Source: CNBC
“Gustav Klimt’s ‘Portrait of Elisabeth Lederer’ sold at Sotheby’s Tuesday night for $236.4 million, making it the second-most expensive painting ever sold at auction — breathing new life into the high-end art market after three years of declines. The portrait is the most expensive work ever sold at auction at Sotheby’s, blowing past its original estimate of more than $150 million. … The Klimt was part of the collection of Leonard Lauder, the Estee Lauder heir and longtime art collector, that is expected to total over $400 million. Along with the Lederer portrait, the collection included two Klimt landscapes, which sold for $86 million and $68 million.” (11/19/25)
https://www.cnbc.com/2025/11/19/klimt-painting-sothebys-sale-price-art-market.html