Thief steals more than $10 million dollars worth of fine art, wine from Santa Monica home

SANTA MONICA BURGLARY

Courtesy of Santa Monica Police Department

An assortment of fine art paintings, some pictured here, were among the loot stolen from a Santa Monica home last week.

SANTA MONICA BURGLARY

Courtesy of Santa Monica Police Department

Some of the paintings a thief stole from a Santa Monica home include works by Franz Kline, Guy Rose and others.


Santa Monica Police and the FBI are looking for a thief who stole more than $10 million dollars worth of items from a home last week.

The break-in at the Santa Monica home happened while the owner was away on a trip.

Published reports identify the owner as multimillionaire financier Jeffrey Gundlach, CEO of DoubleLine Capital.

Santa Monica Police Sgt. Richard Lewis said the theft is probably one of the biggest burglaries he’s ever seen.

“Upon going through the house with the victim, he identified approximately 16 pieces of fine art that had been taken from his residence, along with some expensive jewelry, 40 bottles of wine – which came to about $100,000 – and his Porsche," he said.

Lewis said whenever fine art is involved, the FBI and Department of Justice help investigate because the artwork could turn up anywhere around the world.

Gundlach has offered a $200,000 reward for information leading to the recovery of his stolen items.

Anyone with information on the theft can contact Santa Monica Police at (310) 458-8495.

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