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Duke of Westminster sells back Paris flea market

PARIS, FRANCE - APRIL 25: Customer Paul-Henri Goumet in Saint-Ouen flea market, on April 25, 2014, outside Paris, France. Gerald Cavendish Grosvenor, the sixth Duke of Westminster and Britain's eighth richest man, has just bailed out of a nine-year battle against French dealers from two of the most prestigious antiques sections of the 130-year-old Paris flea market, or 'Marché aux puces de Saint Ouen' – the world's largest, with five million visitors a year. In 2005, the Duke paid €50 million (£41 million) for its high-end Serpette and Paul-Bert sections; last week he sold the lot at a reported €20 million loss to French landowner Jean-Cyrille Boutmy. (Photo by Lucas Schifres/Getty Images)

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Filename: Flea market 13.jpg
Image Size: 2832x4256 / 6.4MB; Europe France French Ile de France Île de France Ile-de-France Île-de-France Paris Paul Bert Serpette Marché Serpette Marché Paul Bert City Urban Vendor Antique Antique dealer Antique dealership Antique store Antiques Antiques store Boutique Economy Cheap Flea market Market Market Scene Market Scenes Markets Old Retail Retailing Sale Sales Salesman Second hand Second hand store Second hand market Sell Selling Shop Shopping Store Stores Used Vintage
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PARIS, FRANCE - APRIL 25: Customer Paul-Henri Goumet in Saint-Ouen flea market, on April 25, 2014, outside Paris, France. Gerald Cavendish Grosvenor, the sixth Duke of Westminster and Britain's eighth richest man, has just bailed out of a nine-year battle against French dealers from two of the most prestigious antiques sections of the 130-year-old Paris flea market, or 'Marché aux puces de Saint Ouen' – the world's largest, with five million visitors a year. In 2005, the Duke paid €50 million (£41 million) for its high-end Serpette and Paul-Bert sections; last week he sold the lot at a reported €20 million loss to French landowner Jean-Cyrille Boutmy. (Photo by Lucas Schifres/Getty Images)