Klimt Painting Brings $135 Million

Categories: Auctions & Prices|Published On: June 23, 2006|Views: 56|

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Ronald Lauder, a makeup magnate has paid $135 million for a painting by
Gustav Klimt. The sale of the 1907 portrait Adele Bloch-Bauer 1 has set a world
record for the highest known price paid for a painting at auction.

The previous record price for a painting was $104.1 million for Picasso’s
1905 “Boy with a pipe” at a Sotheby’s auction in 2004.

Klimt Painting Brings $135 Million

Categories: Auctions & Prices|Published On: June 23, 2006|Views: 56|

Share:

Ronald Lauder, a makeup magnate has paid $135 million for a painting by
Gustav Klimt. The sale of the 1907 portrait Adele Bloch-Bauer 1 has set a world
record for the highest known price paid for a painting at auction.

The previous record price for a painting was $104.1 million for Picasso’s
1905 “Boy with a pipe” at a Sotheby’s auction in 2004.