Tags: salvator mundi | buyer | saudi prince

'Salvator Mundi' Buyer Revealed: Little Known Saudi Prince

Image: 'Salvator Mundi' Buyer Revealed: Little Known Saudi Prince

Bidders react after Leonardo da Vinci's "Salvator Mundi" sold for $450 million at Christie's on Nov. 15 in New York City. (Julie Jacobson/AP)

By    |   Thursday, 07 Dec 2017 07:59 AM

The "Salvator Mundi" painting mystery buyer last month was revealed by The New York Times on Wednesday as a Saudi Prince from a remote branch of the royal family.

Bader bin Abdullah bin Mohammed bin Farhan al-Saud was described by the Times as "little known" with "no publicly known source of great wealth," but managed to walk away with what is called the most expensive painting in the world – $450.3 million at auction.

Prince Bader, though, is a friend and associate of Saudi's crown prince Mohammed bin Salman, who the Times said has led a crackdown against corruption and self-enrichment in the country.

The famous Leonardo da Vinci painting of Jesus Christ was headed for the new Louvre Abu Dhabi museum, according to Agence France-Presse.

"Da Vinci's Salvator Mundi is coming to LouvreAbuDhabi," the museum stated on Twitter in Arabic, English and French, displaying an image of the 500-year-old work.

The Times reported the “Salvator Mundi” sale doubled the price of the previous record-holder, Pablo Picasso's "The Women of Algiers," which sold for $179.4 million in 2015 in New York.

The Times said the huge purchase comes at a curious time for Saudi Arabia when Prince Mohammed cracked down on more than 200 of the richest Saudi princes, businessmen, and government officials after the country had been pressed by low oil prices.

In the crackdown, Prince Mohammed was looking to regain hundreds of billions of dollars in alleged illicit gains, according to the Times.

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The "Salvator Mundi" painting mystery buyer last month was revealed by The New York Times on Wednesday as a Saudi Prince from a remote branch of the royal family.
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2017-59-07
Thursday, 07 Dec 2017 07:59 AM
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