Malaysian financier Low Taek Jho has attracted attention for his flashy lifestyle and real estate deals, as well as his connections to the prime minister’s family and the government’s troubled investment fund.

Now Low is once again creating buzz in the art world. Since Feb. 3, he has sold works by Claude Monet, Pablo Picasso and Jean-Michel Basquiat, according to three people familiar with the matter. They fetched about $54 million, with unusually steep losses on at least two pieces.

The artworks consigned by Low were among the top lots at Sotheby’s evening auction of Impressionist, modern and contemporary art in London this month. All three had been pledged as part of the collateral for a loan of about $100 million from Sotheby’s Financial Services, two of the people said, asking not to be named because the information is private.

Full Story: http://www.bloomberg.com/news/articles/2016-02-12/flashy-malaysia-financier-said-to-sell-picasso-basquiat-at-loss