Carol Vogel had
this report in The New York Times yesterday on Ronald Lauder's purchase, for the
Neue Galerie, of a
1907 Klimt portrait for a record $135 million. The painting was for many years the subject of a restitution battle with the Austrian government. In January, it was returned, along with four other Nazi-looted Klimt paintings, to descendants of the original owner, who will now share the sales proceeds. A couple years back, Tyler Cowen had
this post on what else you can buy for $100 million.