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Saudi Prince Revealed as Buyer of Leonardo da Vinci's 'Salvator Mundi'

Saudi Prince Revealed as Buyer of Leonardo da Vinci's 'Salvator Mundi'

The mystery buyer of Leonardo da Vinci's painting "Salvator Mundi", which fetched a record $450.3 million at an auction in NY last month, is a Saudi prince, a media report said.

"Congratulations", Christie's said in a tweeted reply to the Louvre Abu Dhabi.

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.

In the UAE will have the most valuable painting of Leonardo da Vinci.

It had been speculated, however, that the buyer might have hailed from the Middle East, particularly following posts on social media earlier today announcing that the painting was making its way to the Louvre Abu Dhabi.

The newspaper confirmed that the Prince Bader purchased the rare painting after citing documents it had reviewed while in the midst of an investigation into Saudi Arabia's elite class, including his family and associates.

Salvator Mundi is worth $450 million. To differentiate itself from neighboring Dubai, Abu Dhabi is targeting affluent tourists looking for culture and art and it has also built hotels, theme parks and malls.

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Christie's auction house, which handled the sale, had said that it was the only known Da Vinci piece remaining in private hands.

Bidding was strong for the Leonardo da Vinci painting.

"We are pleased that the picture will be exhibited again", said Christie's spokesperson. The painting "Savior of the world" the crowned representative of the Arab countries bought at auction in the U.S. for $ 450 million.

The 500-year-old painting, called Salvator Mundi - Latin for Saviour of the World - depicts Christ dressed in Renaissance-style robes, his right hand raised in blessing as his left hand holds a crystal orb.

The painting's previous owner, Dmitry E. Rybolovlev, a Russian billionaire, had paid $127.5 million for the painting in 2013, less than a third of its sale price last month, and he is still locked in litigation with the dealer who sold it to him over that price.

'Salvator Mundi, ' which means 'Savior 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.


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