Leonardo DiCaprio bought a painting at contemporary art fair Volta NY merely hours after the show opened, according to Page Six's hipster insiders.


Apparently, the piece was by longtime DiCaprio pal Jean-Pierre Roy and is titled "Landscape With Divergent Perceptual Reference Frames." He reportedly paid $38,000 to Gallery Poulsen for it.

The show is one of the fairs running during Armory Week at Pier 90. A source also revealed to Page Six that Leo and Jean-Pierre go way back and are "friends from elementary school."

"He's a talented artist whom Leo collects," said the source.

Kevin Mazur / Getty Images for NARAS

Among the famous faces chilling with the avant-garde crowd at the Armory Show on Friday were Alicia Keys and Swizz Beatz, James Franco, Michael Eisner and Alexander Wang, Page Six reports.

[View the piece Leo purchased here.]