Skip to content
Subscriber Only

Billionaires Help Christie’s to Record $745 Million Sale

Christie’s was propelled to its biggest auction ever by selling $745 million worth of art, fueled by Barnett Newman and Francis Bacon paintings and billionaires from around the world who competed for the masterpieces.

The tally yesterday in New York surpassed the auction house’s results in November of $691.6 million and last May’s total of $495 million for postwar and contemporary artworks. The two top lots -- Newman’s “Black Fire I” and Bacon’s “Three Studies for a Portrait of John Edwards” -- accounted for $165 million of last night’s total.