Billionaire Toys – How Will Hedgies Spend Their Upcoming Bonuses This Time?

Bounuses are around the corner and that means more toys for our billionaire boys. Check out the gallery of most expensive finance industry toys.

Steven Cohen, hedge fund billionaire is the anonymous buyer of the most expensive sculpture ever sold at auction: Alberto Giacometti’s “Man Pointing.” Considering Cohen bought the statue for $141.3 million at Christie’s during the same auction when Picasso’s “Les Femmes d’Alger” sold for $179 million

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But this isn’t Cohen’s first major art purchase. The famed art collector also purchased Picasso’s “Le Rêve” from Casino billionaire Steve Wynn for $155 million in 2013. He had attempted to purchase it in 2006 for $139 million, but Wynn accidentally made a “silver dollared size hole” in the painting with his elbow before he could sell it. In addition, Cohen owns a $137.5 million de Kooning, “Woman III,” he purchased in 2006 and Damien Hirst’s “The Physical Impossibility of Death in the Mind of Someone Living,” (i.e. a shark in a tank), which he bought for $8 million. –Isabel Schwab

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