Ken Griffin spends reported $500m on two Abstract Expressionist paintings

The billionaire hedge-funder Ken Griffin has bought two Abstract Expressionist paintings for around $500m fr om the business magnate David Geffen’s foundation, according to Bloomberg Businessweek.
Griffin purchased Willem de Kooning’s Interchange (1955) for around $300m and Jackson Pollock's Number 17A (1948) for around $200m in a deal reportedly completed last Fall. The paintings were both on view last September at the Art Institute of Chicago, wh ere Griffin is a trustee.The sale