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

 'Rome, from Mount Aventine' by J.M.W.  Turner, 1835, brought an artist auction record of $47.4 million at Sotheby's London on Dec.  3, 2014.

J.M.W. Turner Painting Fetches Record $47.4 Million

  • December 04, 2014 11:12

One of the last great Turner masterpieces remaining in private hands set a world auction record ...

Read More

Detail of an Edgar Degas sculpture, “The Little 14-Year-Old Dancer.”

Insurer Refuses to Pay for Lost Degas Sculpture

  • December 03, 2014 22:34

Lloyd's of London says it won't pay for a $3 million Degas ballerina sculpture that went missing ...

Read More

Colette Calascione, Fire-maid, 2014, oil on panel, 18 x 24 inches .  From Nancy Hoffman Gallery, at the Miami Project Pavilion located in Midtown Miami.

2014 Miami Art Week Guide

  • December 02, 2014 16:25

With $3 billion worth of art offered at Art Basel Miami Beach alone, and dozens of other fairs, exhibitions, parties, and pop-ups going on...

Read More

Christie's CEO Steven Murphy

Christie's Chief Executive Murphy to Depart

  • December 02, 2014 12:21

Christie's chief executive Steven Murphy will leave the auction house by the end of the year, the London-based company announced on Tuesday.

Read More

Related Press Releases

Related Events from ArtfixDaily Calendar

ArtfixDaily Artwire