CULTURE & ARTS
11/12/2013 12:07 pm ET

China's richest man, Wang Jianlin, smeared over Picasso painting bought at Christie's

ArtDaily

SHANGHAI (AFP).- China's richest man is under fire after his company spent $28 million on a painting by the Spanish artist Pablo Picasso, with people questioning the extravagant purchase and his patriotism.

Tycoon Wang Jianlin's Wanda Group bought the 1950 painting "Claude and Paloma", depicting Picasso's two youngest children, at auction last week for more than double the high estimate of $12 million.

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