New York businessman Leon Black has been revealed as the man who bought the most expensive artwork ever sold at auction, Edvard Munch's The Scream.

The financier, who is worth an estimated $3.4bn (£2.2bn), reportedly paid $119.9m for Munch's 1895 pastel - one of only four versions of the work in existence - at Sotheby's in May.

The 60-year-old businessman, a well-known art collector, currently sits on the boards of New York's Metropolitan Museum of Art and the Museum of Modern Art.

His collection is thought to be worth $750m, and includes works by Vincent van Gogh, Raphael and JMW Tuner.

Black clinched the purchase following a dramatic 12-minute auction, which began with a reserve price of $40m. He was reportedly up against eight other bidders, but these rivals began to drop out once the price had gone past $80m.

This is not the first time Black has entered the record books by purchasing a piece of art. In 2009, he paid Christie's $47.6 million for a Raphael chalk drawing, Head of a Muse - at the time a record auction price for a work on paper.

But who is Leon Black?

IBtimes UK gets to know the billionaire a little better...