Billionaire Steve Wynn buys Jeff Koons' Popeye sculpture for  million

I grew up watching Popeye – I mean come on, who didn’t right?

Steve Wynn of casino fortune scooped up Jeff Koons’ Popeye sculpture last night for a whopping $28,000,000.00. Sotheby’s Contemporary Art Evening Auction auctioned off this one-of-three oversized (1-ton, 7 foot tall) shiny sculptures, exceeding many expectations of what the piece would fetch.

As you would expect, Wynn plans on installing it at his casino in Las Vegas. I’ll be sure to check it out in person if I’m ever back in sin city!

“Popeye represents the beginning and the end of pop art,” said Alexander Rotter, co-head of contemporary art at Sotheby’s. He points out that one of the first paintings by Andy Warhol was of Popeye and Roy Lichtenstein did a famous Popeye piece. For Koons, Popeye was a boyhood hero. “There was something about the little guy that becomes giant,” Rotter said.

Billionaire Steve Wynn buys Jeff Koons’ Popeye sculpture for $28 million.