Andy Valmorbida

Valmorbida's stepfather was Phillip Ean Cohen founder and CEO of Morgan Schiff & Co. who gave Andrew his first position in the financial business before it ceased trading.

Valmorbida moved from Wall Street into the art world at the age of 25.[1]

After meeting artist Richard Hambleton in 2009, Valmorbida teamed up with Vladimir Restoin-Roitfeld in 2011 at Phillips de Pury & Company to promote Richard Hambleton's art. Giorgio Armani, an avid collector of Hambleton's work put his name to the heavily promoted traveling celebrity attended show, which allegedly saw Hambleton's work renamed[2] and prices vastly inflated.

Valmorbida was executive producer and featured heavily as Hambleton's promoter in the 2017 Shadowman documentary.

In 2015, after ten years in the traditional art world, Valmorbida began purchasing artist's copyright, joining the long established artwork licensing sector. From 2006 – 2013, he had collaborated with Giorgio Armani, Bombardier Aerospace, Jimmy Lovine and P. Diddy, Tens of thousands have attended Valmorbida's artist shows across the world.

As well as discovering and fostering contemporary talent, Valmorbida has used his wealth to build an art dealership, with over 500 paintings. He is a backer of the Honk Kong registered, London based Woodbury House virtual gallery, which claim to be "key distributors" of a Richard Hambleton Foundation.

Although Valmorbida was born and studied business in Australia, he started work at his family's New York investment firm and is now part of the NY art dealing and licensing world, after acquiring the copyright to Richard Hambleton's works following his death.

In a 2021 an illegal graffiti marketing campaign, supported by Valmorbida's long term PR company Nadine Johnson, dozens of fake Shadowman paintings were painted on high visibility spots around London and New York by an artist who runs a "Richard Hambleton Foundation" Instagram page. Many of the pieces included a QR code which linked to a Hambleton Foundation and "official" promotional website, whose contact email is listed as Valmorbida's Untitled-1 venture.

Richard Hambleton specifically selected Art Education and the New Museum as the place where any funds or work should be donated before he died.

In May 2021, Valmorbida admitted in offshore tax haven Jersey's Royal Court that he had lied under oath, created and used false documents and lied about owning various works of art. Valmorbida fraudulently took out $13 million of dollars in two loans, one from Sotheby's, using false statements and transferred millions of dollars into his personal offshore account.

Valmorbida was born into one of the wealthiest families[3] in Melbourne, Australia and raised in New York City. His father was Paul Valmorbida

Andrew Valmorbida completed a Bachelor in Business and Finance from the Melbourne's Monash University.

In 2010 Valmorbida curated and donated two Richard Hambleton pieces to the amfAR 17th Annual Cinema Against AIDS Gala During the Cannes Film Festival. The pieces sold for $960,000.[4]

• Official website