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
TT
20

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.



Scientists Release Plans for an Even Bigger Atom Smasher to Address the Mysteries of Physics

Mike Lamont, director for accelerators and technology, center left, and Fabiola Gianotti, center right, director general of the European Organization for Nuclear Research (CERN), speak with members of the U.S. House of Representatives in the Large Magnet Facility during a visit to CERN facilities in Meyrin, near Geneva, Switzerland, Friday, March 21, 2025. (Salvatore Di Nolfi/Keystone via AP)
Mike Lamont, director for accelerators and technology, center left, and Fabiola Gianotti, center right, director general of the European Organization for Nuclear Research (CERN), speak with members of the U.S. House of Representatives in the Large Magnet Facility during a visit to CERN facilities in Meyrin, near Geneva, Switzerland, Friday, March 21, 2025. (Salvatore Di Nolfi/Keystone via AP)
TT
20

Scientists Release Plans for an Even Bigger Atom Smasher to Address the Mysteries of Physics

Mike Lamont, director for accelerators and technology, center left, and Fabiola Gianotti, center right, director general of the European Organization for Nuclear Research (CERN), speak with members of the U.S. House of Representatives in the Large Magnet Facility during a visit to CERN facilities in Meyrin, near Geneva, Switzerland, Friday, March 21, 2025. (Salvatore Di Nolfi/Keystone via AP)
Mike Lamont, director for accelerators and technology, center left, and Fabiola Gianotti, center right, director general of the European Organization for Nuclear Research (CERN), speak with members of the U.S. House of Representatives in the Large Magnet Facility during a visit to CERN facilities in Meyrin, near Geneva, Switzerland, Friday, March 21, 2025. (Salvatore Di Nolfi/Keystone via AP)

Top minds at the world's largest atom smasher have released a blueprint for a much bigger successor that could vastly improve research into the remaining enigmas of physics.

The plans for the Future Circular Collider — a nearly 91-kilometer (56.5-mile) loop along the French-Swiss border and below Lake Geneva — published late Monday put the finishing details on a project roughly a decade in the making at CERN, the European Organization for Nuclear Research.

The FCC would carry out high-precision experiments in the mid-2040s to study “known physics” in greater detail, then enter a second phase — planned for 2070 — that would conduct high-energy collisions of protons and heavy ions that would “open the door to the unknown,” said Giorgio Chiarelli, a research director at Italy’s National Institute of Nuclear Physics, The AP news reported.

“History of physics tells that when there is more data, the human ingenuity is able to extract more information than originally expected,” Chiarelli, who was not involved in the plans, said in an e-mail.

For roughly a decade, top minds at CERN have been making plans for a successor to the Large Hadron Collider, a network of magnets that accelerate particles through a 27-kilometer (17-mile) underground tunnel and slam them together at velocities approaching the speed of light.

“Ultimately what we would like to do is a collider which will come up with 10 times more energy than what we have today,” said Arnaud Marsollier, a CERN spokesman. “When you have more energy, then you can create particles that are heavier.”

The blueprint lays out the proposed path, environmental impact, scientific ambitions and project cost. Independent experts will take a look before CERN's two dozen member countries decide in 2028 whether to go forward, starting in the mid-2040s at a cost of some 14 billion Swiss francs (about $16 billion).

CERN officials tout the promise of scientific discoveries that could drive innovation in fields like cryogenics, superconducting magnets and vacuum technologies that could benefit humankind.

Outside experts point to the promise of learning more about the Higgs boson, the elusive particle that has been controversially dubbed “the God particle,” which helped explain how matter formed after the Big Bang.

Work at the particle collider confirmed in 2013 the existence of the Higgs boson — the central piece in a puzzle known as the standard model that helps explains some fundamental forces in the universe.

“This set of reports represents an important milestone in the process, but a full sense of the likelihood of it being brought to fruition will only be known through careful studies by scientists, engineers and others, including politicians who must make difficult decisions at time when uncertainty rules the day,” Dave Toback, a professor of physics and astronomy at Texas A&M University, said in an e-mail.

The new collider “provides an exciting opportunity for the particle physics community, and indeed all of physics, on the world stage,” said Toback, who was not affiliated with the plans, and who worked for years at the Fermilab Tevatron collider in the United States that was shut down in 2011.

CERN scientists, engineers and partners behind the plans considered at least 100 scenarios for the new collider before coming up with the proposed 91-kilometer circumference at an average depth of 200 meters (656 feet). The tunnel would be about 5 meters (16 feet) in diameter, CERN said.