Pollock world's most expensive painting

A classic "drip" picture by Jackson Pollock is believed to have become the world's
most expensive painting after it was sold in America by the Hollywood entertainment mogul David Geffen for $140 million (£75 million).  

In a private deal brokered by Sotheby's, the painting 'No.5, 1948', has been bought by David Martinez, a Mexican financier.

The price beats the recent record set by the cosmetics heir Ronald Lauder who paid $135 million (then £73 million) also in a private sale for Gustav Klimt's portrait, Adele Bloch-Bauer, a German-Jewish sugar heiress, in June.

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