The 600-year-old artwork, called a thangka and embroidered in vivid hues of red and gold, was bought by Liu Yiqian on Wednesday will be displayed at his new museum in Shanghai, the auction house said.
"I am proud to bring back to China this significant and historic 15th century thangka which will be preserved in the Long museum for years to come," he was quoted as saying in the media press release on Thursday.
"I am proud to bring back to China this significant and historic 15th century thangka which will be preserved in the Long museum for years to come," he was quoted as saying in the media press release on Thursday.
A taxi driver-turned-financier now aged 50, Liu is one of China's wealthiest men and among the country's new class of super-rich scouring the globe for artwork. He is worth an estimated USD 1.6 billion.
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