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DURHAM D

(32,952 posts)
Sat Jan 27, 2018, 02:50 PM Jan 2018

Remember when Steve Wynn put his elbow through a Picasso? [View all]

Tycoon rips £75m Picasso

https://www.theguardian.com/world/2006/oct/19/arts.artsnews

The 64-year-old has amassed a personal collection that includes works by Vermeer, Matisse, Van Gogh, Warhol and Turner. It also includes Le Rêve, one of two Picassos that Mr Wynn owns, a striking oil of the painter's mistress Marie-Thérèse Walter. Wynn paid $48.4m for the painting in 1997.

Late last month Mr Wynn invited guests to see the painting, which hangs in his Las Vegas office, before it was sent to the buyer, a hedge-fund mogul, Steven Cohen.

Mr Wynn began to explain the painting's provenance to his guests, gesturing enthusiastically about the finer points of the picture's erotic subtext. "So then I made a gesture with my right hand," Mr Wynn told the New Yorker magazine, "and my right elbow hit the picture. It punctured the picture."


ETA: Steve Cohen bought it for $155M

https://www.reuters.com/article/us-wynn-art-cohen/hedge-fund-manager-cohen-buys-wynns-picasso-for-155-million-report-idUSBRE92P0O220130326?feedType=RSS
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