Despite Prince Bader's relatively obscure status, he is seen as a close friend of Crown Prince Mohammed bin Salman and has become more prominent in the kingdom since the crown prince's ascension.
The new branch of the Louvre in Abu Dhabi will exhibit Leonardo da Vinci's portrait of Christ, "Salvator Mundi", which at $450.3 million became the most expensive painting ever sold at a NY auction last month. The crown prince of Saudi Arabia and his counterpart in Abu Dhabi enjoy a close working relationship and on 5 December their countries announced the formation of a Joint Cooperation Committee to formalise existing collaboration on military, political, economic and cultural matters. However the identity of the buyer has remained an elusive secret with speculation now focusing on the Abu Dhabi Royals as the purchaser.
Christie's said that most scholars, however, still believe that the Salvator Mundi they recently sold was the one painted by da Vinci.
A Saudi prince has been revealed as the buyer of the world's most expensive painting, priced at a staggering $450 million in an auction at the world-famous Christie's Auction House in November.
Prince Bader was also made the chairman of the Saudi Research and Marketing Group, which is controlled by the Salman branch of the royal family.
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"Da Vinci's Salvator Mundi is coming to #Louvre Abu Dhabi", the museum said on its Twitter feed late Wednesday evening.
The result obliterated previous world records for an art sale of any kind, including the auction high of US$179.4 million for a Pablo Picasso painting sold in 2015.
Featuring a vast silver-toned dome, the Louvre Abu Dhabi was designed by French architect Jean Nouvel, drawing inspiration from Arab design and evoking both an open desert and the sea.
The museum opened with some 600 pieces including items from early Mesopotamia.
The first works on loan from the Louvre in Paris include another painting by Da Vinci: La Belle Ferronniere, one of his portraits of women. Under a 30-year agreement, France provides expertise, lends works of art and organises exhibitions in return for one billion euros ($1.16bn). The report stated the price of the painting went up to $400 million, which ended the auction with Prince Bader winning the bid. It was sold for just thousands in 2005 but was bought again in 2013 for $127.5 million by Russian billionaire Dmitry Rybolovlev.