The First Art Newspaper on the Net Established in 1996 United States Thursday, July 24, 2014


Russian Billionaire Roman Abramovich Said to be Buyer of Bacon and Freud Paintings
A respected art publication cited sources saying Roman Abramovich bought Francis Bacon's Triptych, 1976.
NEW YORK.- Several reports say that Roman Abramovich is the mysterious buyer of “Triptych” which was bought for $86.3 million and the 1995 Lucian Freud painting “Benefits Supervisor Sleeping” for $33.6 million last week at Christie's and Sotheby’s in New York.

The Art Newspaper cited sources close to the market as confirming that Abramovich, whose wealth is estimated by the Sunday Times' Rich List at £11.7 billion ($22.9 billion), had bought both paintings.

He reportedly bought the paintings for his girlfriend, who plans to open a gallery in Moscow next month, said The Belfast telegraph.

Both works made auction history, the Bacon achieving the highest price for a postwar work of art and Freud becoming the most expensive living artist at auction, taking the title from Jeff Koons.

According to the BBC, a spokesman for Mr Abramovich declined to comment. He said: "We don't get into personal matters." Mr Ambramovich has not previously been known as a serious collector of art.

One of her projects, to transform a 1920s bus garage in Moscow into a gallery for contemporary art and culture, is expected to be launched next month.









Today's News

May 20, 2008

Freud Masterpiece and Bacon Triptych Highlight Christie's London Auction in June

Morgan Library & Museum Exhibit Newly Acquired Prayer Book Made for Queen Claude de France

Sotheby's Sale of American Paintings, Drawings and Sculpture to be Held on May 22

Renzo Piano's Art Museum for Harvard at The Fogg Art Museum

Russian Billionaire Roman Abramovich Said to be Buyer of Bacon and Freud Paintings

Anacostia Museum Opens Separate and Unequaled: Black Baseball in the District of Columbia

Dallas Museum of Art Presents On Kawara: 10 Tableaux and 16,952 Pages

Christie's to Offer The Niall Hobhouse Collection in London

Here's the Thing at the Katonah Museum of Art in New York

Cleveland Institute of Art Photography Exhibition Bends Reality, Blends Images for Surrealistic Effect

The Enchanted Moment at The Baltic Centre for Contemporary Art

Angelica Liddell Returns to La Casa Encendida to Present Three Actions Titled Disobedience: Three Confessions

Fantastic Realism Set to Open at The Belvedere in Vienna

The New Jersey State Museum: The Main Building is Back with a Breathtaking New Exhibit

Bonnie J. Sacerdote Elected Trustee at Metropolitan Museum

Extensive Stars and Stripes Exhibition on View This Fall at Nevada Museum of Art

Most Popular Last Seven Days



1.- Archaeologists discover Roman 'free choice' cemetery in the 2,700-year-old ancient port of Rome

2.- Romanians must pay 18 million euros over Kunsthal Museum Rotterdam art heist

3.- Hello Kitty designer Yuko Yamaguchi defends cute character as cat turns 40 years old

4.- eBay and Sotheby's partner to bring world class art and collectibles to a global community

5.- Exhibition on Screen returns with new series of films bringing great art to big screens across the globe

6.- Marina Abramović reaches half way point of her '512 Hours' performance at the Serpentine Gallery

7.- The Phillips Collection in Washington introduces a uCurate app for curating on-the-go

8.- United States comic icon Archie Andrews dies saving openly gay character

9.- New feathered predatory fossil, unearthed in China, sheds light on dinosaur flight

10.- Exhibition at Thyssen Bornemisza Museum presents an analysis of the concept of the 'unfinished'

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