Estate of Artist Lucien Freud Valued at $156 Million

  • Girl with a white dog , 1951 - 1952.  Oil on canvas, by Lucien Freud.

    Girl with a white dog , 1951 - 1952. Oil on canvas, by Lucien Freud.

    wikipedia Commons

British portrait painter Lucien Freud left 96 million pounds ($156 million) in his will. According to the Mail on Sunday newspaper, the amount is a record for an artist's estate in the UK.

Freud, who died last year, bequeathed a house and 2.5 million pounds to his assistant.

His lawyer and one of his daughters, Rose Pearce, received the bulk of the estate and are trustees. Freud had several other children through two marriages, and perhaps more children who were never acknowledged as his.

The famed painter, a grandson of psychoanalyst Sigmund Freud, was known for his unflinching portraits.

His work brought an auction record for a living artist in 1998 with the sale of "Benefits Supervisor Sleeping," an image of a morbidly obese woman, which fetched $33.6 million at Christie's.

 

More News Feed Headlines

Video still of ISIS militants destroying statues at the Mosul Museum.

Islamic State Sells Looted Antiquities Online

  • July 01, 2015 00:03

Islamic State in Iraq and Syria is selling looted antiquities through eBay, Whatsapp, and ...

Read More

Winslow Homer's Milking Time

Delaware Art Museum Sells Works by Homer, Wyeth

  • June 29, 2015 23:12

The Board of Trustees of the Delaware Art Museum announced Monday the private sales of Arthur ...

Read More

Shepard Fairey’s sanctioned, 18-story mural in Detroit

Felony Arrest Warrant Issued for Artist Shepard Fairey in Detroit

  • June 25, 2015 23:44

Last week a felony arrest warrant for street artist Shepard Fairey was filed in Detroit, accusing ...

Read More

Édouard Manet, Le bar aux Folies-Bergère, 1881, sold for $26.7 million at Sotheby's London on June 24.

Sotheby's Credit Line Doubles to $1 Billion

  • June 24, 2015 22:54

Under pressure from activist investors to increase revenue, Sotheby's has doubled its credit line ...

Read More

Related Press Releases

Related Events from ArtfixDaily Calendar

ArtfixDaily Artwire