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A big winner from a 1990s bank sale offloads art collection

Elizabeth Fortescue

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When financial planning group Sealcorp Holdings was sold to St George Bank in 1997, co-founder and managing director Graeme Morgan walked away with a reported $100 million, or near enough to it.

At least some of that money was ploughed into the art market. Morgan committed himself to collecting with the same zeal he had dedicated to business.

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    Original URL: https://www.afr.com/life-and-luxury/arts-and-culture/a-big-winner-from-a-1990s-bank-sale-offloads-art-collection-20240821-p5k45d