Asia’s richest man Wang Jianlin buys US$20.4 million Monet painting

China's Wang Jianlin, who controls Dalian Wanda Group, purchases French Impressionist artist's 1913 oil painting 'Bassin aux nympheas, les rosiers' at auction

PUBLISHED : Tuesday, 12 May, 2015, 2:21pm
UPDATED : Tuesday, 12 May, 2015, 6:18pm

Asia’s richest man, Wang Jianlin, was the buyer of a Claude Monet painting that sold for US$20.4 million at Sotheby’s in New York, the auction house said.

The 1913 oil painting, Bassin aux nympheas, les rosiers was purchased by Dalian Wanda Group, the company controlled by Wang, at Sotheby’s Impressionist and Modern Art auction on May 5, the Chinese company said.

The painting depicts an arched bridge overlooking a sun-dappled water lily pond on the Impressionist painter’s property in Giverny, France.

The Wanda group has been buying up Western artworks in recent years, including Pablo Picasso’s Claude et Paloma bought for US$28.2 million in 2003.

Chinese film mogul Wang Zhongjun bought a Picasso for US$29.9 million at the May 5 auction where Asian collectors purchased three of the sale’s top five lots, Sotheby’s said.

The top lot of the US$368.3 million sale was Vincent Van Gogh’s 1888 painting, L’Allee Des Alyscamps that sold to an Asian client for US$66.3 million.