$450 million Leonardo painting coming to new Louvre Abu Dhabi

$450 million Leonardo painting coming to new Louvre Abu Dhabi

Some of the mystery surrounding the most expensive painting ever sold at auction was solved Wednesday when it emerged that Leonardo da Vinci's Salvator Mundi is to be displayed at Louvre Abu Dhabi. "Da Vinci's Salvator Mundi is coming to #LouvreAbuDhabi". Christie's declined to comment on the report. He sued the vendor who brokered the deal for overcharging him, and now he has just sold it for $450.3 million.

The work was exhibited in Hong Kong, San Francisco, London and NY before the sale by Christie's auction house. Buyers from the Middle East and Asia have been snapping up masterpieces to fill regional museums in China and the Middle East.

The Louvre Abu Dhabi - a franchise of the Paris original - is a symbol of the oil-rich sheikhdom's drive to boost its "soft power" credentials.

The organization behind the museum became one of the most aggressive buyers on the global art market over the last decade.

It holds 600 artworks permanently and 300 loaned from France.

The museum's opening has also coincided with a period of heightened political tension in the Gulf and the broader Middle East.

More news: UPS: Cyber Monday Deliveries Delayed
More news: Akash kisses Shilpa Shinde, Hina Khan calls Hiten 'spineless'
More news: Ryan Reynolds is set to catch 'em all as 'Detective Pikachu'

Featuring a vast silver-toned dome, the Louvre Abu Dhabi was designed by French architect Jean Nouvel, drawing inspiration from Arab design and evoking both an open desert and the sea.

Salvator Mundi, which means Saviour of the World, went on public display in 2011 in a dramatic unveiling at the National Gallery in London, where the work was declared to be the first newly discovered Da Vinci painting in a century.

The painting, which was part of the collection of King Charles I of England (1600-1649), had ended up in the hands of a Russian billionaire, who bought it in 2013 for $127.5 million.

"We are pleased that the picture will be exhibited again", said Christie's spokesperson.

The unidentified buyer was involved in a bidding contest, via telephone, that lasted almost 20 minutes. He is not known for being an art collector or incredibly wealthy, and documents viewed by the Times show that he was such a non-entity in the art scene that Christie's had to quickly figure out right before the auction if he was eligible to bid.

He described the artwork as, "The Holy Grail of old master paintings".

Related Articles

  • M'Lanie Hunter Dance to perform Nutcracker Ballet Dec. 8 and 9

    M'Lanie Hunter Dance to perform Nutcracker Ballet Dec. 8 and 9

    Her goal is to attend a university dance program or conservatory and then join a contemporary ballet company after graduation. Classes consist primarily of classical ballet but also include jazz, contemporary, lyrical, modern and stretch and strength.
    The Rock To Receive Star On The Hollywood Walk Of Fame

    The Rock To Receive Star On The Hollywood Walk Of Fame

    Johnson responded by tweeting a heartfelt and grateful message, and then he (jokingly?) added that he'd be providing tequila. Besides the flicks, the Rock also stars in HBO's Ballers , which is produced by his own Seven Bucks Productions.

    Air Products & Chemicals INC (APD) Stake Held by Dearborn Partners Llc

    Hanson & Doremus Investment Management lifted its position in shares of Air Products & Chemicals by 8.8% in the 2nd quarter. The companyÂ's proprietary zinc finger DNA-binding protein technology enables specific genome editing and gene regulation.
  • Baby wrongly declared dead dies, father refuses body

    Baby wrongly declared dead dies, father refuses body

    CCI also found the hospital and BD Ltd prima facie guilty of selling syringes from the hospital's pharmacy at double the MRP. Our deepest condolences are with the parents and other family members. "We wish them the strength to cope with their loss".
    Prince George Had The Tiniest, Cutest Part In His School's Nativity Play

    Prince George Had The Tiniest, Cutest Part In His School's Nativity Play

    After a question and answer session with Josh, William told the children: "You're much better than the adults at questions". Kate Middleton stunned in this $870 belted coat the Children's Global Media Summit .

    Carnival Corporation (NYSE:CCL) Shares Sold by Chartwell Investment Partners LLC

    The stock of AmTrust Financial Services, Inc. (NYSE:GPN) earned "Hold" rating by Jefferies on Wednesday, October 11. The Sprucegrove Investment Management Ltd holds 244,542 shares with $16.04M value, down from 337,742 last quarter.
  • Australian parliament approves same-sex marriage

    Australian parliament approves same-sex marriage

    Liberal MP Tim Wilson proposed to his partner Ryan Bolger shortly after the bill was introduced to the lower house. A nonbinding postal survey found that 62 percent of Australian respondents wanted gay marriage to be legal.
    Taylor Swift Has Yet to Receive $1 From Court Case Win

    Taylor Swift Has Yet to Receive $1 From Court Case Win

    It's true that even after her win, and being given this honor, some people still criticize her about the case. He was sacked from country radio station KYGO days after Swift's management team reported what happened.
    'There was a typographic error' | Okorocha renames Ministry of Happiness

    'There was a typographic error' | Okorocha renames Ministry of Happiness

    Commissioner of Happiness, Ogechi Ololo is unapologetic of the post as it has been met with derision by people across the world.
  • Washington Capitals vs. Chicago Blackhawks - 12/6/17 NHL Pick, Odds, and Prediction

    Washington Capitals vs. Chicago Blackhawks - 12/6/17 NHL Pick, Odds, and Prediction

    Wilson later added a shorthanded empty-net goal with 2:20 left in the game for the first four-point night of his career. Me and Tom have a chat today and said, 'Let's set up Backy.' And we did and he scored a goal", Ovechkin said.

    Xiaomi looking for stock Android Oreo beta testers for Mi A1

    Launched back in September, the Xiaomi Mi A1 is now ready for Android 8.0 Oreo Beta update, and testers are needed for the same. Before you enroll for Beta testing, be mindful that Beta builds are unstable and prone to occasional bugs and crashes.
    Feldman Will Release 1993 Police Audio Exposing Childhood Abusers

    Feldman Will Release 1993 Police Audio Exposing Childhood Abusers

    According to Fox News , however, the sheriff's office admitted that they do, in fact, have recordings from 1993 with Feldman. They said they can not mention the contents of the recording since it is a case involving the sexual abuse of a minor.