Bloomberg is reporting identity of one of last night’s buyers at the Jan Krugier sale:
China’s richest man, Wang Jianlin, bought Picasso’s painting of his young children, Claude and Paloma, for $28.2 million at Christie’s in New York yesterday, the auction house said.
More from Art Market Monitor
Gagosian’s Next Picasso Show Focuses on Vallauris
Young Chinese Collectors Start at the Top
With Latest Purchase, British Museum Has “Most Important Public Collection” of Picasso Prints
Mainland Buyer’s Enjoy Fruits of their Wealth at Sotheby’s
Wang Jianlin Bought a Picasso to Hang Alongside Shi Qi
Irrevocable Bids Return
