Billionaire’s looted art still on display at Israel Museum

JERUSALEM (HRNW) — One of the Israel Museum’s biggest patrons, American billionaire Michael Steinhardt, approached the flagship Israeli art institution in 2007 with an artifact he had recently bought: a 2,200-year-old Greek text carved into limestone.

But shortly after it went on display, an expert noticed something odd — two chunks of text found a year earlier during a dig near Jerusalem fit the limestone slab like a jigsaw puzzle. It soon became clear that Steinhardt’s tablet came from the same cave where the other fragments were excavated.

Last month, Steinhardt surrendered the piece, known as the Heliodorus Stele, and 179 other artifacts valued at roughly $70 million as part of a landmark deal with the Manhattan District Attorney’s office to avoid prosecution. Eight Neolithic masks loaned by Steinhardt to the Israel Museum for a major exhibition in 2014 were also seized under the deal, including two that remain exhibited at the museum.

Museums worldwide are facing greater scrutiny over the provenance — or chain of ownership — of their art, particularly those looted from conflict zones or illegally plundered from archaeological sites. There are growing calls for such items to be returned to their countries of origin.