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Thursday, 21 May 2015 11:42

Qatar's Former Prime Minister Has Been Revealed as the Buyer of a $179 Million Picasso Painting

 Hamad bin Jassim bin Jaber Al Thani. Hamad bin Jassim bin Jaber Al Thani. Wikipedia

The Pablo Picasso canvas that set a record on May 11 at Christie's for the most expensive work ever sold at auction, at $179.4 million, may have gone to a buyer from Qatar.

Unnamed art world sources are telling the "New York Post" that the buyer of "Femmes d'Alger (Version “O")" (1955), was billionaire former Qatari Prime Minister Hamad bin Jassim bin Jaber Al Thani. Buyers at auction typically maintain their anonymity by bidding via phone; the Picasso was won by an anonymous telephone bidder represented by Brett Gorvy, international head of contemporary art for Christie's.

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