Featured
Microsoft co-founder Paul Allen’s art collection sold for $1.6 billion
An auction of paintings and sculptures from the collection of Microsoft co-founder Paul Allen fetched a record $1.6 billion over two days, Christie’s auction house said on Thursday.
The successful auction in New York, where five works fetched more than $100 million each, was a sign that the art market continues to grow despite global economic uncertainty in the wake of the Ukraine war.
It is reported that the record figure for an art auction had been set on Wednesday evening with more than $1.5 billion sold, Christie’s said in a statement. The second day of the sale on Thursday fetched $116 million. “The Paul G. Allen collection attracted tens of thousands of visitors to Christie’s galleries around the world, and has now made history, setting the record for the most valuable auction sale ever,” said Guillaume Cerutti, CEO of Christie’s, in a statement.
-
Latest4 days agoMakinde declares 2027 presidential bid under PDP–APM alliance
-
Business3 days agoNigeria: Whither the fruits of 2026 crude oil windfall?
-
Comments and Issues4 days agoPolitical Parties Primaries: Consensus or Coronation?
-
Featured4 days agoObasanjo faults Tinubu’s economic reforms, calls them necessary but poorly designed
-
Business5 days agoAnger, debate trail proposed $1.25bn loan amid concerns over Nigeria’s debt surge
-
Business2 days agoTrump-Xi summit sparks fresh questions for Nigeria’s economy, tech sector
-
Featured4 days agoWike dismisses political speculation over meeting with APC Chairman Yilwatda
-
Latest4 days agoWike says Makinde’s presidential ambition dead on arrival