Oprah Winfrey recently made the deal of a lifetime!
According to Bloomberg, the chief executive officer of OWN sold a Gustav Klimt painting for $150 million to a wealthy Chinese buyer, grossing an extra $62 million. Ten years ago, Winfrey bought “Portrait of Adele Bloch-Bauer II” for $87.9 million at Christie’s auction house in New York. Since then, the painting’s value has risen about 71 percent.
The painting, created in 1912, depicts Adele Bloch-Bauer II in a long, narrow robe and halo-like black hat, standing against an ornate background of mauve and green, Bloomberg describes. Bloch-Bauer was the Viennese wife of sugar baron Ferdinand Bloch-Bauer and the only woman Klimt painted twice.
As the news website pointed out, Winfrey temporarily loaned the painting to the Museum of Modern Art in 2014, but then art dealer Larry Gagosian reportedly lined up an interested buyer who was willing to pay upwards of $100 million.
Apparently, Winfrey is no stranger to art collecting. In 2015, she held an auction at her Chicago condo where she sold off a slew of artwork, including works from American Impressionist Francis Coates Jones and British-born painter Maud Earl.
Clearly Winfrey doesn’t need the cash—it’s estimated that the 63-year-old entertainment mogul is worth a whopping $2.9 billion dollars.
Oprah Sells Painting By Renowned Artist For $150 Million was originally published on hellobeautiful.com