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Wednesday, 7 December 2016
Last updated 14 hours ago
May 13 2011 | 12:21pm ET
It's been a good couple of weeks for Steven Cohen, art collector.
The SAC Capital Advisors founder, who gave a rare public interview at the SkyBridge Alternatives Conference in Las Vegas on Wednesday, fetched nearly $50 million for a pair of paintings at two separate auctions.
On Wednesday, his Andy Warhol portrait of Elizabeth Taylor was bought for $26.9 million. A pair of telephone bidders battled over the 1963 silk-screened image of the late actress, who died just days after Cohen consigned the painting to auction.
Last week, a landscape by Maurice de Vlaminck owned by Cohen sold for $22.5 million.