Russian tycoon Roman Abramovich the mystery buyer of Bacon-Freuds masterpieces

May 18th, 2008 - 7:48 pm ICT by admin  

London, May 18 (ANI): The mystery buyer of Francis Bacons Triptych, which was sold for 86.3 million dollars and Lucian Freuds Benefits Supervisor Sleeping, 1995, which fetched 33.6 million dollars, is Russian billionaire Roman Abramovich, according to reliable sources.

Experts say that the 120million dollars buying spree suggests that the owner of the Chelsea football club has found a new enthusiasm.

His inspiration is likely to be his model girlfriend Daria Dasha Zhukova, who has recently spoken of her desire to open a contemporary art gallery in Moscow.

On May 13 at a sale at New Yorks Rockefeller Center, Christies sold Freuds Benefits Supervisor Sleeping, a picture of Sue Tilley stretched naked across a sofa. It fetched 33.6m dollars, the world auction record for a living artist.

This picture is a simple and seemingly uncomposed depiction of one of the key features of Freuds art. The forceful and undeniable physical presence of people and things, Times Online quoted Christies rep, as saying.

According to The Art Newspaper, the secret buyer was again bidding at Sothebys sale on May 14. This time he spent 86.3million dollars on a three-panel work by Bacon, entitled Triptych. The purchase sent a record for a painting by the artist.

Cristina Ruiz, editor of The Art Newspaper, said: Abramovich is now said to be the buyer of both of these paintings and Im very impressed by his choices. He has gone at the highest level, but these are good purchases and I think they will retain their price.

Abramovich appears to be completely new to the market. Its very interesting because the power in the art world is shifting from European and American collectors who are selling to Russian and Middle Eastern collectors. It means the market is very resilient, she added. (ANI)

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