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

Circle of Animals/Zodiac Heads by Ai Weiwei, 2010

Auction Record for Ai Weiwei's Zodiac Heads in London

  • February 15, 2015 23:19

A near-billion-dollar two weeks of Impressionist, modern, post-war, and contemporary art sales ended in London with an auction record for Chinese dissident artist Ai Weiwei.

Read More

 "Boy and Girl Gazing at the Moon (Puppy Love)" by Norman Rockwell.

A Sweet Gift for the Norman Rockwell Museum

  • February 12, 2015 19:10

The Norman Rockwell Museum in Stockbridge, Mass., has announced a gift of one of the artist's most recognizable--and sweet--works.

Read More

A 1970 Cy Twombly "blackboard" painting sold for $30 million in London.

Cy Twombly Tops $178.4 Million Christie's Sale

  • February 12, 2015 19:09

One of Cy Twombly's scribbly "blackboard" works fetched $30 million to lead Christie's auction in London.

Read More

'Jimson Weed/White Flower No 1', a 1932 painting by Georgia O'Keeffe fetched a record price of $44.4 million at Sotheby's in fall 2014.

Buyer of Record-Setting Georgia O'Keeffe Revealed

  • February 11, 2015 22:20

After an iconic white flower painting ranked the work of Georgia O'Keeffe at the top of the market for any female artist, mystery shrouded the identity of the buyer.

Read More

Related Press Releases

Related Events from ArtfixDaily Calendar

ArtfixDaily Artwire