Fernand Léger Trois femmes à la table rouge ($5-7 million). (Click on image to enlarge). UPDATE: THIS MADE $7.2 MILLION.
A Léger from the collection of Madonna, who has a passion for art, is to be auctioned for charity. Proceeds from the sale of Fernand Léger’s Trois femmes à la table rouge estimated at $5-7 million will benefit the Ray of Light Foundation to support girls’ education projects in Afghanistan, Pakistan and other countries. The painting will feature at Sotheby’s Impressionist and Modern evening art sale in New York on May 7.
Madonna acquired the work at Sotheby’s in New York in 1990 and it has been in her collection since. “I have chosen to auction this painting called “Three Women” by Fernand Léger and donate all the proceeds to support girls’ educational projects in Afghanistan, Pakistan and other countries where female education is rare or nonexistent” she is quoted as saying. “I cannot accept a world where women or girls are wounded, shot or killed for either going to school or teaching in girls’ schools. We don’t have time to be complacent. I want to trade something valuable for something invaluable – Educating Girls! Knowledge is power. Let’s change the world!”.
UPDATE: THIS MADE $7.2 MILLION IN A SALE WITH A $230 MILLION TOTAL.