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Jewelry with Nazi ties fetches record prices at Christie’s auction amid controversy
(JTA) — A blockbuster jewelry auction at Christie’s is drawing criticism because of the gems’ ties to a Nazi.
The pieces sold Monday belonged to the late Heidi Horten, an Austrian art collector whose husband, Helmut Horten, was a Nazi Party member. The items fetched a total of $202 million, making the auction the largest jewelry sale in history.
Some Jewish groups had urged Christie’s to halt the sale, citing Helmut Horten’s record during the Nazi era, when he amassed a fortune after buying businesses whose Jewish owners sold them under duress, often at steeply discounted prices. Horten used that wealth to propel his company, which ultimately was responsible for introducing American-style supermarkets in Germany.
Heidi Horten was born in 1941 and was more than 30 years younger than her husband. When he died in 1987, she inherited nearly $1 billion, according to The New York Times. Heidi Horten died last year at age 81.
Associations representing Jews and Holocaust survivors criticized the auction because of the origin of the wealth that paid for the jewelry. David Schaecter, president of Holocaust Survivors’ Foundation USA, said the auction continues “a disgraceful pattern of whitewashing Holocaust profiteers,” according to the Times.
“Christie’s must suspend this sale until full research [into the] link to Nazi era acquisitions [is] completed,” Rabbi Abraham Cooper, the associate dean of the Simon Wiesenthal Center, said in a statement earlier this month urging Christie’s to halt the auction. “Don’t reward those whose families may have gained riches from desperate Jews targeted and threatened by the Nazis.”
Christie’s also drew fire for not initially including any mention of the Jewish businesses in its marketing materials for the auction. Its website now includes a brief note stating that the provenance of Horten’s wealth is “a matter of public record. The business practices of Mr. Horten during the Nazi era, when he purchased Jewish businesses sold under duress, are well documented.”
The auction house has committed to donating a portion of its commission to organizations that contribute to Holocaust research and education. It did not specify which organizations would receive the funds, saying only in a statement that it would be up to those organizations to “communicate about these donations.”
Proceeds from the sale of the jewels will be donated to the Heidi Horten Foundation, which supports children’s welfare and medical research, in addition to funding the Heidi Horten Collection, an art museum in Vienna. The museum boasts works by Pablo Picasso and Pierre-Auguste Renoir, as well as Jewish artists such as Marc Chagall, who escaped the Nazis, and Roy Lichtenstein.
The museum’s website includes a brief mention of Helmut Horten’s wealth accumulation under the Nazis, stating that Heidi Horten hired a historian to research and write “a scientific report on Helmut Horten’s build-up of assets and business in the context of ‘Aryanization’ during the ‘Third Reich.’”
That report, which was published last year, concluded that while Horten benefited from his purchase of Jewish-owned businesses, he was not an enthusiastic Nazi and was expelled from the party, and briefly imprisoned, near the end of World War II.
“There is not a saint and not a devil, but there is Horten who … benefited from the circumstances of the tyranny of the Nazis,” the historian, Peter Hoeres, told the Associated Press. “You can’t say Horten was part of the resistance against the dictatorship.”
The Heidi Horten Foundation appears to be separate from a foundation bearing the name of her husband. On the website of the Helmut Horten Foundation, a page with a biography of Horten does not mention Jews, the Holocaust or the Nazi Party by name, though it does have a short section referencing Hoeres’ report. It says Horten was a “liberal,” and that the foundation “considers it extremely important to review and understand its founder’s history in the best possible way.”
“This auction is doubly indecent,” Yonathan Arfi, chairman of CRIF, the umbrella organization for French Jewry, said in a statement. “The funds that made it possible to acquire these jewels are partly the result of the Aryanization of Jewish property carried out by Nazi Germany, but in addition, this sale will contribute to a foundation whose mission it is to ensure the name of a former Nazi for posterity.”
More than 400 pieces of Heidi Horten’s jewelry were sold in the auction, both online and in person in Geneva, Switzerland, including jewels from brands Bulgari, Van Cleef and Arpels, Cartier, and Harry Winston, with many diamond, pearl, and colored gemstone pieces individually estimated to be worth millions of dollars. The last 300 lots from Horten’s collection are scheduled to be sold in November.
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Netanyahu: ‘Our Forces Are Striking the Heart of Tehran With Increasing Strength’
Israeli Prime Minister Benjamin Netanyahu participates in the state memorial ceremony for the fallen of the Iron Swords War on Mount Herzl, in Jerusalem, Oct. 16, 2025. Photo: Alex Kolomoisky/Pool via REUTERS
i24 News – Israeli Prime Minister Benjamin Netanyahu stated that Israeli forces had “eliminated the dictator Ali Khamenei” along with dozens of senior officials of Iran’s regime during a statement delivered from the roof of the Kirya, Israel’s defense headquarters.
“Yesterday, we eliminated the dictator Khamenei. Along with him, dozens of senior officials from the oppressive regime were eliminated,” Netanyahu said after a meeting with the Minister of Defense, the Chief of Staff, and the Director of Mossad. He added that he had issued instructions to continue the offensive.
According to Netanyahu, Israeli forces are “now striking at the heart of Tehran with increasing intensity,” a campaign he said will “increase further in the days to come.”
The Prime Minister also acknowledged the toll of the conflict on Israel, calling recent days “painful” and offering condolences to the families of victims in Tel Aviv and Beit Shemesh, while wishing a speedy recovery to those injured.
Netanyahu emphasized that the operation mobilizes “the full power of the Israel Defense Forces, like never before,” in order to “guarantee our existence and our future.” He also highlighted US support, noting “the assistance of my friend, the President of the United States, Donald Trump, and of the American military.”
“This combination of forces allows us to do what I have hoped to accomplish for 40 years: strike the terrorist regime right in the face,” Netanyahu concluded. “I promised it — and we will keep our word.”
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Trump Says Iran Military Operations Are ‘Ahead of Schedule,’ CNBC Reports
U.S. President Donald Trump speaks with White House Chief of Staff Susie Wiles and Secretary of State Marco Rubio during military operations in Iran, at Trump’s Mar-a-Lago resort in Palm Beach, Florida, U.S. February 28, 2026. The White House/Social Media/Handout via REUTERS
US President Donald Trump told CNBC on Sunday that US military operations against Iran are “ahead of schedule.”
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Iranian Missile Strike on Beit Shemesh in Israel Kills 9
Emergency personnel work at the site of an Iranian strike, after Iran launched missile barrages following attacks by the US and Israel on Saturday, in Beit Shemesh, Israel, March 1, 2026. Photo: REUTERS/Ammar Awad
An Iranian missile strike hit the Israeli city of Beit Shemesh on Sunday, killing nine people and wounding dozens, in what authorities described as a direct impact on a public bomb shelter.
A ballistic missile leveled the bomb shelter, leaving a large crater in its wake. Most, if not all, of those killed had been taking cover inside the shelter when it hit, Jerusalem Police Deputy Commissioner Avshalom Peled said at the impact scene.
Those in critical condition were airlifted to Shaare Zedek Medical Center, a spokesperson for the Israel Defense Forces (IDF) said.
At least 20 people were still missing late on Sunday afternoon local time.
As you read this, an Iranian missile has just struck a residential neighborhood in Beit Shemesh, Israel, only 30 kilometers/about 18 miles from Jerusalem.
Nine people are dead.
More than 20 are wounded, including children. A
public shelter collapsed from the direct hit. An… pic.twitter.com/mEVDlPEqgf
— Ella Kenan (@EllaTravelsLove) March 1, 2026
Several buildings surrounding the shelter in Beit Shemesh, which is west of Jerusalem, were also damaged in the attack, with two collapsing entirely. A synagogue was also destroyed.
Emergency crews from Magen David Adom, ZAKA, and United Hatzalah joined fire and rescue units at the site, combing damaged buildings and debris for possible survivors. Many people were trapped under rubble or inside apartments, first responders said.
The Iranian Regime directly fired missiles toward the civilian neighborhood of Beit Shemesh, killing innocent civilians.
The Iranian regime purposely targets civilian targets while we precisely target terror targets. This is who we’re operating against—a regime who uses… pic.twitter.com/9W8Fp4T2tH
— Israel Defense Forces (@IDF) March 1, 2026
Chaim Wingarten, deputy director of operations at rescue organization ZAKA, described the scenes as “very difficult.”
“When I arrived, it was a huge chaos, with wounded people everywhere,” he said.
The strike was part of a larger volley that triggered air-raid sirens across the country. A man in his fifties was wounded by shrapnel elsewhere in central Israel.
IDF foreign media spokesman Lt. Col. Nadav Shoshani charged Iran with deliberately firing at civilians. “We know this is their strategy,” he said, adding that Israel would do “everything in our power to remove these capabilities from this bloodthirsty terrorist regime.”
The Beit Shemesh hit marked the highest single-incident death toll inside Israel since the confrontation with Iran began a day earlier. The previous peak came during the 12-day war in June 2025, when a missile slammed into an apartment block in Bat Yam and killed nine people.
The Beit Shemesh strike came a day after US and Israeli forces struck a compound in Tehran killing senior Iranian officials, including Supreme Leader Ayatollah Ali Khamenei, whose death was later announced on Iranian state television.
In an interview with Fox News on Sunday, Trump said 48 Iranian leaders were killed in the strikes. “Nobody can believe the success we’re having; 48 leaders are gone in one shot. And it’s moving along rapidly,” he said.
Separately, the American president told CNBC that the US operation was “ahead of schedule.”
Thousands of Iranians braved the strikes and took to the streets to celebrate Khamenei’s death on Saturday evening. Many people stood on balconies and at windows chanting “freedom, freedom,” The New York Times reported. People in the Iranian city of Shiraz were “abandoning their cars for an impromptu dance party, whistling, cheering, clapping, and screaming with joy. In many videos, celebrants joined together in a cheer that is typically reserved for weddings, symbolizing pure joy,” the report said.
GeoConfirmed Iran.
People chanting – Celebrations through the Foolad Shahr area in Isfahan with joy and jubilation over the killing of Khamenei.
Rough location – 32.48169, 51.39167
F9JR+MMF Fuladshahr, Isfahan Province, IranGeoLocated by @Mitch_Ulrich
Geolocation:… https://t.co/iv9TlSPPfS
— GeoConfirmed (@GeoConfirmed) February 28, 2026
Can you hear the joy in his voice?
“I am dreaming, hello world!” pic.twitter.com/ICq77zBerv— William Mehrvarz (@WilliamMehrvarz) March 1, 2026
Iran retaliated by firing repeated waves of missiles and drones, with launches aimed not only at Israel but also at US bases in the Middle East, including Qatar, Kuwait, the United Arab Emirates, and Bahrain. Iran on Sunday morning also launched two missiles at Cyprus, where thousands of British military personnel are stationed, which fell short.
Later in the afternoon, the US acknowledged its first losses with US Central Command, saying three American service members were killed and five were seriously wounded during the operations in Iran.