Leonardo DiCaprio Surrenders Marlon Brando’s 1954 Oscar to Authorities
Leonardo DiCaprio has willingly surrendered all gifts he received from Jho Low, including Marlon Brando’s 1954 Oscar for his performance in ‘On the Waterfront’ and the Pablo Picasso painting ‘Nature Morte au Crâne de Taureau.’
Jho Low, a Malaysian financier, and former Malaysian Prime Minister Najib Razak are at the center of a federal fraud case in which they are accused of raiding their country’s 1Malaysia Development Berhad (1MDB), a fund meant to benefit projects that would serve the Malaysian public.
All told, billions of dollars were illegally siphoned off the portfolio. Low allegedly used the proceeds to fund a lavish lifestyle that included a $250 million yacht, a vast art collection including works from Picasso and Van Gogh, and a private jet.
Low became involved with DiCaprio after he allegedly used 1MDB funds to help finance ‘The Wolf of Wall Street’ through a production label called Red Granite Pictures. Marlon Brando’s 1954 Oscar is said to have been purchased by Low for $600,000 from a film memorabilia dealer and subsequently gifted to DiCaprio.