Billionaire named as buyer of ‘The Scream’

WASHINGTON - Reuters

Edvard Munch’s ‘Scream,’ bought by Leon Black, is the most expensive work of art ever sold at auction. AP photo

American billionaire Leon Black is the mystery buyer who paid a record $120 million for Edvard Munch’s masterpiece “The Scream” at Sotheby’s in May, the most expensive work of art ever sold at auction, the Wall Street Journal said on July 11.

Citing several sources close to Black, a New York businessman and avid art collector, the newspaper said his intentions for the iconic painting and whether it would be loaned to a museum were unclear.
A spokesman for Sotheby’s declined to comment on the report. Black could not be reached and his spokesman also declined to comment.

Black, the lead partner of Apollo Global Management and No. 330 on Forbes list of billionaires, sits on the boards of both the New York Metropolitan Museum of Art and the Museum of Modern Art.

Black beat an initial group of seven bidders who drove the price up during a feverish auction on May 2.
“The Scream,” Munch’s masterpiece from 1895 depicting a bald figure with hands pressed to the head and swirling colors in the background, is one of the world’s most famous paintings. Three other versions, including two that were stolen and later recovered, are in museums in Norway.