And the art world soars financially.

Steve Wynn Paid $33.7 Million For Jeff Koons‘ Gigantic ‘Tulips’ Sculpture

Julie Zeveloff | Feb. 4, 2013, 11:20 AM | 

Jeff Koons’ giant steel sculpture “Tulips” sold to an anonymous buyer for $33.7 million during Christie’s post-war and contemporary art sale last fall.

It turns out the buyer was hotel mogul Steve Wynn, who unveiled the three-ton sculpture in the rotunda of the Wynn Theater in Las Vegas last week, The Las Vegas Review-Journal reported.

Wynn is a prolific art collector. He was rumored to have spent $40 million on Dale Chiluly’s glass-blown masterpiece “Fiori di Como, which hangs from the ceiling of the lobby at the Bellagio, and spent a record $12.8 million on a pair of Chinese vases to display in his Macau resort.

He also notoriously put his elbow through Picasso’sLe Rêve,” for which he paid around $60 million.

Read more: http://www.businessinsider.com/steve-wynn-bought-jeff-koons-tulips-2013-2#ixzz2K2UmDpm8

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