AP
Elaine Wynn
The buy set a record for a work of art sold at auction, the Wall Street Journal reports. Wynn put the piece on temporary exhibit at the Portland Art Museum, but her long-term plans for the painting are unclear. It will be on display in Portland until March 30.
"Three Studies of Lucian Freud" depicts Sigmund Freud's grandson, a fellow painter and friend of Bacon's.
Bacon is known for his figurative portraits of men. He died in 1992.
Wynn's estimated net worth is $1.9 billion, according to the New York Times. She's director of Wynn Resorts and sits on the board of Wynn Las Vegas.
Here's the painting:
AP