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October 17, 2006

Casino Magnate Steve Wynn Finalizes Record Sale of $139 Million Picasso, Then Pokes Hole Through It The Next Day

I question the timing.

In an accident witnessed by a group that included Barbara Walters and screenwriters Nora Ephron and Nicholas Pileggi, Wynn accidentally poked a hole in Picasso's 74-year-old painting, "Le Reve," French for "The Dream."

A day earlier, Wynn had finalized a record $139 million deal for the painting of Picasso's mistress, Wynn told The New Yorker magazine

The accident occurred as a gesturing Wynn, who suffers from retinitis pigmentosa, an eye disease that affects peripheral vision, struck the painting with his right elbow, leaving a hole the size of a silver dollar in the left forearm of Marie-Theresa Walter, Picasso's 21-year-old mistress.

Steve Wynn's quote?

"Oh, shit, look what I've done."

Hah.

I imagine the buyer will want something of a discount now. I don't think Wynn will be able to mollify the buyer by promising him a few nights in a comped room.

Thanks to RobG.


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posted by Ace at 04:20 PM

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