This past November, Francis Bacon’s triptych ‘Three Studies of Lucian Freud’ sold for $142 million at Christie’s in New York, making it the most expensive painting ever sold at auction. Rumors swirled after the buyer’s name was not immediately revealed, with some speculating that Paul G. Allen, the cofounder of Microsoft and an avid art collector, had purchased the painting.

Nearly two months after the sale, it has been reported that the buyer was Elaine Wynn, former wife of Las Vegas casino owner and collector Steve Wynn. Elaine Wynn, who is a co-founder of the Wynn Casino empire, is estimated to have a net worth of $1.9 billion. The couple, who divorced in 2010, are the owners of a remarkable art collection and Ms. Wynn serves on the board of the Los Angeles County Museum of Art.

Painted in 1969, ‘Three Studies’ depicts Bacon’s friend and artistic rival, Lucian Freud. It is one of only two existing full-length triptychs of Freud and it was included in the Grand Palais’ Bacon retrospective in Paris during the early 1970s.