Oprah Said to Snag $150 Million Selling Klimt to Chinese Buyer

The art world is feeling Oprah Winfrey’s Midas touch.

The billionaire entrepreneur sold a Gustav Klimt painting for $150 million in one of the biggest private art deals of 2016, according to a person with knowledge of the transaction. Winfrey, chief executive officer of the television channel Oprah Winfrey Network, bought “Portrait of Adele Bloch-Bauer II” for $87.9 million in 2006 at Christie’s in New York -- still an auction record for the Austrian artist. Since then, its value has risen about 71 percent.