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Late Microsoft Co-Founder’s Art Collection Sells For $1.5 Billion

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The art collection of Paul Allen, the man who co-founded Microsoft with Bill Gates in 1975 has garnered $1.5 billion in auction.

Allen who passed away in 2018, helped spearhead the computer revolution of the ’80s and ’90s, and while doing so obtained an impressive art collection.

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According to fine art auctioneer Christie’s, the sale of Allen’s personal collection was the largest art auction in history, garnering $1.5 billion.

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The collection included works from the likes of Vincent van Gogh, Pablo Picasso and Gustav Klimt — many of which sold for more than $100 million each, breaking individual records for the artists.

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The most expensive item sold was Georges Seurat’s 1888 work “Les Poseuses, Ensemble” (small version), which was purchased for $149.2 million, including fees.

 

Before Allen’s art auction, the highest-grossing auction was the Macklowe collection, which brought in $922 million in early 2022.

 

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The auction house said proceeds from the auction of Allen’s artwork will be donated to charities supported by the late Microsoft co-founder before his death in 2018.

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Written by How Africa News

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