Paul Allen Said to Be Seller of $35 Million Richter Jet Painting
- It’s the highest value of 18 Richters slated for auction
- ‘Dusenjager’ sold for $11.2 million in 2007 at Christie’s
Richter's Düsenjäger, 1963
Source: PhillipsBillionaire Paul Allen could triple his investment when his Gerhard Richter painting of a jet fighter hits the auction market for as much as $35 million.
The painting will lead Phillips’ evening sale of 20th century and contemporary art on Nov. 16 in New York. Allen is said to be the owner, according to people familiar with the matter, who asked not to be identified because the information is private. The work sold for $11.2 million in 2007 at Christie’s in New York, an auction record at the time for the artist.