August 15, 2001

The art of being Bill Gates

Author: JT Smith

BusinessWeek: "I've never been invited to Bill Gates' home. But I'm told by
someone who has that outside his personal library hangs Lost
on the Grand Banks (1898), one of the masterworks of the
American artist Winslow Homer. Gates paid $36 million for the
painting in 1998, when he quietly bought it in a private
transaction that saw what is believed to be the highest price
ever paid for an American painting. The Room of Flowers by Childe Hassam, for which Gates
recently paid $20 million, hangs inside the library. In the hallway, visible from the library, is
Polo Crowd (1910), one of the greatest works by George Bellows. It was sold for $27.5 million
at a Sotheby's auction in December, 1999, to an anonymous buyer now known to have been
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