Matisse painting from 1924 fetches $29 billion; Taiwanese pop star Jay Chou is the buyer

Taiwanese pop superstar Jay Chou has acquired Henri Matisse's 1924 painting "La Séance du Matin" for approximately $29 billion Korean Won (about $21.2 million USD) at a Sotheby's auction. The acquisition was revealed by the artist himself through his Instagram account.

Chou shared that he had long dreamed of owning a work from Matisse's Nice period, inspired by looking up at the artist's house from below during his stays in Nice. "Today, that dream came true," he stated, expressing his excitement about fulfilling a lifelong aspiration.

The painting was initially estimated between $20 million and $30 million and ultimately sold for $20 million, with the final price including fees reaching $21.2 million. Chou secured the artwork through a guarantee bid, reportedly receiving an $800,000 rebate.

Known for his artistic endeavors beyond music, Chou is a prominent art enthusiast and collector. His collection includes pieces by renowned artists such as Pablo Picasso and Jean-Michel Basquiat. He has previously stated in interviews that a significant portion of his tour earnings is allocated to purchasing art.

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When I stayed in Nice, I used to look up at Matisse's house from below the balcony and dream of owning a work from that period someday. Today, that dream came true.