy bank, buying increasingly extravagant items and ingratiating himself with Hollywood A-listers.
Additional reporting by Matt Pressberg and Itay Hod
Hollywood's Top 10 Art Collectors, From Leonardo DiCaprio to David Geffen (Photos)
Wealth-X has ranked the value of the art collections of some of showbiz world's biggest collectors, click through to see the top 10 in reverse order.
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10. Leonardo DiCaprio Estimated value of art collection: $10 million The Oscar winner has picked up works by the likes of Jean-Michel Basquiat and Takashi Murakami.
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9. Michael Ovitz Estimated value of art collection: $12 million The former agent (and MoMA board member) built a villa in Benedict Canyon to house his acquisitions, which include works by Pablo Picasso, Jasper Johns and Mark Rothko.
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8. Jacob Bloom Estimated value of art collection: $14 million The longtime Hollywood attorney and his wife, Ruth, have assembled a remarkable collection that includes works by Chinese artist Ai Weiwei, Jeff Koons, John Baldessari and Matthew Barney.
7. Brad Pitt Estimated value of art collection: $25 million The actor spent a reported $1 million on a painting of an auto racetrack by German artist Neo Rauch in 2009.
6. Steve Tisch Estimated value of art collection: $50 million The film producer and chairman of the New York Giants serves a trustee of LACMA, who donated Christian Marclay's "The Clock" to the museum.
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5. Jack Nicholson Estimated value of art collection: $150 million The Oscar-winning actor has compiled a collection that includes works by Picasso, Matisse, Modigliani, Magritte and Botero.
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4. Steven Spielberg Estimated value of art collection: $240 million The director and producer has quietly amassed a collection filled with lots of Norman Rockwell as well as Edward Hopper and many Impressionists.
2. Arnon Milchan Estimated value of art collection: $600 million The producer of "The Revenant" has assembled works by Pablo Picasso, Francis Bacon and Vincent Van Gogh that he's spread among his homes in L.A., Paris and Israel.
2. George Lucas Estimated value of art collection: $600 million The "Star Wars" filmmaker, whose personal collection includes works by Norman Rockwell, in 2016 abandoned plans to open the Lucas Museum of Narrative Art in Chicago.
1. David Geffen Estimated value of art collection: $2.3 billion Geffen's collection is estimated to be worth about a third of his personal net worth, even though he sold even though he sold two significant works – Jackson Pollock’s “Number 5″ and Willem de Kooning’s “Woman III” – in 2006 for $277 million combined.
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Wealth-X ranks the value of the art collections of some of showbiz world’s biggest collectors
Wealth-X has ranked the value of the art collections of some of showbiz world's biggest collectors, click through to see the top 10 in reverse order.