Billionaire, Family Office, Global, Global Investment, Luxury, News, Portfolio Management, Private Bankers, Wealth Management

Sotheby’s to Unveil $150 Million Amedeo Modigliani Painting in New York Auction

Sotheby’s to Unveil $150 Million Amedeo Modigliani Painting in New York Auction

Sotheby’s will unveil a painting by Amedeo Modigliani that is expected to fetch more than $150 Million in the coming New York auction on the 14th May 2018.  The 1917 painting is called “Nu couche” or “Reclining Nude”, painted by Italian, Amedeo Modigliani, who had lived from 1884 to 1920 and dying at the age of 35 from tuberculosis.

“ Sotheby’s to Unveil $150 Million Amedeo Modigliani Painting in New York Auction “

In 2003, the painting was sold for $26.9 million to Irish billionaire John Magnier from casino tycoon Steve Wynn at a Christie’s auction.  John Magnier is the owner of Coolmore Stud, the world’s largest breeder of thoroughbred racehorses.  Another painting by Amedeo Modigliani was sold for more than $170 million in a Christie’s auction in 2015.

Amedeo Modigliani’s works are highly valued due to his short life, with his most important works belonging to museums that includes the Metropolitan Museum of Art in New York, Tate Modern in London and Centre Pompidou in Paris.

Source: Sotheby’s, Bloomberg, CNBC

 

Video:

 

Video:

 


The Wealth Insider is the world’s leading wealth intelligence for global wealth managers, investments managers, asset managers, high net-worth service providers and wealthy individuals.  Our global workforce seamlessly present the inside news of the most relevant news, insights, global wealth trends, innovation & digital transformation to our global audience.

Get The Wealth Insider Daily

  • For Press Release,  please contact press@thewealthinsider.com
  • For Media-related enquiries, please contact media@thewealthinsider.com
  • For Advertisement, please contact our official ad agency
Previous ArticleNext Article