The new branch of the Louvre in Abu Dhabi will exhibit Leonardo da Vinci's portrait of Christ, "Salvator Mundi", which at $450.3 million became the most expensive painting ever sold at a NY auction last month.
On Wednesday, the newly opened Louvre in Abu Dhabi announced that the 500-year-old painting will be displayed inside the museum.
According to The New York Times, the painting was bought by Prince Bader bin Abdullah bin Mohammed bin Farhan al-Saud, who is said to be a close friend of Saudi Arabia's all-powerful crown prince, Mohammed bin Salman.
Dating from the 1500s, the painting was billed as the final Leonardo work held in private hands, one of roughly 20 paintings attributed to him.
But there's still no public information on who purchased the painting at the record-setting auction in November, when the controversial artwork went for $450.3 million USA at Christie's, making it the most expensive painting ever sold. 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.
Leonardo da Vinci's "Salvator Mundi", or "Savior of the World", dating from around 1500. 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.
Bidding was strong for the Leonardo da Vinci painting.
It was badly damaged and partly painted-over.
The painting was sold again in 1958 and then acquired in 2005 by a group of art dealers for less than $10,000. 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.
Its latest sale was initiated by Russian tycoon Dmitry Rybolovlev, the boss of football club AS Monaco.
Christie's capitalised on the public's interest in Leonardo - considered one of the greatest artists of all time - with a media campaign that labelled the painting The Last Da Vinci. Prior to the Saudi Prince's purchase, the artwork was also displayed in Hong Kong, London, and San Francisco.