HomeEconomyMicrosoft co-founder's estimated $1 billion private collection goes up for auction

Microsoft co-founder’s estimated $1 billion private collection goes up for auction

All proceeds from the sale will be donated to charity, per the last wishes of Paul Allen, who died in 2018.

Part of the private collection of Microsoft co-founder Paul Allen was unveiled Wednesday in Los Angeles for auction by Christie’s, which estimates its total value at $1 billion, which would be a record.

Entitled “Visionary,” the sale takes place in New York on November 9-10 and features more than 150 works, including paintings by Vincent van Gogh and Gustav Klimt, as well as French painters Claude Monet and Paul Gauguin.

The current record for private collections was set last spring by the American couple Harry and Linda Macklowe, with $922 million at various auctions at Sotheby’s.

Exhibition in several countries

According to Christie’s, the most expensive pieces in Paul Allen’s collection are Paul Cézanne’s ‘Sainte-Victoire Mountain’, with an estimated price of $120 million, and Vincent Van Gogh’s ‘Orchard with Cypresses’, with an estimated price of 120 million dollars. estimated at $100 million.

Part of the collection will be shown to the public before the sale in Los Angeles, London, Paris, Shanghai and New York. Paul Allen, who died of cancer at the age of 65, imagined with Bill Gates the operating system for personal computers that would make the success of Microsoft, founded in 1975.

Author: GA with AFP
Source: BFM TV

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