Media mogul Oprah Winfrey never fails to amaze hordes of fans with her remarkable achievements. Apart from being one of the most celebrated television personalities of our generation, he is also an astute art collector.
The founder of the OWN network managed to acquire a famous Gustav Klimt painting, for which he made an incredible $ 60 million profit after selling it to an unknown Chinese buyer. The picture is undoubtedly one of “Oprah’s favorite things.”
Oprah Has One of the Most Expensive Paintings in Viennese Art History
In 2006, Winfrey purchased a 1912 Gustav Klimt painting at Christie’s auction house for an astonishing price of $87.9 million. magazine editor added Adele Bloch-Bauer II for her impressive collection, and in 2014 loaned it to the Museum of Modern Art, where it was displayed in a fifth-floor gallery.
According to architectural digest, a wealthy Jewish industrialist from Vienna appointed Klimt. The wealthy patron of the arts wanted the aspiring artist to paint a portrait of his wife. She became the only full-length subject that Klimt painted twice.
In 1907, the Austrian-born artist completed Portrait of Adele Bloch-Bauer. Alluding to the “Golden Style” of the era, the painting was nicknamed woman in gold Second painting after five years, Adele Bloch-Bauer II, Woman represented in a colorful work of art, appearing more traditional with underlying jewel tones. This is a multi-million dollar piece owned by Winfrey.
artnet Explained the two paintings were “part of one of the largest Nazi-plundered art restoration cases in history.” The paintings were stolen during World War II and later became the property of the Austrian State Museum. After a protracted legal battle, the heirs to Klimt’s estate retained ownership, eventually handing it over to Christie’s for auction.
According to Hollywood Reporter, the family sold a 1907 canvas painting to Ronald Lauder, son of perfume tycoon Estée Lauder. He purchased the artwork in 2006 for $135 million and currently displays it in his private museum, the New Gallery, in New York City.
The interesting story became the focus of the 2015 motion picture, woman in gold, Starring Helen Mirren and Ryan Reynolds.
How Oprah Made a $60 Million Profit on the Famous Painting
what in bloomberg Called “one of the biggest private art deals of 2016,” Winfrey sold the Klimt painting for an astonishing $150 million. sales provided purple colourThe actor made a profit of $62.1 million on the transaction, with a 71 percent return on his investment.
Art dealer Larry Gagosian approached the billionaire entrepreneur to negotiate a record-breaking deal. Bloomberg reported that Winfrey had given the New Gallery permission to temporarily exhibit the painting before giving it to its new owner. The picture hung with its counterpart for the exhibition “Klimt and the Women of Vienna’s Golden Age, 1900–1918”.
Later, an unknown Chinese art collector captured Adele Bloch-Bauer II Masterpiece.
his extensive art collection
Winfrey has long been a patron of the arts and has an extensive art collection in many of her homes. In 2015, when he closed Harpo Studios in Chicago, the media tycoon auctioned off his personal belongings, with the proceeds going to charity.
According to artnet, titled an oil painting by Hovsep Pushman little mother Valued between $35,000 and $45,000. Red scarf By Richard Edward Miller, A Naked Woman Staring Out a Window, Approximately Worth $80,000 to $120,000.
Feather Oprah website, a tour of the library at his California home features two paintings by Harry Roseland. The famous 1945 painting by Thomas Hart Benton, titled back from the fields, Holds a coveted position above its mantle.
celebrity net worth reported that Winfrey earned the Presidential Medal of Freedom from President Barack Obama in 2013. America’s richest self-made woman, who has an estimated net worth of $3.5 billion, donated $12 million to the Smithsonian’s National Museum of African American History and Culture. The museum’s 350-seat theater is named after him.
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