Two Arab princes accidentally cost themselves $450 million in an anonymous bidding war over a Da Vinci painting because each thought the other was their rival Qatar, according to palace sources.

Leonardo Da Vinci's 'Salvator Mundi' sold at an auction last November for an eye-watering $450.3 million.

Documents leaked to the New York Times the following month revealed the buyer was Saudi Prince Bader bin Abdullah.

Palace insiders said the purchase was on behalf of his close friend, the country's crown prince Mohammed Bin Salman.


The de-facto United Arab Emirates ruler Mohammed Bin Zayed also sent a representative to bid on the painting at the Christie's New York auction, in an attempt to secure it for the $1 billion Louvre Abu Dhabi museum, th


But neither Arab ruler knew the other was bidding, instead they both feared losing the auction to reps from the Qatari ruling family.

'The bidding started to get high, and each of them thought they were bidding against the Qataris, and didn't want them to get it,' said one source close to the Emirati leader.



'So they gave their proxies instructions, saying 'you can go as high as you want, just make sure you get it'.


'It got to $450 million and the Emiratis gave up.








http://www.dailymail.co.uk/news/article-5554969/Two-Arab-princes-cost-450MILLION-bidding-war-Da-Vincis-Salvator-Mundi.html
Lalasticlala, Mynd44

The painting's buyer was revealed to be Saudi Prince Bader bin Abdullah.

Palace insiders said the purchase was on behalf of his close friend, the country's crown prince Mohammed Bin Salman

De-facto United Arab Emirates ruler Mohammed Zayed had sent a representative to bid in an attempt to secure it for the $1 billion Louvre Abu Dhabi museum.

Under pressure to get rid of the painting after realizing he hadn't been bidding against his rival Qatar, Salman struck a deal with his Emirati counterpart to swap the painting for a superyacht called The Topaz, pictured below.

Lalasticlala, Mynd44

when you have so much money, to the extent that you can even buy sand for $1m, God punish poverty

Following...

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Chai!!! I'm yet to understand this kind of SUPER-RICH wealth. Buying a painting for $450Mn. Feeling sad with myself right now.

I still wonder what it is about paintings that people spend so much money on only to hang them on the wall just to stare at them...I don't get it

The craving for paintings I really don't understand. I will buy it and start looking at it? Ahh Jesu


Poverty is a sin

Mariangeles:
I still wonder what it is about paintings that people spend so much money on only to hang them on the wall just to stare at them...I don't get it

Especially the way FBI fights in movies to protect it from getting in the wrong hand..

Me like what's so special about it.

internationalman:

Especially the way FBI fights in movies to protect it from getting in the wrong hand..

Me like what's so special about it.

Especially that MonaLisa painting...I've tried so hard to "get it" but I still don't
Don't get me wrong, I love beautiful arts and paintings but to place so much value on them is what I don't get...

#162 billion

We just here dying over 10naira...

Explorers you know there's still a dispute till now between reputed renaissance art scholars and experts over the authenticity of Leonardo Da Vinci being the original author of the Salvator Mundi (Savior of the World in Latin)

However my suprise is how a muslim dominated nation would pay so much to buy, display and even promote a famous painting that depicts Christ as the (undisputed ) Savior of the world?

Ordinary painting that my country brothers can paint better at a lesser price.Ego and pride at its peak!

ogbiwa:
Explorers you know there's still a dispute till now between reputed renaissance art scholars and experts over the authenticity of Leonardo Da Vinci being the original author of the Salvator Mundi (Savior of the World in Latin)

However my suprise is how a muslim dominated nation would pay so much to buy, display and even promote a famous painting that depicts Christ as the (undisputed ) Savior of the world?

They know it holds sentimental value even though they Jesus never existed

Same way the first superman comic book sold for$1m some years back

Lord Please Help Me In This Life. I Also Want To Be Wealthier Than This.

The value of a thing depends on the owner!

ogbiwa:
Explorers you know there's still a dispute till now between reputed renaissance art scholars and experts over the authenticity of Leonardo Da Vinci being the original author of the Salvator Mundi (Savior of the World in Latin)

However my suprise is how a muslim dominated nation would pay so much to buy, display and even promote a famous painting that depicts Christ as the (undisputed ) Savior of the world?

While some useless moslems are bombing them selves.