The China Mail - Auctioneers unveil Microsoft co-founder's $1 bn art collection

USD -
AED 3.672498
AFN 66.379449
ALL 81.856268
AMD 381.460099
ANG 1.790403
AOA 916.999972
ARS 1448.821401
AUD 1.488793
AWG 1.80025
AZN 1.701257
BAM 1.658674
BBD 2.014358
BDT 122.21671
BGN 1.660398
BHD 0.376941
BIF 2957.76141
BMD 1
BND 1.284077
BOB 6.926234
BRL 5.527896
BSD 1.00014
BTN 89.856547
BWP 13.14687
BYN 2.919259
BYR 19600
BZD 2.011466
CAD 1.36735
CDF 2200.000532
CHF 0.78811
CLF 0.023053
CLP 904.350015
CNY 7.0285
CNH 7.00831
COP 3728.15
CRC 499.518715
CUC 1
CUP 26.5
CVE 93.513465
CZK 20.59155
DJF 177.719617
DKK 6.335145
DOP 62.690023
DZD 129.570713
EGP 47.543199
ERN 15
ETB 155.604932
EUR 0.848075
FJD 2.269199
FKP 0.740634
GBP 0.73996
GEL 2.685028
GGP 0.740634
GHS 11.126753
GIP 0.740634
GMD 74.497147
GNF 8741.153473
GTQ 7.662397
GYD 209.237241
HKD 7.774085
HNL 26.362545
HRK 6.389498
HTG 130.951927
HUF 330.219498
IDR 16733.9
ILS 3.191302
IMP 0.740634
INR 89.83185
IQD 1310.19773
IRR 42124.999596
ISK 125.5201
JEP 0.740634
JMD 159.532199
JOD 0.70901
JPY 156.223496
KES 128.95038
KGS 87.450238
KHR 4008.85391
KMF 417.99997
KPW 899.988547
KRW 1434.629898
KWD 0.30716
KYD 0.833489
KZT 514.029352
LAK 21644.588429
LBP 89561.205624
LKR 309.599834
LRD 177.018844
LSL 16.645168
LTL 2.95274
LVL 0.60489
LYD 5.412442
MAD 9.124909
MDL 16.777482
MGA 4573.672337
MKD 52.221902
MMK 2100.202105
MNT 3556.654488
MOP 8.011093
MRU 39.604456
MUR 45.949883
MVR 15.450153
MWK 1734.230032
MXN 17.939295
MYR 4.035502
MZN 63.909799
NAD 16.645168
NGN 1450.279682
NIO 36.806642
NOK 9.99173
NPR 143.770645
NZD 1.71264
OMR 0.384239
PAB 1.000136
PEN 3.365433
PGK 4.319268
PHP 58.803498
PKR 280.16122
PLN 3.575815
PYG 6777.849865
QAR 3.645469
RON 4.319198
RSD 99.590227
RUB 78.895207
RWF 1456.65485
SAR 3.750699
SBD 8.153391
SCR 14.448121
SDG 601.503172
SEK 9.167825
SGD 1.283975
SHP 0.750259
SLE 24.07504
SLL 20969.503664
SOS 570.585342
SRD 38.335504
STD 20697.981008
STN 20.777943
SVC 8.75133
SYP 11058.430888
SZL 16.631683
THB 31.080166
TJS 9.19119
TMT 3.51
TND 2.909675
TOP 2.40776
TRY 42.866602
TTD 6.803263
TWD 31.4238
TZS 2469.999889
UAH 42.191946
UGX 3610.273633
UYU 39.087976
UZS 12053.751267
VES 288.088835
VND 26282.5
VUV 120.842065
WST 2.78861
XAF 556.301203
XAG 0.013898
XAU 0.000223
XCD 2.70255
XCG 1.802508
XDR 0.692121
XOF 556.303562
XPF 101.141939
YER 238.450136
ZAR 16.63864
ZMK 9001.200271
ZMW 22.577472
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • RYCEF

    -0.0300

    15.53

    -0.19%

  • NGG

    0.2500

    77.49

    +0.32%

  • GSK

    0.1100

    48.96

    +0.22%

  • RIO

    -0.0800

    80.89

    -0.1%

  • CMSD

    0.1200

    23.14

    +0.52%

  • RBGPF

    0.0000

    81.26

    0%

  • BTI

    0.2000

    57.24

    +0.35%

  • BCE

    0.2800

    23.01

    +1.22%

  • CMSC

    0.0100

    23.02

    +0.04%

  • VOD

    0.0400

    13.1

    +0.31%

  • RELX

    -0.0400

    41.09

    -0.1%

  • JRI

    0.0600

    13.47

    +0.45%

  • AZN

    0.3100

    92.45

    +0.34%

  • BP

    -0.2700

    34.31

    -0.79%

  • BCC

    1.4800

    74.71

    +1.98%

Auctioneers unveil Microsoft co-founder's $1 bn art collection
Auctioneers unveil Microsoft co-founder's $1 bn art collection / Photo: © AFP

Auctioneers unveil Microsoft co-founder's $1 bn art collection

Auctioneers unveiled the most expensive art collection ever to go under the hammer Wednesday, which belonged to Microsoft co-founder Paul Allen and is valued at $1 billion.

Text size:

Five centuries of touchstone works featuring some of the most significant creators in history are being sold next month.

The collection of more than 150 pieces includes work by Vincent Van Gogh, Claude Monet, Paul Gauguin and Jasper Johns.

"I think this is a sale that sort of exhausts superlatives," said Johanna Flaum, vice-chairman of 20th and 21st Century Art at auctioneers Christie's.

"This is... the most valuable collection ever sold at auction. It's really a once-in-a-generation type of event."

Highlights include "La montagne Sainte-Victoire" by Paul Cezanne, which is expected to fetch at least $120 million, and "Verger avec cypres" by Van Gogh, whose hammer price is estimated at over $100 million.

Allen co-founded Microsoft with Bill Gates in 1975, becoming fabulously rich as the company grew into the computing behemoth it is today.

By the time he died in 2018 at the age of 65, he had bought some of the most important works created in the last half a millennium.

"The collection is quite wide-ranging, it really makes Paul Allen a unique collector in that sense," said Flaum.

The previous most expensive collection sold at auction was the Macklowe collection whose two tranches netted $922 million.

The auction will take place in New York on November 9 and 10. All proceeds due to Allen's estate are to be dedicated to philanthropy, in line with his wishes.

Parts of the collection will be available for public viewing in Los Angeles, London, Paris, Shanghai and New York ahead of the sale.

Q.Moore--ThChM