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Thursday, 06 November 2014 11:19

Chinese Movie Mogul Buys van Gogh Painting for Nearly $62 Million

Vincent van Gogh's 'Still Life, Vase with Daisies and Poppies,' 1890. Vincent van Gogh's 'Still Life, Vase with Daisies and Poppies,' 1890. Sotheby's

A Chinese movie tycoon dished out $61.8 million for a Vincent van Gogh painting at a Sotheby's New York auction this week, the highest auction price for a painting by the artist in over 15 years.

The 1890 "Still Life, Vase with Daisies, and Poppies," sold to Wang Zhongjun, one of China's richest men, fetched far more than the $30 million to $50 million estimate, and is said to be the highest price paid for Western art by a Chinese collector.

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