The most expensive auctioned art work by Picasso earns a record $106m

I don’t understand why people who bid for priceless want their names to be withheld. I mean, come on, the IRS is bound to find out, right? Anyway, a 1932 painting titled “Nude, Green Leaves and Bust” by the Spanish artist Pablo Picasso painting has become the most expensive artwork to be auctioned as it earned $106m, at Christie’s New York. Held by the late Los Angeles collectors Frances and Sidney Brody since the 1950s, the painting was won by an unnamed bidder through the telephone.

The second most expensive artwork to be auctioned is held by Giacometti’s Walking Man I ($104.3m), followed by another Picasso, Garcon a la Pipe($104.1m). The painting was touted to fetch a mere $70m-$90m.

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