Rare Book Monthly

Articles - December - 2011 Issue

A Follow Up – Probate Court Examining Expenses of Wealthy Heiress

Huguette (right) with sister  Andrée and father in Montana circa 1917.

Huguette (right) with sister Andrée and father in Montana circa 1917.

However, the court may be more focused on her attorney and accountant, recipients of relatively small bequests of $500,000 each, but who have charged much for their services over the years, and are scheduled to earn even more managing her estate and the new museum. MSNBC examined the court filing and reported on the expenditures. Some were clearly for her benefit, such as almost $5 million to the hospital over the past 15 years. It comes to around $1,000 a day, sadly typical for a hospital room, though Ms. Clark could have found comparable services for much less elsewhere. Still, she could afford it, so if that is what she wanted, why not? There were large payments to people who served her, such as $5,000 per month to her physician, just over $130,000 per year (along with a one-time $5 million bonus) to Ms. Peri, and $1.7 million over the period to her late friend and social secretary who died a few weeks before her.

Some of the largest expenses went for the maintenance of her two estates and New York apartment. The unused Santa Barbara estate cost $8.8 million to maintain over the past 15 years. Perhaps her one “vice” was that Ms. Clark collected dolls. In a sense, they may have been the family she no longer had. Or perhaps, like Peter Pan, she wished to forever remain in her childhood. That was likely the happiest time of her life. There were $2.5 million in payments to a Paris doll and toy shop, another $729,000 to a doll auction. Expenses indicate that she continued to purchase dolls well past her 100th birthday. All told, her attorney and accountant spent $126 million over the past 15 years on her behalf, about $60 million of that going for taxes. Another $43 million was transferred to her checking account, payments from which may garner the greatest attention. MSNBC noted that she spent about $1 million a month over the period, quite a bit for an elderly lady living alone in a hospital room.

What are likely to generate the most careful examination are payments to her attorney, Wallace Bock, and accountant, Irving Kamsler. They appear to have controlled most access to her. Bock's law firm made about $250,000 per year, while Kamsler earned around $90,000. Both stand to make millions if the court allows them to manage the estate. Kamsler generated a bit of extra scrutiny by being a convicted felon and registered sex offender. Clark's $1.85 million payment to an Israeli West Bank settlement for a security system also raised a few eyebrows. Ms. Clark was raised Catholic, but Mr. Bock's daughter and grandchildren live in the settlement. Mr. Bock said he asked Ms. Clark for the contribution. This is one of those gray areas, as it is certainly possible that the generous Ms. Clark would have agreed, maybe enthusiastically, maybe reluctantly, to such a request. Whether Mr. Bock should have used his access to make such a request is debatable.

There is much sadness in this story. Huguette Clark, who seems to have been a very nice lady, lived for so long, but seems to have received so little in benefits from the wealth her father left her. While her existence seems strange to us, we can only hope that she enjoyed life in her confined world as fully as those who live life in a world without such boundaries. As for whether those who took care of her also took advantage of her, we will probably never know for certain. However, the court will have to make its best guess.

For our earlier story on Huguette Clark, her father, and her life, please click here.  

For MSNBC's investigation of the court filing, click here. 

Addendum:  On Monday last, relatives of Ms. Clark filed a different will, apparently made just a few weeks prior to the one previously filed, which left most of her estate to family members on her father's side. If this was a legitimate will, it certainly will raise questions as to why she made such an enormous about-face in such a short period of time. Stay tuned.

Rare Book Monthly

  • Books & Autographs
    Wednesday 25 March
    Koller, Mar. 25: KAFKA, FRANZ, SCHRIFTSTELLER. Eigenh. Brief mit Unterschrift. Prag, 20. Oktober [19]15. CHF 30,000-40,000.
    Koller, Mar. 25: EINSTEIN, ALBERT. Zwei eigenhändige Briefe an Ernst Gabor Straus, unterschrieben "A.E" bzw. "A. Einstein". [Princeton], [19]45. und [1950]. CHF 30,000-40,000.
    Koller, Mar. 25: HORTENSE DE BEAUHARNAIS, MUTTER VON NAPOLEON III. Album aus ihrem Besitz mit 69 Aquarellen und Pinselzeichnungen in Sepia oder Grau… CHF 14,000-18,000.
    Koller, Mar. 25: ZOOLOGIE - ORNITHOLOGIE - Seligmann, Johann Michael. Verzameling van uitlandsche en zeldzaame Vogelen. Teile 1-8 (von 9) in 2 Bänden. Mit 421 prächtig altkolorierten Kupfertafeln. CHF 14,000-20,000
    Koller, Mar. 25: BOTANIK - Berlèse, Lorenzo und Johann Jakob Jung. Iconographie du genre camellia... 3 Bände. Mit 300 Farbstichtafeln "a la poupée.” Paris, [1839-]1841-1843. CHF 12,000-18,000.
  • Forum Auctions
    Natural History: The remaining stock of Antiquariaat Junk, 1899-2026
    25 March 2026
    Forum, Mar. 25: Botany.- Andrews (H.C.) Coloured Engravings of Heaths, 4 vol. in 2, first edition, [1710,--94]-1802-1809-[1830]. £10,000 - £15,000.
    Forum, Mar. 25: Butterflies.- Cramer (Pierre) and Caspar Stoll. De Uitlandsche Kapellen voorkomende in de drie Waereld-Deelen…,, 5 vol., Amsterdam & Utrecht, 1779-91. £8,000 - £12,000.
    Forum, Mar. 25: Voyages.- Darwin (Charles) and others. Narrative of the Surveying Voyages of His Majesty's Ships Adventure and Beagle, 3 vol. in 4, including Appendix to vol.2, first edition, 1839. £8,000 - £12,000.
    Forum, Mar. 25: Butterflies.- de Graaf (Willem Diederik Vincent). [Inlandsche Kapellen in beeld], 170 fine original watercolours, [Enkhuizen], [1800-40]. £8,000 - £12,000.
    Forum Auctions
    Natural History: The remaining stock of Antiquariaat Junk, 1899-2026
    25 March 2026
    Forum, Mar. 25: Birds.- Dresser (Henry Eeles). A History of the Birds of Europe, 9 vol., including supplement, first edition, by the author, 1871-96. £6,000 - £8,000.
    Forum, Mar. 25: Zoology.- Felines.- Elliot (Daniel Giraud). A Monograph of the Felidæ or Family of the Cats, first edition, for the Subscribers, by the Author, [1878]-1883. £25,000 - £30,000.
    Forum, Mar. 25: Birds.- Frisch (Johann Leonard). Vorstellung der Vögel Deutschlandes, 2 vol., first edition, Berlin, Friedr. Wilhelm Birnsteil, [1736]-1763. £40,000 - £60,000.
    Forum, Mar. 25: Birds.- Gould (John). The Birds of Great Britain, 5 vol., first edition, by the author, 1862-1873. £30,000 - £40,000.
    Forum Auctions
    Natural History: The remaining stock of Antiquariaat Junk, 1899-2026
    25 March 2026
    Forum, Mar. 25: Pomology.- France.- Poiteau (A.) Pomologie Française. Recueil des Plus Beaux Fruits cultivés en France, 4 vol., Paris, 1846. £30,000 - £40,000.
    Forum, Mar. 25: Botany.- [Robin (Jean)]. Histoire des Plantes, nouvellement trouvées en l'Isle Virgine…,, 1620; with Geoffrey Linocier L'Histoire des plantes, second edition, 1619-20. £3,000 - £4,000.
    Forum, Mar. 25: Asia.- Japan.- Siebold (P.F. von). Nippon. Archiv zur Beschreibung von Japan, 7 parts in 6 vol., first edition, Leyden, [1832]-1852. £35,000 - £45,000.
    Forum, Mar. 25: Asia.- Valentijn (Francois). Oud en Nieuw Oost-Indiën..., 5 vol. in 8, first edition, Dordrecht [&] Amsterdam, 1724-26. £8,000 - £12,000.
    Forum, Mar. 25: Botany.- Australia.- Redouté (P.J.).- Ventenat (Étienne Pierre). Jardin de la Malmaison, 2 vol.,, Paris, 1803-04[-05]. £30,000 - £40,000.

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