After 19 minutes of dueling, with four bidders on the telephone and one in the room, Leonardo da Vinci’s “Salvator Mundi” sold on Wednesday night for $450.3 million with fees, shattering the high for any work of art sold at auction. It far surpassed Picasso’s “Women of Algiers,” which fetched $179.4 million at Christie’s in May 2015. The buyer was not immediately disclosed.
There were gasps throughout the sale, as the bids climbed by tens of millions up to $225 million, by fives up to $260 million, and then by twos. As the bidding slowed, and a buyer pondered the next multi-million-dollar increment, Jussi Pylkkanen, the auctioneer, said, “It’s an historic moment; we’ll wait.”
What you just watched was someone making 450 MILLION DOLLARS. 450 million just like that. I'm not an art guy but damn. How does this even happen? Who is the person purchasing the art? A museum? Richie Rich?
Whoever it all power to ya. And as for the seller Dmitry Rybolovlev. I wish I could say congrats on the new found riches but after very little research and just looking at the first link on wikipedia I see this guy is already a billionaire. This probably was an average business day for him.