Displaying items by tag: wang zhongjun

A prized Picasso portrait, which has been in the Goldwyn family collection since it was acquired by Hollywood legend Samuel Goldwyn Sr. in 1956, has been sold to another film and entertainment mogul from halfway around the world.

Wang Zhongjun, chairman and co-founder of entertainment giant Huayi Brothers Media Group, purchased Pablo Picasso’s “Femme au chignon dans un fauteuil” at Sotheby’s Impressionist & Modern Art Evening Sale on May 5 for US$29.93 million (HK$233 million).

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.