September 29, 2022

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Estimated at over a billion dollars |  Paul Allen's art collection to be auctioned

Estimated at over a billion dollars | Paul Allen’s art collection to be auctioned

(NEW YORK) The collection of late Microsoft co-founder Paul Allen will be auctioned in November at a sale organized by Christie’s in New York, the auction house announced Thursday, with an estimate of more than $1 billion. Complete registration.

Updated yesterday at 11:37.

More than 150 works, including paintings, will be proposed Mount Saint-Victoire French painter Paul Cézanne is valued at more than $100 million, according to a press release.

According to Christie’s, all proceeds from the sale will be donated to charity.

Paul Allen, who died of cancer in 2018 aged 65, co-imagined Microsoft’s successful operating system for personal computers, founded in 1975, with Bill Gates.

He left the group in 1983 due to health problems as his relationship with Bill Gates, who was in charge until 2000, deteriorated.

The current record for a private collection was set last spring by American couple Harry and Linda Macklow, $922 million in multiple auctions at Sotheby’s.

Apart from Cézanne, one of Paul Allen’s trophies Small false start American painter Jasper Johns is estimated to be worth more than $50 million The New York Times.

Christie’s hasn’t communicated about the rest of the area, but a traveling exhibition mounted in 2016 on Paul Allen’s collection gives a glimpse of its richness.

You can find paintings by Monet, Manet, Bruegel the Year, Klimt, Hockney or Richter.

With this sale, it follows Macklow’s collection and portrait of Marilyn Monroe Shot sage blue marlin By Andy Warhol, it went for $195 million in early May (a record for XX’s worke century), the current year may go down as one of the most important in the history of the art market.

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“The inspirational nature of Paul Allen, the extraordinary quality and diversity of the works and the targeting of the proceeds of the sale for the works form a unique combination that will make the sale of the Paul Allen Collection an event of unprecedented scale,” he commented. Christie’s general manager Guillaume Cerutti was quoted as saying in the press release.