InvestSMART

Picasso sold for $US155m

Steven Cohen, the billionaire investor whose hedge fund agreed to pay US authorities $US616 million to settle allegations of insider trading this month, has spent $US155 million on a painting by Pablo Picasso. He bought Le Reve from casino magnate Steve Wynn.

Steven Cohen, the billionaire investor whose hedge fund agreed to pay US authorities $US616 million to settle allegations of insider trading this month, has spent $US155 million on a painting by Pablo Picasso. He bought Le Reve from casino magnate Steve Wynn.

Join the Conversation...

There are comments posted so far.

If you'd like to join this conversation, please login or sign up here

Related Articles