Picasso's 1905 painting "Boy with a Pipe" sold for $104 million Wednesday at Sotheby's, breaking the record for an auctioned painting.
Painted in 1905, the work of art is now the most expensive painting ever sold at auction.
The previous record was set by Vincent van Gogh's 1890 "Portrait of Doctor Gachet," which was sold to a Japanese billionaire for $82.5 million in 1990 at Christie's.
A 24-year-old Picasso painted "Boy with a Pipe" soon after settling in Montmartre, France. It depicts a young Parisian boy holding a pipe in his left hand and wearing a garland of flowers. John Hay and Betsey Whitney bought the painting in 1950 for $30,000.
OMG $100 Mil for a fucking piece of canvas, some oil paint, and a wood frame.
Picasso must be laughing his ass off upstairs.
Just proves the ultra wealthy are also some of the biggest suckers.
Sothebys made an $11 Million commission on the sale.