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Estate of Artist Lucien Freud Valued at $156 Million

30 April 2012
  • 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.

 

Read more at Reuters
Categories: contemporary art
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