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Mystery art hoarder known to have $1 billion "collection" has gone missing

The mysterious painting hoarder who was revealed to have stashed more than 1,400 works in his apartment – estimated to be worth around $1 billion -- has disappeared after authorities made the discovery.

Investigators searched Cornelius Gurlitt’s apartment in an upscale Munich district in February 2012, as part of a tax investigation that started with a routine check on a Zurich-Munich train in late 2010.

They found 121 framed and 1,285 unframed works — including by 20th-century masters such as Pablo Picasso, Max Liebermann and Ernst Ludwig Kirchner and earlier works by artists including Henri de Toulouse-Lautrec, Gustave Courbet, Auguste Renoir and Canaletto. The oldest work dates back to the 16th century. Some of the works are believed to have been missing since they were seized by the Nazis and one was a previously unknown piece by Marc Chagall, authorities said Tuesday, according to The Associated Press.
According to German authorities Gurlitt was unknown to German health insurance, the tax authority or social services, and had never opened a bank account in his life. How does a guy stay off the state's radar that long?
 
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