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Today's Paper | November 24, 2024

Updated 09 Dec, 2017 03:50pm

Saudi crown prince bought $450 million Da Vinci painting: paper

NEW YORK: Saudi Crown Prince Mohammed bin Salman is the actual buyer of a painting by Renaissance master Leonardo da Vinci that sold for a record-breaking $450 million at auction last month, The Wall Street Journal reported on Thursday.

The young and dynamic crown prince, known by his initials MBS, used an intermediary to buy the much-sought-after painting of Christ, “Salvator Mundi,” the newspaper reported, citing US intelligence and other unnamed sources.

The painting — one of fewer than 20 works generally accepted as being by the Renaissance master, according to Christie’s — was bought by little-known Prince Bader bin Abdullah bin Mohammed bin Farhan al-Saud, reports say.

The Journal reported that Bader was the nominal buyer, but said MBS was identified in US intelligence reports as the true owner.

Published in Dawn, December 9th, 2017

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