Ken Griffin Drawn Into Ron Perelman’s $410 Million Art Fight (1)

What do billionaire Ken Griffin, a Hamptons fire and Cy Twombly’s painting Untitled (1971) have in common?

The answer: Ron Perelman’s three-year dispute with a group of insurers about a portion of his extensive art collection.

Ronald Perelman

Photographer: Chris Goodney/Bloomberg

Perelman, 80, submitted some of the most highly valued art at his residence in New York’s Hamptons for insurance claims in 2020 on the grounds that a fire two years earlier damaged them, adding under oath that he’s never offered to sell them.

Now his insurers claim a visit to the estate from Griffin is evidence Perelman lied about putting ...