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Wynn Is Selling $150 Million of Warhol, Picasso Works

  • Three paintings will be offered at Christie’s auctions in May
  • ‘Superman’ by Andy Warhol was sold at Art Basel in Hong Kong

Embattled casino mogul Steve Wynn is selling several works by Andy Warhol and Pablo Picasso estimated at more than $150 million, according to people familiar with the matter.

The billionaire former chief executive officer of Wynn Resorts Ltd., who stepped down in February amid sexual harassment allegations that he’s denied, is the anonymous seller of at least three paintings offered at Christie’s next month, said the people, who asked not to be identified because the information is private. Another of Wynn’s paintings was sold last month at Art Basel Hong Kong, one of the people said. Wynn and Christie’s declined to comment.