David Hockney has become the world’s most expensive living artist. His Portrait of an Artist (Pool with Two Figures) sold at Christie’s in New York last night for$90,312,500. It had been estimated at up to $80 million. After the bidding passed the $70 million mark there was a ten minute bidding battle between two rival bidders on the telephone.
The previous living artist record was held by Jeff Koons whose stainless steel Balloon Dog (Orange) sold for $58 million in 2013.
The Post-War and Contemporary Art Evening Sale sale attracted buyers from 33 countries across five continents and totalled $357,622,500.
There were five new auction records for Hockey, Sam Gilliam (Lady Day II made $2.1 million), Pierre Soulages (Peinture 186 x 143 cm, 23 december 1959 made $10.6 million), Robert Colescott (Cultural Exchange made$912,500) and a record for a work on paper by Philip Guston (Windown $3.1 million).