Saudi Prince Bader Secret Buyer Of Da Vinci's $450 Million 'Salvator Mundi'

Saudi Prince Bader Secret Buyer Of Da Vinci's $450 Million 'Salvator Mundi'

The new branch of the Louvre in Abu Dhabi will exhibit Leonardo da Vinci's portrait of Christ, "Salvator Mundi", which at $450.3 million became the most expensive painting ever sold at a NY auction last month.

Prince Bader belonged to a remote branch of the royal family and had no history of being an art collector, according to a report by the New York Times.

Newly founded art Museum "Louvre Abu Dhabi" announced that he was going to put in their own expozitii "Savior of the world". As one of the seven sheikhdoms in the United Arab Emirates, and the one with the largest oil reserves, Abu Dhabi is entwined in a Saudi Arabian-led dispute with neighbouring Qatar over its alleged support for terrorism. The Louvre Abu Dhabi did not specify when the Salvator Mundi would go on show at the museum.

Bader bin Abdullah was identified in documents reviewed by the New York Times as the buyer of the painting, which was sold at Christie's in New York on November 15.

Prince Bader is listed as a director of Houston-based Energy Holdings International, Inc.

Bader is one of more than 5,000 princes in Saudi Arabia.

The result obliterated previous world records for an art sale of any kind, including the auction high of US$179.4 million for a Pablo Picasso painting sold in 2015.

The presence of Salvator Mundi at The Louvre Abu Dhabi will be a great draw.

Ben Stokes, Alex Hales named in England's ODI squad for Australia series
Coach Trevor Bayliss said: "That's been discussed - but whenever he comes back it's going to be a bit of a circus for sure". England & Wales Cricket Board (ECB) have announced England's squad for their upcoming ODI series against Australia.

Police responding to shooting at New Mexico high school
Both Bloomfield and Farmington High Schools are on lockdown. "Your students' safety is our primary concern", the statement said. Three people were killed when gunfire erupted early Thursday at a New Mexico high school, according to media reports.

Champions League: Manchester United target flops while fullback wanted by Chelsea thrives
Liverpool (if top): Bayern Munich, Juventus , Basel , Real Madrid , Shakhtar Donetsk, Napoli, Porto or RB Leipzig. Find out why Chelsea supporters could be anxious ahead of Monday's Champions League round of 16 draw...

The island will also feature the Zayed National Museum, which had signed a loan deal with the British Museum - although the arrangement has come increasingly into question due to construction delays.

The museum opened with some 600 pieces including items from early Mesopotamia.

"Da Vinci's Salvator Mundi is coming to LouvreAbuDhabi", the museum said on Twitter in Arabic, English and French, displaying an image of the 500-year-old work. Under a 30-year agreement, France provides expertise, lends works of art and organises exhibitions in return for one billion euros ($1.16bn).

Members of Christie's staff pose for pictures next to Leonardo da Vinci's "Salvator Mundi" painting in London, October 24, 2017.

Bidding was strong for the Leonardo da Vinci painting.

Dating from the 1500s, the painting was billed as the final Leonardo work held in private hands, one of roughly 20 paintings attributed to him. It re-emerged in the 1950s, but was written off as a copy and sold for £45 or $60, according to CNN.

In 2013, Salvator Mundi was bought by Russian billionaire Dmitry Rybolovlev for $127.5 million.

Related Articles

  • Man United refuse City film makers dressing room access ahead of derby

    Man United refuse City film makers dressing room access ahead of derby

    Manchester United must beat Manchester City on Sunday if they want to keep their title hopes alive, according to Andrei Kanchelskis.

    Did President Trump slur his speech?

    There's nothing to it", Raj Shah , White House spokesman told NBC News and other reporters. He said it's okay for everyone else to use dentures, but not Trump.
    Martin Schulz seeks backing for grand coalition to end Germany crisis

    Martin Schulz seeks backing for grand coalition to end Germany crisis

    Schulz, a former head of the European Parliament, said a pre-condition for entering such talks would be "an about-face in European policy".
  • Ex-policeman faces 20 years in prison for Scott slaying

    Ex-policeman faces 20 years in prison for Scott slaying

    The two scuffled and Slager opened fire as Scott was running away, hitting him five times in the back. The incident, which ended in Scott's killing, was captured on cellphone video by a nearby onlooker.
    Aetna deal may hinge on antitrust approach under Trump

    Aetna deal may hinge on antitrust approach under Trump

    Regulators also sued to stop Aetna's proposed $34 billion purchase of Humana Inc. - a deal that fell apart earlier this year. Gradually, CVS added services like blood draws or monitoring of chronic conditions such as high blood pressure and diabetes.
    New details of Uber hack and bug bounty cover-up come to light

    New details of Uber hack and bug bounty cover-up come to light

    A former executive at the firm, Katie Moussouris, said that such a high payment would have been an "all-time record". Uber revealed last month that hackers stole data on more than 57 million riders and drivers in October 2016.
  • Porn Star August Ames Dead At 23

    Porn Star August Ames Dead At 23

    Ames was born Mercedes Grabowski in Nova Scotia and worked in a bar before she joined the adult film industry in 2013. A day later, on December 4, she expressed frustration with the criticism. #LAdirect I do my homework for my body'.
    Singapore Airlines changed United States  route because of North Korean missiles

    Singapore Airlines changed United States route because of North Korean missiles

    Amid reports that North Korea is testing nuclear missiles , airlines are rerouting flight paths to avoid North Korean airspace. Korean Air didn't provide details of the flights that saw the "flash", or say where they were at the time of the event.

    Luxury goods-makers win fight to block retailers from selling on Amazon

    The EU's top court was dealing with a case brought about by luxury cosmetics brand Coty in Germany . Online platforms argue that such curbs are anti-competitive and will hurt small businesses.
  • Why Do I Need Two Instagram Apps?

    Why Do I Need Two Instagram Apps?

    The inbox houses all of the user's received messages, while the profile screen lets users access the app's settings. Focused on image sharing, Instagram Direct opens directly to the camera so sharing can be easier than ever before.

    Fenner (FENR) Rating Reiterated by Numis Securities

    It increased, as 25 investors sold AAOI shares while 37 reduced holdings. 1 funds opened positions while 4 raised stakes. Meeder Asset invested 0% in Applied Optoelectronics, Inc. (NYSE:BR) to report earnings on February, 14.
    PUBG New Desert Map Gets Another New Weapon

    PUBG New Desert Map Gets Another New Weapon

    Miramar is a desert environment, a departure from the usual fields and forests of the original Erangel map. The new desert map is called Miramar , and it's ready for its first batch of contestants.