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    Divorce art auction raises $676 million in New York

    Chronicle EditorBy Chronicle EditorNovember 16, 2021No Comments2 Mins Read
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    The Macklowe collection went on sale at Sotheby's in New York on Monday
    The Macklowe collection went on sale at Sotheby's in New York on Monday
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    Paintings and sculptures by famous artists including Andy Warhol and Jackson Pollock have sold at auction in New York.

    The collection raised more than $676 million (£503m) at auction on Monday.

    The 35 pieces belonged to real estate mogul Harry Macklowe and his former wife Linda. The pair were told to sell the collection and split the proceeds during their 2018 divorce trial.

    A further 35 pieces of art are set to go up for auction next year.

    The items up for sale included “No 7”, a painting by Mark Rothko which sold for $82.5m – the second highest price for a piece by the artist.

    It’s not clear who the buyer was but according to Reuters news agency, there was fierce bidding among people representing Asian clients.

    • Picasso works fetch nearly $110m in Las Vegas

    “Number 17, 1951”, a piece by Jackson Pollock, fetched $61.2 million.

    Andy Warhol’s “Nine Marilyn’s” silkscreen, which was made shortly after the actress Marilyn Monroe’s death, fetched $48.5 million.

    The collection was estimated to be worth $400 million and had toured several locations including Taipei, Hong Kong, Paris and London before returning to New York.

    Art dealer Andrew Fabricant told the New York Times that Linda Macklowe was the main collector and he had sold her many pieces that went up for auction on Monday.

    “Every single work in here is subtle and unique,” he said.

    The couple were granted a divorce last year after 59 years together. The pair could not come to an agreement on the value of the artworks and so a judge appointed an administrator to oversee the sale of the items.

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    Former Ghanaian First Lady and prominent women’s rights advocate Nana Konadu Agyeman-Rawlings has died at the age of 76.

    Nana Agyeman-Rawlings, former Ghanaian First Lady dies at 76

    October 23, 2025
    Davido meets French president Macron

    Davido meets French president Macron

    October 23, 2025
    The Oyo State Police Command has confirmed the arrest of a man, Lawal Faruq, who allegedly set fire to his ex-lover after their relationship ended.

    Police redeploy DPO caught slapping man in Abuja

    October 23, 2025
    2027: Youth leaders back Tinubu, call for single seven-year term

    Tinubu urges Amupitan to safeguard Nigeria’s electoral integrity

    October 23, 2025
    Amupitan resumes as INEC boss, pledges credible polls

    JUST IN: Tinubu swears in Amupitan as INEC chairman

    October 23, 2025
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