Art can be one of a collector’s most expensive splurges, especially when you’re plopping down millions for a piece.
According to the Wall Street Journal, a 1892 painting by French artist Paul Gauguin called “Nafea Faa Ipoipo (When Will You Marry?)” recently broke the record for the most expensive work of art ever sold, when it fetched $300 million from Qatar Museums.
It was sold by Swiss art collector Rudolf Staechelin to Qatar, which is wealthy Arab nation known for its abundance of oil and natural gas. Qatar set the previous record when it purchased Paul Cézanne’s “The Card Players” for $259 million in 2011… and the royal family have dropped hundreds of millions on art in the past, including works by Francis Bacon and Mark Rothko.
The record-breaking Gauguin painting depicts two Tahitian women seated in a bright, natural setting. The artist is known his colorful and experimental style. He lived in French Polynesia for a period of time, where he became fascinated with Tahitian life… and its women.
Gauguin’s talent was unrecognized during his lifetime and he eventually died penniless. His works woud go on to influence the likes of Picasso and Matisse.