Buyer of $180 Million USD Picasso Masterpiece Revealed

Following an auction earlier this month, we saw Picasso’s Les Femmes d’Alger cubist masterpiece,

By
Arts
35,315 Hypes 0 Comments

Following an auction earlier this month, we saw Picasso’s Les Femmes d’Alger cubist masterpiece, also know as Version O to help differentiate it from 14 other pieces bearing the same name, sell for a record breaking $180 million USD. Auction house Christie’s is said to have taken roughly $19.35 million USD in commission, ranking this painting as one of the most expensive to ever be sold at auction. According to the art world sources of Page Six, the painting could be on its way to Qatar and is rumored to have been bought by billionaire and former Qatari Prime Minister Hamad bin Jassim bin Jaber Al Thani. During the May 11 auction, Version O was sold to an anonymous buyer represented by Christie’s international head of contemporary art, Brett Gorvy. Hamad bin Jassim bin Jaber Al Thani served as chief executive to Qatar’s Investment Authority, which to this day stands as one of the world’s richest sovereign wealth funds and owns establishments such as Harrods and has stakes in the London Stock Exchange. Stay tuned for more information on the movements of this impressive purchase.

Read Full Article

Join Our Discussions on Discord

The HYPEBEAST Discord Server is a community where conversations on cultural topics can be taken further.

101 Users Online

What to Read Next

Dior "Secret Garden IV" Film Extended Cut Starring Rihanna
Fashion

Dior "Secret Garden IV" Film Extended Cut Starring Rihanna

With the release of the “Secret Garden IV” minute-long clip last week, here we thought Dior and

Mobb Deep - Hide Away
Music 

Mobb Deep - Hide Away

In anticipation of Mobb Deep’s upcoming five-track EP Survival Of The Fittest, P and Havoc went

A Cut Above 2015 Summer "Young and Restless" Lookbook
Fashion

A Cut Above 2015 Summer "Young and Restless" Lookbook

Belgian brand A Cut Above draws upon ’90s hip-hop and skateboard magazines as inspiration for its


Skepta Joined Slaves Onstage at Radio 1's Big Weekend
Music 

Skepta Joined Slaves Onstage at Radio 1's Big Weekend

Following up from their impressive Live Lounge performance of Skepta’s “Shutdown”, Slaves were

Karmaloop Has Been Sold, but Not to Kanye West and Dame Dash
Music 

Karmaloop Has Been Sold, but Not to Kanye West and Dame Dash

Well, the day as come. The once go-to online retailer for all things streetwear has been sold, but

Aston Martin DBS V12 "Glow" by Nevana Designs
Automotive

Aston Martin DBS V12 "Glow" by Nevana Designs

Long storied since its infamous appearance alongside one James Bond, the infamous Aston Martin DBS

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. In adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.