20.12.09

$33.2 MILLION REMBRANDT PAINTING REPORTED TO HAVE BEEN BOUGHT BY STEVE WYNN


A REMBRANDT PAINTING THAT SOLD FOR A RECORD $33.2 MILLION LAST WEEK AT CHRISTIE'S IN LONDON WAS BOUGHT BY AMERICAN CASINO MOGUL STEVE WYNN, THE NEW YORK TIMES REPORTED FRIDAY, CITING SOURCES FAMILIAR WITH THE TRANSACTION. CHRISTIE'S IS NOT DISCLOSING THE IDENTITY OF THE WINNING TELEPHONE BIDDER FOR THE 1658 'PORTRAIT OF A MAN, HALF-LENGTH, WITH HIS ARMS AKIMBO', A SPOKESPERSON SAID. THE PRICE SET AN AUCTION RECORD FOR A WORK BY REMBRANDT, CHRISTIE'S SAID. WYNN, CHIEF EXECUTIVE AT WYNN RESORTS LTD, COLLECTS FINE ART, AND ONCE ACCIDENTALLY POKED A HOLE IN PICASSO'S 'DREAM', A MULTIMILLION-DOLLAR PIECE HE OWNED. THE LAS VEGAS CASINO MAGNATE DEVELOPED THE MIRAGE AND BELLAGIO RESORTS IN LAS VEGAS IN THE 1990s. BEFORE THE PRE-AUCTION EXHIBITION AT CHRISTIE'S, THE REMBRANDT HAD NOT BEEN SEEN IN PUBLIC FOR NEARLY 40 YEARS.

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