Secrets, secrets are not fun…

May 6, 2008

…. secrets, secrets hurt someone!

Ok, not really. Sara Thornton from The Art Newspaper is revealing the identity of the buyers of two of the biggest pieces sold at auction this year:

“Ever since their culture minister, Sheikh Saud bin Mohammed Al Thani, was arrested and investigated (and then pardoned) for alleged misuse of public funds, the collecting clan (whose cultural assets include Al Jazeera) has been keeping a low profile. But we can reveal that they are now major players in the modern and contemporary market acquiring, among other things, Mark Rothko’s White Center (Yellow, Pink and Lavender on Rose), otherwise known as the “Rockefeller Rothko”, which sold at Sotheby’s in May 2007 for the world-wide record price of $72.8m—the most expensive post-war work of art to sell at auction ever.”

Now, onto my personal fave, Jeff Koons (see blog header):

“…when Hanging Heart (Magenta/Gold) was bought at Sotheby’s New York for $21m hammer price ($23.6m with buyer’s premium) by Gagosian for Victor Pinchuk, a Ukrainian billionaire with a taste for high-impact figurative work, it stole the living-artist title from Lullaby Spring and made Koons contemporary art’s uncontested top dog.”

Seriously, whatever. Since neither one is married to me, I really couldn’t care less who bought them.

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