Pursuits

Billionaire Abramovich Buys Historic Kabakov Collection

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Billionaire Roman Abramovich and his partner, Dasha Zhukova, bought a major group of works by Ilya Kabakov, the priciest living Russian artist.

While the amount paid for the group last year hasn’t been disclosed, the asking price for the works ranged as high as $60 million, according to observers familiar with private art sales.