World News

Da Vinci sold for US$450m headed for Louvre Abu Dhabi museum

Da Vinci sold for US$450m headed for Louvre Abu Dhabi museum

Hyperallergic has reached out to the museum for details, but has not yet received any response.

The painting of Christ by the Renaissance master was sold last month for $450 million to an unidentified buyer, smashing all previous records for artworks sold at auction. It's not entirely surprising, though, especially given last week's news that the Louvre in Paris is now in negotiations to secure a loan of "Salvator Mundi" for a major Leonardo exhibition slated for October 2019.

But as The New York Times pressed for a response on Wednesday, the newly opened branch of the Louvre in Abu Dhabi tweeted that the painting "is coming to Louvre Abu Dhabi".

The newspaper confirmed that the Prince Bader purchased the rare painting after citing documents it had reviewed while in the midst of an investigation into Saudi Arabia's elite class, including his family and associates.

Believed to be the last Da Vinci in private hands, Salvator Mundi commanded four times what Christie's had projected even as sceptics questioned its authenticity. Buyers from the Middle East and Asia have been snapping up masterpieces to fill regional museums - and pushing prices ever higher.

Читайте также: Kilroy Realty Corporation (KRC) Shares Sold by AMP Capital Investors Ltd

The sale more than doubled the previous record of $179.4 million paid for Pablo Picasso's "The Women of Algiers (Version O)" in 2015, also in NY.

Bader made the record-breaking offer for "Salvator Mundi" after 19 minutes of dueling with four other bidders at Christie's auction house in Manhattan on November 15.

The museum opened with about 600 pieces including items from early Mesopotamia. Under a 30-year agreement, France provides expertise, lends works of art and organizes exhibitions in return for one billion euros ($1.16 billion). Da Vinci's La Belle Ferronnière is on loan there from the Louvre in Paris.

In 1958, it was sold at auction in London for $60, BBC reported. The seller was Russian billionaire Dmitry Rybolovlev, who bought it for US$127.5 million in 2013.

При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2017 Copyright.
Автоматизированное извлечение информации сайта запрещено.

Код для вставки в блог


  • What's Ahead for Dave & Buster's Entertainment, Inc. (PLAY) After Today's Big Increase?

    What's Ahead for Dave & Buster's Entertainment, Inc. (PLAY) After Today's Big Increase?

    In general, more thrust is placed on most recent actions by assigning higher weights to it than those assigned to past movements. Currently, 41.46 million total shares are owned by the public and among those 40.74 million shares have been available to trade.
    Celebrity Big Brother eye revealed

    Celebrity Big Brother eye revealed

    Although it's the first time there has been an all-female version of CBB, there was initially a women's-only house back in 2007. The 18th series of Big Brother saw an average of 1.24 million viewers tune in, while CBB was slightly up on 1.8 million.
    Jeffrey Tambor Hasn't Exited 'Transparent' Despite Earlier Statement

    Jeffrey Tambor Hasn't Exited 'Transparent' Despite Earlier Statement

    Publicist Allan Mayer offered a more extensive explanation in the wake of more accusations from makeu partist Tamara Delbridge. Tambor is facing an investigation from Amazon over multiple allegations from actresses who say he sexually harassed them.
  • Stock'S Earning Overview Lam Research Corporation (LRCX)

    It is negative, as 43 investors sold LRCX shares while 255 reduced holdings. 110 funds opened positions while 182 raised stakes. American International Group Inc. lowered its holdings in Lam Research Co . (NYSE:VRX) to report earnings on February, 27.
    Chance the Rapper Gives Chicago High Schoolers Free Jordans

    Chance the Rapper Gives Chicago High Schoolers Free Jordans

    The company announced their donation on Wednesday, after Chance surprised fifth graders at Adam Clayton Powell Jr. Academy during a coding lesson with Google employees as a part of Computer Science Education Week.

    Commerzbank Aktiengesellschaft FI Boosts Holdings in Simon Property Group Inc (SPG)

    It has underperformed by 35.26% the S&P500.The move comes after 6 months positive chart setup for the $58.24 billion company. Its up 0.34, from 0.87 in 2017Q1. 628.79 million shares or 0.40% less from 631.34 million shares in 2017Q1 were reported.
  • Derek McInnes to hold talks with chairman after missing Aberdeen training

    Derek McInnes to hold talks with chairman after missing Aberdeen training

    It is understood that McInnes will meet with Dons chairman Stewart Milne later on Wednesday to discuss his future. Ferguson and McInnes could both help Rangers back to the top of Scottish football if they are indeed appointed .

    Herndon Capital Management LLC Maintains Position in Valero Energy Corp (VLO)

    The oil and gas company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.08. Investors will get a clear idea on how much they can earn per share on each of the outstanding shares of common stock.

    Cardinal Health, Inc. (CAH) Holdings Increased by Thompson Siegel & Walmsley LLC

    It is flat, as 49 investors sold ORCL shares while 572 reduced holdings. only 140 funds opened positions while 449 raised stakes. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.00 by $0.09.
  • Cyclone Ockhi to recurve towards Gujarat coast: Top developments

    Cyclone Ockhi to recurve towards Gujarat coast: Top developments

    The Union Minister later visited nearby Poonthura, a coastal hamlet where fishermen are protesting alleging delay in rescue. We have received a memorandum from the state government requesting to declare Cyclone Ockhi as a national calamity.
    Mayor accused of using dead people's IDs

    Mayor accused of using dead people's IDs

    WPBF reported that she had been booked and released on a $2,250 bond. Davenport is a small city located in central Florida. Bradley could not be reached for comment.
    Francis Ngannou's Coach Wants Fight With Anthony Joshua In 2018

    Francis Ngannou's Coach Wants Fight With Anthony Joshua In 2018

    Miocic has not fought since that May encounter, unable to come to an agreement on a contract renegotiation with the UFC. Miocic also enters the fight on a five fight winning streak and he hasn't suffered a defeat in over three years.