ROMANCE

Ashley Olsen and 58-Year-Old Financier and Art Dealer Richard Sachs Have Broken Up

The couple dated for five months.


James Devaney

Child star turned fashion designer Ashley Olsen, who turned 30 in June, has reportedly broken up with her 58-year-old boyfriend of five months, financier and art dealer Richard Sachs.

The pair’s romance first garnered public attention when they were spotted riding bikes together in the Hamptons in October and soon after were photographed on a double date with Ashley’s sister Mary-Kate and her husband, Olivier Sarkozy, at a Knicks game at Madison Square Garden. While the couple may have been decades apart in age, Ashley has dated older men in the past. She has been romantically linked to visual artist George Condo, 59, as well as the CEO of Oliver Peoples, David Schulte, 47, among others.

According to a source who spoke to Us Weekly, the pair split so Ashley Olsen can spend more time focusing on her clothing line. Together with Mary-Kate she runs the cult-loved designer label The Row as well as the successful contemporary line Elizabeth and James. The source added that the pair will remain friends, which appears to be more than just a nicety, as they were photographed smoking together on a stoop in New York City just last week.

Mary-Kate, meanwhile, recently opened up to Net-a-Porter’s The Edit about enjoying a quiet, domestic life with 47-year-old Sarzoky, whom she wed in November 2015. “I have a husband, two-step kids, and a life; I have to go home and cook dinner. I ride horses on the weekend,” she said of married life. Shortly after the interview was published, Us Weekly reported that, according to a source, the couple may be interested in adding another child to the mix.

33 Years of Coordination Starring Mary-Kate and Ashley Olsen

Mary-Kate and Ashley Olsen in West Hollywood, California, September 1994. Photo courtesy of Getty Images.

Mary-Kate and Ashley Olsen in New York, New York, January 1993. Photo courtesy of Getty Images.

Mary-Kate and Ashley Olsen in West Hollywood, California, July 2001. Photo courtesy of Getty Images.

Mary-Kate and Ashley Olsen at the Vanity Fair Oscar Party in Los Angeles, California, March 2002. Photo courtesy of Getty Images.

Mary-Kate and Ashley Olsen at the premiere of Charlie’s Angels: Full Throttle in Hollywood, California, June 2003. Photo courtesy of Getty Images.

Mary-Kate and Ashley Olsen in Los Angeles, California, May 2004. Photo courtesy of Getty Images.

Mary-Kate and Ashley Olsen at the 12th annual amfAR Gala in Cannes, France, May 2005. Photo courtesy of Getty Images.

Mary-Kate and Ashley Olsen at the CFDA/Vogue Fashion Fund Awards in New York, New York, November 2006. Photo courtesy of Getty Images.

Mary-Kate and Ashley Olsen front-row at Jenni Kayne during New York Fashion Week Fall 2007. Photo courtesy of Getty Images.

Mary-Kate and Ashley Olsen at the CFDA Fashion Awards in New York, New York, June 2007. Photo by Getty Images. Photo courtesy of Getty Images.

Mary-Kate and Ashley Olsen, both in Diane Von Furstenberg, at the Metropolitan Museum of Art Costume Institute Gala for “Superheros: Fashion and Fantasy” in New York, New York, May 2008. Photo courtesy of Getty Images.

Mary-Kate, in Lanvin, and Ashley Olsen, in Christian Lacroix, at the Elle Style Awards in London, England, February 2010. Photo courtesy of Getty Images.

Mary-Kate and Ashley Olsen at the Metropolitan Opera premiere in New York, New York, March 2011. Photo courtesy of Getty Images.

Mary-Kate and Ashley Olsen at the Metropolitan Museum of Art Costume Institute Gala for “Charles James: Beyond Fashion” in New York, New York, May 2014. Photo by Getty Images. Photo courtesy of Getty Images.

Mary-Kate and Ashley Olsen in The Row at the “Manus x Machina: Fashion in an Age of Technology” Costume Institute Exhibition Gala in New York, New York, May 2016. Photo courtesy of Getty Images.

Mary-Kate and Ashley Olsen with Elizabeth Olsen, all in The Row, at the CFDA Fashion Awards in New York, New York, June 2016. Photo courtesy of Getty Images.

Mary-Kate Olsen and Ashley Olsen arrive at “Rei Kawakubo/Comme des Garcons: Art Of The In-Between” Costume Institute Gala at The Metropolitan Museum on May 1, 2017 in New York City. Photo courtesy of Getty Images.

Sean Zanni

Ashley Olsen and Mary-Kate Olsen attend the Studio in a School 40th Anniversary Gala at Seagram Building Plaza on May 3, 2017 in New York City. Photo courtesy of Getty Images.

Patrick McMullan

Mary-Kate Olsen and Ashley Olsen attend the Heavenly Bodies: Fashion & The Catholic Imagination Costume Institute Gala at The Metropolitan Museum of Art on May 7, 2018 in New York City. Photo courtesy of Getty Images.

Jamie McCarthy

Ashley Olsen and Mary-Kate attend WSJ Magazine 2018 Innovator Awards Sponsored By Harry Winston, FlexJet & Barneys New York at MOMA on November 7, 2018 in New York City. Photo courtesy of Getty Images.

Bennett Raglin

Mary-Kate Olsen and Ashley Olsen attend The 2019 Met Gala Celebrating Camp: Notes on Fashion at Metropolitan Museum of Art on May 06, 2019 in New York City. Photo courtesy of Getty Images.

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