Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

DiCaprio’s Movie Pals Aid Tiger in $39 Million Auction

Robert Longo 'Untitled (Leo)'
"Untitled (Leo)" (2013) by Robert Longo. The charcoal on paper drawing is estimated $250,000 to $350,000. Source: Christie's Images Ltd. via Bloomberg

May 14 (Bloomberg) -- Leonardo DiCaprio brought Hollywood to New York last night, as a Christie’s fundraiser for conservation that he helped organize raised about $39 million.

Records were broken for 13 artists, including Mark Grotjahn and Robert Longo, in a 33-lot auction that totaled $33.3 million including commissions. In addition, donors contributed $5.5 million.

“He’s the real deal,” Tobey Maguire said of his “Great Gatsby” co-star while leaving the Rockefeller Center saleroom. “He has a great vision and his feet on the ground.”

“The 11th Hour” charity auction was estimated to total $13 million to $18 million. The money is to support conservation projects world-wide, chosen by a team that includes Robert F. Kennedy, a clean-water advocate, and Philippe Cousteau, an environmentalist and grandson of Jacques Cousteau, the undersea explorer who died in 1997.

In remarks before the festive sale, DiCaprio said proceeds would aim to preserve “the last wild places on earth.”

“We are at the 11th hour,” said the actor, sporting slicked-back hair, a dark gray suit and a white shirt open at the collar. “We are facing a tipping point.”

Applause punctuated the largest bids. As Bradley Cooper, Salma Hayek and Mark Ruffalo looked on, DiCaprio himself snared a Takashi Murakami acrylic for $735,000. (Christie’s charged buyers a 5 percent commission, a fraction of its standard rate.)

Leonardo’s Tigers

DiCaprio is on the board of the nonprofit Natural Resources Defense Council. His personal foundation’s partnership with the World Wildlife Fund helped double the number of wild tigers living in Nepal’s Bardia National Park, according to the auction catalog.

Working with Christie’s specialist Loic Gouzer, he approached leading contemporary artists to donate works. According to Christie’s, all but two of the lots were tax-deductible -- for the portion of the purchase price above the midway point between the high and low estimates.

Several works depict creatures in need of protection. Longo’s large-scale charcoal drawing “Untitled (Leo)” portrays a tiger’s head up-close. Estimated at $250,000 to $350,000, it fetched $1.6 million.

Stewart Rahr, a philanthropist and former pharmaceutical mogul, paid $1.1 million for an oil portrait of a stern-faced DiCaprio that Elizabeth Peyton painted earlier this year.

“Leo’s a personal friend,” said a tanned Rahr when asked why he bought the painting. “And the environment.”

Top Lot

The top lot was Grotjahn’s cascading “Untitled (Standard Lotus No. 11, Bird of Paradise, Tiger Mouth Face 44.01).” Dealer Larry Gagosian bought it for $6.5 million.

Toby Usnik, Christie’s chief social responsibility officer, said he believes it was the largest-ever benefit for the environment. DiCaprio said in the catalog that less than 2 percent of philanthropy is for conservation.

Muse highlights include Scott Reyburn on art, Farah Nayeri on movies at Cannes.

To contact the reporters of this story: Philip Boroff in New York at pboroff@bloomberg.net; Katya Kazakina in New York at kkazakina@bloomberg.net;

To contact the editor responsible for this story: Manuela Hoelterhoff at mhoelterhoff@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.