Rare Gustav Klimt painting sells for a record $236.4 million [MSNBC.com]
Estee Lauder Companies, Inc. (The) (EL)
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Source: MSNBC.com
U.S. newsKlimt's 'Portrait of Elisabeth Lederer' goes for $236.4 million, becoming priciest modern artwork ever auctionedIt's part of an Estée Lauder heir's private art collection being auctioned at Sotheby's.'s fall art auctions expected to bring in $1.4 billion02:58Get more newsLiveNov. 18, 2025, 7:00 AM EST/ByAdam ReissGustav Klimt's "Portrait of Elisabeth Lederer" sold for an astonishing $236.4 million Tuesday, making it the most expensive auction sale of a work of modern art.The price also means it is the second-most-valuable work of art that has crossed an auction block.The sale Tuesday at Sotheby's came from one of the most anticipated art sales in the last several years: the private art collection of Leonard Lauder, the philanthropist, cosmetics heir and legendary collector who helped shape American museums — much like his mother, Estée Lauder, shaped beauty culture as a giant of cosmetics.The pieces in Tuesday's sale fetched more than a half a billion dollars, with Sotheby's
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