World That Missing $450 Million Da Vinci Painting Is Reportedly on Saudi Crown Prince MBS' Yacht

tom_mai78101

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(Bloomberg) — A Leonardo Da Vinci masterpiece, whose whereabouts has been a mystery since it sold in 2017 for a record $450 million, has turned up in an unlikely place, according to Artnet.com.

“Salvator Mundi” is being kept on superyacht Serene owned by Saudi Crown Prince Mohammed Bin Salman, the publication reported Monday, citing two “principals involved in the transaction” that it didn’t identify. Another Saudi prince was said to have purchased the 500-year-old painting on MBS’s behalf at a 2017 Christie’s auction, the New York Times reported previously. Christie’s declined to confirm that report.

The Saudi government’s Center for International Communication didn’t immediately respond to a request for comment.

The yacht’s location as of May 26 was in the Red Sea off Sharm el-Sheikh, an Egyptian resort town on the Sinai Peninsula, according to Bloomberg ship tracking data.

While the high seas may not be the best place for a fragile Old Master painting, it’s not uncommon for the super-wealthy to decorate their yachts with trophy art. Joe Lewis hung Francis Bacon’s “Triptych 1974 – 1977,” worth an estimated $70 million, on the lower deck of his yacht, the Aviva.


Read more here. (Bloomberg)
 
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