The owner of Edvard Munch's "The Scream" has been revealed. Leon Black, the New York financier and head of the investment firm Apollo Global Management, is reported to be the person who paid $119.9 million for the highly coveted masterpiece.
The Wall Street Journal first reported Wednesday that "several people close to the collector" confirmed Black's purchase.
The version of "The Scream" sold at a Sotheby's auction in New York on May 2. The $119.9-million price set a record for the most expensive artwork sold at auction. Petter Olsen, the scion of a Norwegian shipping dynasty, had put the painting on the auction block.