Critics look askance at tycoon who renamed £20m Picasso

Richard Caring, with Goldie Hawn, is refurbishing his Mayfair nightclub. His Picasso will be given pride of place
Richard Caring, with Goldie Hawn, is refurbishing his Mayfair nightclub. His Picasso will be given pride of place
PAUL GROVER; DAVID M BENETT/GETTY

Pablo Picasso painted so many pictures of his muse Marie-Thérèse Walter wearing a beret that art historians struggle to tell one from another by title alone. So the decision by a restaurateur and property tycoon to rename his Picasso painting “Annabel” after his nightclub might have been seen as a helpful one.

However, Richard Caring, who owns Annabel’s in Mayfair, central London, has been criticised by art historians for presenting the painting in a “fake context”. Mr Caring, who also owns Le Caprice and The Ivy, is rumoured to have paid between £20 million and £30 million for The Girl with a Red Beret and Pompom last year.

The work is part of a series of portraits carried out by the artist in December 1937.