News Tech: NEW YORK (AP) — Some 150 artworks from the collection of Microsoft co-founder Paul G. Allen will be auctioned at Christie’s in New York this fall and are expected to bring in more than $1 billion in total, Christie’s and Allen’s estate announced Friday.
Allen, who co-founded Microsoft with his childhood friend Bill Gates, died from complications of non-Hodgkin’s lymphoma in 2018. In his lifetime he gave more than $2 billion to causes including ocean health, homelessness and advancing scientific research.
The works to be auctioned span 500 years of art history from Old Masters to the giants of modern art, Christie’s said, adding that all proceeds will go to philanthropy.
Highlights of the upcoming sale include Paul Cézanne’s “La Montagne Sainte-Victoire,” completed in 1890 and estimated to sell for more than $100 million, and Jasper Johns’ “Small False Start” from 1960, estimated at $50 million. Other details of the artworks to be auctioned were not released.