Wednesday, November 16, 2016

Elaine Wynn, buyer of $142 million Francis Bacon painting, on her love of art

THE WALL STREET JOURNAL
By Chase Peterson-Withorn
(Gabe Ginsberg/Getty Images)
When Elaine Wynn first laid eyes on Francis Bacon’s “Three Studies of Lucian Freud” triptych, she says she was “gobsmacked.” Much to her delight, she won the auction with a bid of $142.4 million after commission. “My tastes are very eclectic,” Wynn says. “I’m not really worried about what’s the hot thing on the market right now.” The result is a varied collection that Forbes estimates to be worth some $375 million, full of big names — besides the Bacon triptych, there’s Manet’s “Portrait of Mademoiselle Suzette Lemaire” and Freud’s “The Painter Surprised By A Naked Admirer,” for example — and lesser-known works like a set of paintings Wynn recently picked up in Cuba for less than $10,000. [link]

Francis Bacon’s “Three Studies of Lucian Freud,” which Wynn purchased in late 2013 for a then-record-breaking $142.4 million. (AP Photo/Christie’s)
Lucian Freud’s “The Painter Surprised by a Naked Admirer” (Raphael GAILLARDE/Gamma-Rapho/Getty Images) caption