Page Six exclusively revealed that hedge fund billionaire Steven Cohen is the secret buyer of the world’s most expensive sculpture, Alberto Giacometti’s “Man Pointing, ” which he acquired for $141.3 million at Christie’s May 11 auction.
The sale of the life-size bronze sculpture of a thin man did not get much attention when it was sold, since at the same time Picasso’s “Les Femmes d’Alger” was sold for $179 million, setting a world record for the most expensive artwork ever sold at auction.
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Steve Cohen, worth an estimated $11.4 billion, closed his hedge fund SAC Capital a year ago following an insider-trading probe and created a new group of funds.
