Paintings on auction are big business. At least if you’ve made legendary painting and are referred to as Pablo Picasso. His latest painting, “Nude, Green Leaves and Bust” sold for a new auction world record; $US 106.5. No other painting or work of art at auction have ever sold for such a sum. The auction started with 10 bidders and even at $88 million, two bidders remained.

What do you think – is it worth it to spend over $100 millions on a piece of art?