Another reason to tax the rich. Someone just paid more than 236 million dollars for a painting. [View all]
Klimt's 'Portrait of Elisabeth Lederer' goes for $236.4 million, becoming priciest modern artwork ever auctioned
Gustav Klimt's "Portrait of Elisabeth Lederer" sold for an astonishing $236.4 million Tuesday, making it the most expensive auction sale of a work of modern art.
The price also means it is the second-most-valuable work of art that has crossed an auction block.
The sale Tuesday at Sotheby's came from one of the most anticipated art sales in the last several years: the private art collection of Leonard Lauder, the philanthropist, cosmetics heir and legendary collector who helped shape American museums — much like his mother, Estée Lauder, shaped beauty culture as a giant of cosmetics.
The pieces in Tuesday's sale fetched more than a half a billion dollars, with Sotheby's still working to confirm a final number Tuesday night — and with 30 more lots to be auctioned Wednesday, a spokesperson said.
https://www.nbcnews.com/news/us-news/leonard-lauders-400-million-legacy-comes-auction-rcna244421
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