Painting sells for a ridiculous amount!

Ha, Edvard Munch's painting 'the scream' sells for $119,922,500?
Are you kidding me?
1. The artist could have enjoyed even a quarter of that amount when he was alive.
2. Its a horrible pastel drawing on cardboard.
3. The man was mad.
4. People got money to throw away.
5. I cannot see such a horrible drawing hanging in My living room.