Record-breaking Leonardo painting goes to Louvre Abu Dhabi

Record-breaking Leonardo painting goes to Louvre Abu Dhabi

Record-breaking Leonardo painting goes to Louvre Abu Dhabi

A wealthy Saudi prince was identified last night as the mysterious buyer of the world's most expensive painting.

Christie's said the artwork will be going to the museum, but declined to say whether the Louvre Abu Dhabi bought the painting.

It is believed the prince will be lending the Leonardo to the museum in Abu Dhabi.

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The move became possible after a little-known Saudi price Bader bin Abdullah bin Mohammed bin Farhan al-Saud reportedly bought the painting last month, according to the New York Times. He sued the vendor who brokered the deal for overcharging him, and now he has just sold it for $450.3 million.

Ever since the sale at Christie's, the identity of the buyer has been the most sought-after secret in the art world and beyond.

It was the highest auction price for any work of art. 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. The new museum now houses a permanent collection of 600 artworks, with a further 300 on loan from Paris - among them another Leonardo painting, "La Belle Ferronnière".

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Bidding was strong for the Leonardo da Vinci painting.

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

The first museum to bear the Louvre name outside France has been billed as "the first universal museum in the Arab world" in a sign of the oil-rich emirate's global ambitions.

Christie's auction house has sold a painting, believed to have been painted by Leonardo da Vinci, for $450.3 million. The seller was Russian billionaire Dmitry Rybolovlev, who purchased it for $127.5 million in 2013.

"We are pleased that the picture will be exhibited again", said Christie's spokesperson. It is one of fewer than 20 authenticated da Vinci paintings in existence. The painting "Savior of the world" the crowned representative of the Arab countries bought at auction in the USA for $ 450 million.

But there's still no public information on who purchased the painting at the record-setting auction in November, when the controversial artwork went for $450.3 million United States at Christie's, making it the most expensive painting ever sold.

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