AP Interview: Billionaire bids anxious farewell to Picasso

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In a rare and exclusive AP interview, the billionaire collector of 300 works by Pablo Picasso says he might be forced to buy back one of his paintings that is being raffled off for charity. johnleicester sat down with mega-collector David Nahmad.

Nahmad, one of the art world’s most influential dealers, will receive 1 million euros for “Nature Morte” but says it is worth “at least two, three times” that.

But Nahmad says the prospect of parting with “Nature Morte” has made him more appreciative of the small still life, which is signed “Picasso” and shows a newspaper and a glass of absinthe on a wood table., with his Russian first wife Olga Khokhlova and was months shy of his 40th birthday when he completed the painting in June 1921.

They decided to pay Nahmad for the painting, rather than push for a free donation, because they hope to encourage other collectors or galleries to also part with Picasso works for future charity raffles.

Source: Entertainment Trends (entertainmenttrends.net)

 

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johnleicester Oil could be 10 bucks a barrel and still cost 3.60 a gallon in commifornia. 🙄 stupid libs.

johnleicester EatTheRich

johnleicester Problems of the 1% 🙄

johnleicester gods way of telling u, u have emassed obscene amonnts of money?

johnleicester Its a goddam shame with the emphasis on goddam.

johnleicester One might hope he'd donate or sell some or all of his collection to a museum.

johnleicester The Working Class does not feel this guy's pain.

johnleicester Wow. I feel so sorry for him. Poor baby

johnleicester billionaires should not exist

johnleicester Well, good for charity and he’s happy getting it back! Seems legit!

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