Abu Dhabi Identified As Buyer Of $450m Da Vinci Salvator Mundi




In a twist of breaking news Abu Dhabi have tweeted that Leonardo’s Salvator Mundi was “acquired by the Department of Culture and Tourism in Abu Dhabi for the museum”. We reported this on Wednesday but The New York Times later revealed that Saudi Arabian Prince, Bader bin Abdullah bin Mohammed bin Farhan al-Saud, had been named as the buyer of the painting. The Wall Street Journal reported Thursday that Saudi Crown Prince Mohammed bin Salman had put up the funds for the purchase. The crown prince, often referred to by his initials MBS, used an intermediary to buy the painting depicting Christ. The masterpiece, one of fewer than 20 surviving by the Renaissance Master, sold for $450m at Christie’s in New York on 15 November. We now know that the Louvre Abu Dhabi is going to exhibit “Salvator Mundi,”  However, the identity of the buyer had remained an elusive secret with much speculation surrounding the purchaser.

“We are delighted that the work will again be on public view,” – Christie’s

Christie’s let the cat out of the bag on Wednesday and publically said the artwork would be going to the Louvre Abu Dhabi. They, however, declined to confirm the painting’s owner stating that without the permission of the seller or the buyer this information is not made public due to client confidentiality. Meanwhile, Louvre Abu Dhabi tweeted on Wednesday 6 December; “Da Vinci’s Salvator Mundi is coming to #LouvreAbuDhabi.” The Louvre Abu Dhabi has been dubbed “the first universal museum in the Arab world.” This is thought to be a sign of the oil-rich emirate’s global cultural ambitions.

Prince, Bader bin Abdullah bin Mohammed bin Farhan al-Saud

Prince, Bader bin Abdullah bin Mohammed bin Farhan al-Saud 

Abu Dhabi opened their branch of the Louvre brand on November 8. French President Emmanuel Macron, who described the new museum as a “bridge between civilisations.” attended and officiated at the event. The Paris Louvre has exchanged expertise, works of art and exhibition curation in return for a billion euros ($1.16 billion). Over 600 objects and paintings have been loaned to the museum. The prince, is a close friend of the Abu Dhabi crown prince.

This is the highest price ever paid for a work of art. Christie’s said the identity of the buyer has been the most sought-after secret in the art world and beyond. Buyers from the Middle East and Asia have been snapping up masterpieces to fill regional museums in China and the Middle East. It is rare that a buyer is not identified following a sale.

Salvatore Mundi was first recorded in the Royal collection of King Charles I (1600-1649), and thought to have hung in the private chambers of Henrietta Maria – the wife of King Charles I – in her palace in Greenwich, and was later in the collection of Charles II. Salvator Mundi is next recorded in a 1763 sale by Charles Herbert Sheffield, the illegitimate son of the Duke of Buckingham, who put it into auction following the sale of what is now Buckingham Palace to the king.

It then disappeared until 1900 when it was acquired by Sir Charles Robinson as a work by Leonardo’s follower, Bernardino Luini, for the Cook Collection, Doughty House, Richmond. By this time, its authorship by Leonardo, origins and illustrious royal history had been forgotten, and Christ’s face and hair were overpainted. In the dispersal of the Cook Collection, it was ultimately consigned to a sale at Sotheby’s in 1958 where it sold for £45. It disappeared once again for nearly 50 years, emerging in 2005 when it was purchased from an American estate at a small regional auction house. Its rediscovery was followed by six years of painstaking research and inquiry to document its authenticity with the world’s leading authorities on the works and career of da Vinci.

The work was sold to the Russian billionaire Dmitry Rybolovlev who purchased the da Vinci painting for $127.5 million in 2013. He sued the vendor who brokered the deal for overcharging him, and now he has just sold it for $450.3 million. Despite selling the ‘Salvator Mundi’ painting for a world record price, Rybolovlev has not withdrawn his lawsuit against Swiss art dealer Yves Bouvier.
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. The painting caused a worldwide media sensation, not always for the right reasons. The painting’s authenticity is still widely questioned by many experts, while the issue of overpainting, restoration and conservation will always be an underlying issue.

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