The rich aren’t dead yet: Christie’s successfully auctioned off $264 million of Impressionist and modern art collected by the late designer Yves-Saint Laurent. The sale exceeded its presale estimate of $232 million, and records were broken for seven artists, including Piet Mondrian and Marcel Duchamp. Also, a French judge dismissed a suit by the Chinese government to stop the sale of two Qing dynasty bronze fountainheads, which the Chinese government claims were looted.
Read it at The Wall Street Journal
