David Geffen sells home to Jeff Bezos, splashes $30 million on art

Geffen is selling his Beverly Hills mansion to Bezos for $165 million

David Geffen had a big week for buying and selling.

The media mogul snapped up the most expensive painting of the London auction season, paying $30 million for David Hockney’s “The Splash,” according to a person familiar with the transaction who asked not to be identified because the information is private.

Geffen, 76, had owned the 1966 canvas before, until he sold it around 1985, according to a Sotheby’s catalog. It was most recently owned by fugitive Hong Kong billionaire Joseph Lau, who bought in it 2006 for 2.9 million pounds ($3.78 million), according to another person.

Geffen was also relinquishing long-held possessions.

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