Russian Billionaire Acquires Complete Art Auction for $40 mn

The customary nature of Russian spending despicably is in full swing. The very gesture of Russian billionaire Alisher Usmanov has overdone the much-talked about story of Russian businessman having identical yachts. Usmanov has lately pre-purchased all the 450 artworks (paintings, glassware and fine porcelain) by the late cellist Mstislav Rostropovich before its scheduled auction at Sotheby’s.

The Sunday Times quoted: The Billionaire has paid “substantially more” than its estimation of $40 million guesstimate. Usmanov is of the belief that the collection should not be distributed and said he plans to donate entire artwork to the Russian state.

Going back to recall his charitable deeds, Usmanov’s earlier paid $3 million for the rights to Soviet-era cartoons that he bestowed to a new state-run TV channel for children. FYI, the painting featured above is and is known as “Treasure of the Angels” and it is a work from Nikolai Konstantinovich Roerich.

Treasure of the Angels

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