Archive · 19 Nov 2025
Klimt's 'Portrait of Elisabeth Lederer' Sets Modern Art Record at $236M
A painting by Gustav Klimt called 'Portrait of Elisabeth Lederer' was sold for $236 million at an auction.
This is the most money ever paid for a modern art piece.
The painting is one of only two full-length Klimt portraits still owned by private people.
It was taken by Nazis, but returned to the family after the war.
It was owned by a rich man named Leonard A. Lauder until he died this year.
Gustav Klimt's 'Portrait of Elisabeth Lederer' sold for $236 million at Sotheby's
The painting is one of two full-length Klimt portraits remaining in private hands
It is now the second most expensive artwork ever sold at auction
The painting was looted by Nazis, survived a fire during World War II, and was returned to the Lederer family in 1948
The painting was part of Leonard A. Lauder's collection until his death earlier this year
- Who
- Gustav Klimt, Elisabeth Lederer, Leonard A. Lauder
- What
- Sold a painting at an auction
- When
- Tuesday, November 16, 2021
- Where
- Sotheby's, New York
- Why
- To raise money for art
- Artist
- Gustav Klimt
- Artwork
- Portrait of Elisabeth Lederer
- Previous Owner
- Leonard A. Lauder
Sources
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Portrait of Elisabeth Lederer, painted by Gustav Klimt, fetches record price at an auction
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Gustav Klimt painting sells for $236 million at NY auction, what's the story of the record-breaking Portrait