$150m for Picasso ‘Shrek’ portrait
Published May 5th, 2006
An unidentified man fought off four other bidders this week to buy Picasso’s portrait of his mistress, “Dora Maar au Chatâ€, for $95.2m, making it the second most expensive painting ever sold.
The 1941 Dora Maar au Chat transforms the visage of his glamorous girlfriend into a female Shrek. Despite its overt misogyny, the eye-catching portrait almost doubled its presale estimate of US$50 million.
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