Paul Allen's Art Collection Tops $1 bn at Christie's

'The Conversation' by David Hockney, part of Paul Allen's art collection, is on display at Christie's Los Angeles on October 12, 2022 Frederic J. BROWN AFP
'The Conversation' by David Hockney, part of Paul Allen's art collection, is on display at Christie's Los Angeles on October 12, 2022 Frederic J. BROWN AFP
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Paul Allen's Art Collection Tops $1 bn at Christie's

'The Conversation' by David Hockney, part of Paul Allen's art collection, is on display at Christie's Los Angeles on October 12, 2022 Frederic J. BROWN AFP
'The Conversation' by David Hockney, part of Paul Allen's art collection, is on display at Christie's Los Angeles on October 12, 2022 Frederic J. BROWN AFP

Paintings and sculptures from the collection of late Microsoft co-founder Paul Allen were auctioned off for a historic $1 billion Wednesday, Christie's auction house said, with records set for works by Van Gogh, Cezanne, Gauguin, Seurat and Klimt.

At the end of the night Wednesday, five paintings entered the exclusive club of works of art sold for more than $100 million at auction, the New York auction house said.

The most expensive piece of art of the evening, Georges Seurat's 1888 work "Les Poseuses, Ensemble (small version)", a renowned work of pointillism, fetched $149.24 million, including fees, Christie's said.

The auction house had announced that all the proceeds would be donated to charity, said AFP.

While only 60 of 150 lots were sold on Wednesday, with the rest to be auctioned off Thursday, the value of the collection has already surpassed the previous record for the Macklowe collection, named after a wealthy New York couple, which fetched $922 million at competitor Sotheby's earlier this spring.

The two-day sale in New York came as experts say the super wealthy are viewing art as a safe investment this year amid a tumultuous global economy and Russia's war in Ukraine.

Allen made his fortune with the establishment of the PC operating system with his better-known Microsoft co-founder Bill Gates in 1975.

He amassed a huge art collection which he used to lend to museums before his death in 2018 at the age of 65.

Allen left Microsoft in 1983, due to health problems and a deteriorating relationship with Gates, who remained in charge of the company until 2000.

Despite their strained friendship, Allen signed Gates's "Giving Pledge" campaign and all proceeds from the auction are to be donated to charitable causes.

At auction Wednesday, French painter Paul Cezanne’s "La Montagne Sainte-Victoire" fetched $137.8 million, almost double the artist’s auction record.

A work by Vincent Van Gogh, "Orchard with Cypresses," broke the Dutch artist's previous record, bringing in $117.2 million.

A painting from Paul Gauguin's Tahitian period, "Maternity II," brought $105.7 million.

Austrian painter Gustav Klimt's "Birch Forest" brought in $104.6 million.

Another 95 works from Allen's collection go on sale Thursday.



Coffee Overtaking Tea Culture in the UK

“Fancy a brew?” is no longer as familiar as it once were as coffee has overtaken tea in the UK (Getty)
“Fancy a brew?” is no longer as familiar as it once were as coffee has overtaken tea in the UK (Getty)
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Coffee Overtaking Tea Culture in the UK

“Fancy a brew?” is no longer as familiar as it once were as coffee has overtaken tea in the UK (Getty)
“Fancy a brew?” is no longer as familiar as it once were as coffee has overtaken tea in the UK (Getty)

Discover the hidden gem of the UK's coffee culture, where vibrant independent cafes outshine the chains, offering a unique blend of flavors and atmospheres.

“Fancy a brew?” “I'll put the kettle on then.” Hearing those words are no longer as familiar as it once were as coffee has overtaken tea in the UK, The Daily Express newspaper reported on Monday.

It said grabbing a coffee either on the go or at a café is as part of British culture these days as it is in Italy.

But while every person has its favorite chain, be it Pret, Starbucks, Costa or Cafe Nero, nothing beats finding a decent independent coffee shop one can call home especially when it can seem high streets are dominated by the same chains.

So with the demand for coffee only growing, where is the best spot in the UK to find an independent coffee shop?

A study by Reviva Coffee reveals the UK city that is the hidden gem when it comes to thriving coffee culture.

And it probably isn't where you'd expect. In fact this county is synonymous with tea. Yorkshire Tea, to be precise.

However the study discovered the best UK city to find independent coffee shops is in the Yorkshire city of Leeds. It has a staggering 584 coffee shops, of which 86.3% are independent, and just under 14% are chains.

Placing second is Edinburgh. Whether you’re a coffee connoisseur or just needing a cosy pit stop, Edinburgh has you covered with its outstanding coffee scene with 560 shops, 85% of which are independents.

In third for best UK cities for independent coffee shops is Bristol which has 347 coffee shops, 86.3% of which are independent.