Record Sale Of $65 Million Zao Painting Yields 2,735% Return
Paint brushes sit on a workbench in Gruenhainichen, Germany. (Photographer: Krisztian Bocsi/Bloomberg)

Record Sale Of $65 Million Zao Painting Yields 2,735% Return

(Bloomberg) -- An abstract oil painting by Chinese-French master Zao Wou-Ki changed hands for HK$510.4 million ($65.2 million) at Sotheby’s on Sunday, more than 28 times its previous purchase price...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.