Steve Wynn Talks Picasso and Politics at Art Basel Miami Beach
A highly priced “Nature Morte aux Tulipes” Picasso painting was auctioned off by Sotheby’s for a whopping $41.5 million in November 2012 just days before Art Basel Miami Beach. The painting which was originally sold in 2000 for $28.6 million was a small take away from Las Vegas Casino mogul Steve Wynn’s collection. “I am a Picasso collector,” he told me during a brief stop in the corridor of the Miami Beach Convention Center during Art Basel Miami Beach.
Wynn who is a regular to the fair was spotted posing with Sylvester Stallone in 2009. This year, he was wandering the halls eyeing a few pieces as well. He also bumped into a few pals along the way. “Everybody is here. Tommy Lee, Diane von Furstenberg,” he said.
Steve Wynn currently owns a 1964 Lichtenstein painting of an attractive redhead, sighing on the phone with a speech bubble that reads “ohhhh…alright” sold by Christie’s in 2010 for $42.6 million. It appears as though Steve was looking for another investment piece. At the time of our interview he told us he made a small purchase. Adding another Lichtenstein to his collection, It was later reported that he bought a 1980′s painting priced at $900,000 on Art Basel opening night. “I bought a little picture,” he revealed. “Not everyone can have the picture; it is cool to own a picture.”
Over the years the contemporary art market has gained strength and Art Basel Miami Beach offered an international selection. The avid collector has his own private collection with pieces from iconic names like Vincent van Gogh, Henri Matisse, Pablo Picasso, Andy Warhol among others.
He was particularly observant citing there was a mixture of graphic arts presented during the fair and “the prices were unbelievably strong,” he said. “Only a few people are left with the money.”
Not that politics had any relevance to the art show, but it was our only opportunity to talk with Mr. Wynn. Prior to the 2012 presidential election he made a television appearance on the Piers Morgan show on CNN to voice his opinion. And during the fair he continued that conversation stating that the country is in trouble. “We are in trouble,” he shared. “It is not over yet.”
By: Daedrian McNaughton | Premier Guide Media