Ronald S. Lauder, son of the legendary Estée Lauder, has amassed over 4,000 artworks spanning more than 2,000 years, from the medieval to the contemporary. He has said that he thinks of art on three levels, “Oh,” “Oh My,” and “Oh My God,” and aims to collect only the “OMG,” for which he will wait years and pay staggering sums. One of such acquisitions is the Portrait of Adele Bloch-Bauer I (1907), by Gustav Klimt, which he purchased in 2006 for a staggering $135 million—at that time, the highest price ever paid for a painting. Lauder has called the piece his “Mona Lisa.” It is currently installed at the Neue Galerie in New York, which he founded in 2001.
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