Late Microsoft co-founder Paul Allen’s art collection fetches $1.5bn

Updated : Nov 12, 2022 13:03
|
Editorji News Desk

Christie's auction house in New York witnessed an auction like never before. Dozens of works by prominent artists have been sold for a total of over 1.5 USD billion at an auction of the late Microsoft co-founder Paul Allen collection. 

Christie's, as per The Guardian, said the collected amount was the highest ever collected at a single auction.

Part of Allen's vast collection of paintings and sculpture, also comprising works of 19th century painters Paul Cezanne and Van Gogh were put up for auction. 

The proceeds will be donated for philanthropic purposes, in line with late Microsoft co-founder's wish, who passed away in 2018.

Several winning bids reportedly broke previous records and surpassed the sales expectation estimated by Christie's. Many of the works dated over 500 years back, all of which were personally picked by Allen.

Also watch: Egypt discovers potential final resting place of Queen Cleopatra

New YorkMicrosoftAuction

Recommended For You

editorji | World

Trump orders US military to 'shoot and kill' Iranian small boats choking Strait of Hormuz

editorji | World

India is a great country: Trump after controversial social media repost

editorji | World

Trump says Iran violated truce as doubt surrounds peace talks

editorji | World

Iran says 'no decision' yet on joining new round of US peace talks

editorji | World

US to blockade Iran ports 'as long as it takes': Pentagon chief