Steve Wynn’s Insurance Claim for Elbowed Picasso

Towards the end of last year the casino mogul Steve Wynn elbowed his Picasso, which put a hole in the work, and lost him a deal that could have put $139 million in his pocket. Well, now the Las Vegas collector is looking to make an insurance claim worth $54 million.Continue Reading

Steve Wynn Elbows a Picasso

The Las Vegas casino billionaire recently made international headlines after bumping into his painting by Pablo Picasso and putting a hole in it. How pointy must his elbows be to put a hole in the canvas?

He had recently agreed to sell the work for a record $139 million to fellow billionaire Steven Cohen. It would have become the highest price paid for a painting, but Wynn has chose to repair and keep his damaged Picasso painting.Continue Reading