Steve Wynn Bought Two Picasso Paintings for $105 Million

Steve Wynn Paid More Than $100 Million for Marron’s Picassos – The casino mogul is reported to have snapped up two Picassos, Woman With Beret and Collar (1937) and the 1962 portrait Seated Woman (Jacqueline), from the estate of the late Don Marron for $105 million. Wynn is believed to have already told friends about the purchase, though a spokesperson for his art business did not confirm or deny the sale. Another collector who was offered works from the estate, says that artworks worth more than $200 million from the collection have already found new homes. (Wall Street Journal)