Aug 26, 2022

Paul Allen: Largest art auction ever to sell Microsoft co-founder's $1bn collection

An estimated $1bn worth of art belonging to the late Microsoft co-founder Paul Allen will be sold at the largest art auction in history. Christie's auction house said proceeds of the November sale would be given to charity, as Mr Allen wished. Mr Allen, who co-founded Microsoft in 1975 with his childhood friend Bill Gates, died in 2018 aged 65.The auction will sell 150 works of art spanning 500 years. "The inspirational figure of Paul Allen, the extraordinary quality and diversity of works, and the dedication of all proceeds to philanthropy, create a unique combination that will make the sale of the Paul G Allen Collection an event of unprecedented magnitude," he said. The collection "Reflects the diversity of his interests, with their own mystique and beauty", said Jody Allen, Mr Allen's sister, the executor of the estate.

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