{"id":94815,"date":"2013-11-21T08:28:43","date_gmt":"2013-11-21T08:28:43","guid":{"rendered":"http:\/\/luxurylaunches.com\/?p=94815"},"modified":"2021-08-02T10:48:53","modified_gmt":"2021-08-02T10:48:53","slug":"qatars-sheikha-mayassa-owner-of-francis-bacon-painting","status":"publish","type":"post","link":"https:\/\/luxurylaunches.com\/auctions\/qatars-sheikha-mayassa-owner-of-francis-bacon-painting.php","title":{"rendered":"Qatar\u2019s Sheikha Mayassa identified as owner of the $142 million Francis Bacon painting"},"content":{"rendered":"


\nThe identity of the new owner of the $142 million Francis Bacon painting has been revealed, and the proud owner of the Francis Bacon triptych<\/a> is none other than Sheikha Mayassa bint Hamad al-Thani, the sister of Qatar’s emir. In a record-breaking auction, the work was bought at Christie’s in New York by the prestigious Acquavella Gallery on behalf of an unnamed client.
\n
\nThe Sheikha, who heads the Qatar Museums Authority (QMA) and has a reputation for paying large sums at auctions to guarantee the winning bid, was named the buyer by The New York Post. Sheikha Mayassa is already well known as one of the biggest, most powerful spenders in the art world are in charge of the royal family’s art-buying budget, reputed to exceed $1 billion a year. Speculation is already rife in Qatar of a new national museum that will open in 2016 to show off the country\u2019s acquired art treasures. <\/p>\n

Its art treasures are only part of the country\u2019s growing assets as Qatar recently topped the list of fastest-growing luxury markets for 2014, it was revealed in a study by Ledbury Research, as the gas-rich state prepares to hold the 2022 World Cup. The Sheikha\u2019s knowledge of the arts and the QMA\u2019s efforts will help the state shine when all eyes are on Qatar as it hosts the world\u2019s biggest sporting event.<\/p>\n

Among Sheikha\u2019s other prized possessions is “The Card Players” by Paul Cezanne, which was bought last year for a reported $250 million — the highest price paid for a painting ever. Her family has also spent heavily on works by Mark Rothko, Richard Serra, Roy Lichtenstein, Francis Bacon, Andy Warhol, and Jeff Koons.<\/p>\n

[Via – Telegraph<\/a>]<\/p>\n","protected":false},"excerpt":{"rendered":"

The identity of the new owner of the $142 million Francis Bacon painting has been revealed, and the…<\/p>\n","protected":false},"author":20,"featured_media":94820,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[1960,2470],"yoast_head":"\nQatar\u2019s Sheikha Mayassa identified as owner of the $142 million Francis Bacon painting - Luxurylaunches<\/title>\n<meta name=\"description\" content=\"The identity of the new owner of the $142 million Francis Bacon painting has been revealed, and the proud owner of the Francis Bacon triptych is none\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/luxurylaunches.com\/auctions\/qatars-sheikha-mayassa-owner-of-francis-bacon-painting.php\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qatar\u2019s Sheikha Mayassa identified as owner of the $142 million Francis Bacon painting - 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