Abu Dhabi to acquire Leonardo da Vinci's 'Salvator Mundi': Christie's

The painting is now heading to the recently opened Louvre Abu Dhabi Museum to go on display. It is the first museum to bear the Louvre name outside France

The following day, the Wall Street Journal reported that Saudi Arabia's Crown Prince Mohammed bin Salman was the true buyer, citing a source in the US government intelligence community and a Saudi art-world figure familiar with the purchase.

Before last month's record-breaking sale, the highest known sale price for any artwork had been $300 million for Willem de Kooning's painting "Interchange".

The latest twist in a saga over the painting came after a report in the Wall Street Journal which said that Saudi Crown Prince Mohammed bin Salman, known as MbS, was identified as the buyer of the painting in US intelligence reports, according to people with direct knowledge of the information. The state's laws are structured so that out-of-town buyers don't get hit with a big tax bill. But unless he decides to hang the work in Manhattan - or has it shipped out of the country using the wrong type of carrier - the city won't get any taxes. If they did, New York's status as a global center for art sales might be jeopardized, an expert said.

Quentin Tarantino Officially Directing An R-Rated 'Star Trek' Film
Patrick Stewart has revealed that he would consider reprising his Star Trek role as Captain Picard, on one condition. Tarantino recently announced he is in the development stages of an R-Rated Star Trek project alongside J.J.

On Wednesday, the newly opened Louvre in Abu Dhabi museum in the United Arab Emirates tweeted an announcement that the painting is "coming".

Christie's declined to identify the buyer of the 500-year-old painting but media reports point to the Saudi royal family.

The crowned princes of Saudi Arabia and Abu Dhabi are close, and the loan is seen as a deal that will strengthen their ties.

Tennessee To Hire Alabama DC Jeremy Pruitt As Head Coach
The Seminoles led the nation in scoring defense that season en route to a national championship. The Crimson Tide are back in the College Football Playoff this year too.

Crown prince of Saudi Arabia Mohammed bin Salman has been revealed as the true buyer of Leonardo da Vinci's "Salvator Mundi", the New York Times reveals. Buyers from the Middle East and Asia have been snapping up masterpieces to fill regional museums in China and the Middle East. "If those rules are not abided by, there will be some inadvertent sales tax".

The confusing saga started on December 6 when the Louvre Abu Dhabi tweeted that it was getting the most expensive painting in the world. NY state authorities say purchases by out-of-state buyers who use specialized art shippers as opposed to common freight carriers like UPS or FedEx are subject to sales tax. It also notes that buyers shipping artworks to 10 other USA states also would be on the hook for sales taxes.

"The thing is very odd", said Jean Pigozzi, a collector of African art, about Prince Bader's role.

GM's Marketplace feature lets you buy stuff with your vehicle
Starbucks Corp .: The Seattle, Wash. -based coffee giant lets customers order ahead and use their Starbucks Rewards program. Initial partners include a diverse group of large companies such as Starbucks ( sbux ), ExxonMobil ( xom ), and Wingstop.

2011, saw the dramatic public unveiling of Salvator Mundi ('Savior of the World') in the exhibition Leonardo da Vinci: Painter at the Court of Milan, at The National Gallery, London.

Related news:

Hot News

isis-killer-beheading-video-story-top John Travolta Responds to Rumors of 'Gotti' Release Being Scrapped
Dec 09, 2017 - 13:43
As it turns out, Travolta wasn't happy with the limited release that Lionsgate was planning for the movie. He continued: "That is the simple explanation for this".

isis-killer-beheading-video-story-top MediEvil 4K Remaster Announced for PS4 at PSX 2017
Dec 09, 2017 - 13:31
Sony revealed at PSX 2017 that The Last Guardian VR experience will be released on December 12th, 2017. Jupiter & Mars, an underwater adventure game, was announced for PS4 and PS VR during the show.

isis-killer-beheading-video-story-top Shashi Kapoor funeral : Bollywood celebrities bids adieu to the evergreen actor
Dec 08, 2017 - 02:09
Veteran actor Shashi Kapoor's demise on Monday is being grieved by all Bollywood fans in India as well as outside the country. He was honoured with the Padma Bhushan in 2011 and received cinema's prestigious Dada Saheb Phalke award in 2015.

isis-killer-beheading-video-story-top Long Island weather: Several inches of snow expected Saturday
Dec 08, 2017 - 02:08
The windy conditions could continue Saturday morning, with another half-inch or less of snow possible, before 7 a.m. The National Weather Service in New Orleans has issued a winter weather advisory beginning at 9 p.m.

isis-killer-beheading-video-story-top Mirror's USS Callister Episode
Dec 08, 2017 - 02:08
USS Callister , directed by Toby Haynes ( Sherlock ) and starring Jesse Plemons , Cristin Milioti , Jimmi Simpson , and Michaela Coel .

isis-killer-beheading-video-story-top JuJu Smith-Schuster gets one-game suspension
Dec 08, 2017 - 02:07
Asked if that comment was related to Burfict, Brown said, "I ain't talking about nobody". Burfict's actions after the hit upset Pittsburgh coach Mike Tomlin.

isis-killer-beheading-video-story-top Australia and Austria Legalized Gay Marriage
Dec 08, 2017 - 02:05
The Australian House of Representatives has approved a bill that would extend marriage rights to same-sex couples. In December 2013, same-sex marriage was very briefly legal in the Australian Capital Territory.

isis-killer-beheading-video-story-top New Mexico governor calls shooting heinous act
Dec 08, 2017 - 02:05
Kyle Lincoln from the San Juan County Sheriff Department are clearing the building and actively searching the school. Numbers of the injured have not been confirmed, but Bloomfield Police Departmented said there had been a "shooting".

isis-killer-beheading-video-story-top Scotland braced for a big freeze after Storm Caroline's 93mph gusts
Dec 08, 2017 - 02:04
Snow and falling temperatures are also forecast for parts of Britain later in the week. Between 10 and 20cm of snow can be expected over hills and mountains.

isis-killer-beheading-video-story-top New study indicates cheese is good for you
Dec 08, 2017 - 02:03
Researchers suggest that eating a small amount of cheese every day may benefit heart health. This basically means that higher quantities of cheese aren't necessarily better.

isis-killer-beheading-video-story-top Why This Cheerleader's Mind-Blowing Invisible Box Stunt Is Sweeping the Internet
Dec 07, 2017 - 02:58
In one of the first instances seen of this trick, back in August 2014, the video has been viewed nearly 889,000 times . The premise involves stepping onto an "invisible box" with one foot and leaping over it with the other foot.

isis-killer-beheading-video-story-top Nebraska woman disappeared after a Tinder date. Then her body was found
Dec 07, 2017 - 02:52
Multiple agencies, including the Federal Bureau of Investigation , had been searching for the missing 24-year-old. The body of a 24-year-old woman who went missing three weeks ago after going on a Tinder date has been found.

isis-killer-beheading-video-story-top First look at Starbucks' Reserve Roastery in Shanghai
Dec 07, 2017 - 02:51
China is Starbucks's fastest-growing market with more than 3,000 stores across 136 cities, including 600 in Shanghai alone. Powered by Alibaba's location-based technology, the Taobao app instantly recognizes when a thirsty patron arrives.

isis-killer-beheading-video-story-top Conflicting Reports Emerge About Subpoena for Deutsche Bank in Trump-Russia Investigation
Dec 07, 2017 - 02:50
That figure includes a $170-million loan Trump took out to finish a hotel in Washington . Deutsche Bank had been one of Trump's most reliable lenders.

isis-killer-beheading-video-story-top Proposal To Impeach Trump Overwhelmingly Rejected
Dec 07, 2017 - 02:44
House of Representatives overwhelmingly voted Wednesday to stop an effort by lawmaker Al Green to impeach President Donald Trump . That's because Republicans narrowly control the House and Democrats are divided on the issue.