Ashley Olsen and Richard Sachs seal romance with a kiss

Ashley Olsen confirmed her relationship with financier Richard Sachs by sharing a kiss with him on a recent date.

The 30-year-old actress-turned-designer was spotted out with the avid art collector at a Flywheel Flatiron exercise class in New York last month (Oct16) and on Wednesday (09Nov16) the pair enjoyed a double date with Ashley's twin sister Mary-Kate Olsen and her husband Olivier Sarkozy.

The former actress, Sachs, and the Sarkozys were at Madison Square Garden for a New York Knicks basketball game, and the new couple shared a kiss. The group then subsequently headed to Sting's iHeartRadio album release party at Irving Plaza.

"Mary-Kate was dancing with her husband, and Ashley's boyfriend had his arm around her and was nuzzling her," a source tells Us Weekly magazine. "Richard had his arms all over Ashley, kissing and (stroking) her hair. She was laughing and giggling. He's also close with Mary-Kate's husband and was chatting with him."

Ashley has previously been linked with other men of means - she reportedly dated painter George Condo, 58, and Pressed Juicery founder Hayden Slater, 33, while her last serious relationship was with Oliver Peoples CEO David Schulte, 47.

Her twin sister Mary Kate Olsen married 47-year-old Sarkozy, the brother of former French leader Nicolas Sarkozy, in November, 2015.

Sachs is reportedly divorced, and divides his time between New York, St. Barts and Malibu, California.