A portrait by Amedeo Modigliani sold for less than expected and several artworks went unsold as China’s best-known art investor liquidated part of his collection.
Mr. Epstein helped the billionaire Leon Black defer capital gains taxes from the swap. A Senate committee is scrutinizing some of Mr. Black’s art deals as it looks into tax avoidance schemes.
Liu Yiqian made global headlines in 2014 and 2015 by paying top prices for paintings and antiquities but is starting to liquidate some of his artworks.