Gustav Klimt painting sells for record-breaking $236.4m at auction

The bidding started at $130m for Gustav Klimt's Portrait of Elisabeth Lederer and six bidders competed for 20 minutes at the Sotheby’s auction on Tuesday night in New York. The painting sold for a record-breaking $236.4m (£179.7m) with fees, making it the most expensive work of modern art sold at auction. It was painted between 1914 and 1916 and shows Lederer, a young heiress who was the daughter of Klimt’s patrons, draped in a Chinese robe Gustav Klimt portrait sells for $236.4m, making it the second most expensive artwork ever sold at auction ► https://www.theguardian.com/artanddes... Subscribe to Guardian News on YouTube ► https://www.youtube.com/user/guardian... The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today ► https://support.theguardian.com Sign up to the Guardian's free new daily newsletter, First Edition ► http://theguardian.com/first-edition Website ► https://www.theguardian.com Facebook ►  / theguardian   Instagram ►   / guardian   Bluesky ► https://bsky.app/profile/theguardian.com The Guardian on YouTube: The Guardian ►    / @theguardian   Guardian Australia ►    / @guardianaustralia   Football Weekly podcast ►    / @footballweeklypodcast   Guardian Football ►    / @guardianfootball   Guardian Sport ►    / @guardiansport   It's Complicated ►    / @itscomplicated   Guardian Live ►    / @guardianlive   #Gustav Klimt #Elisabeth Lederer #Sothebys #Auction