Christie's to auction Paul Allen's art collection, estimated to be $1B

This fall, around 150 works of art from Microsoft co-founder Paul G. Allen's collection will be auctioned off at Christie's in New York. 

According to a Friday announcement from Christie's and Allen's estate, it is anticipated to generate more than $1 billion overall.

According to Christie's, the pieces up for auction cover 500 years of art history, from the Old Masters to the giants of modern art, and all earnings will go to philanthropy. 

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Allen, who created Microsoft alongside his childhood buddy Bill Gates, passed away in 2018 from non-Hodgkin lymphoma complications.

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In his lifetime, he donated more than $2 billion to charities that supported the welfare of the oceans, the homeless, and the advancement of science.

Highlights of the upcoming sale include Paul Cézanne's “La Montagne Sainte-Victoire,” completed in 1890 and estimated at $100M, 

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Jasper Johns' “Small False Start” from 1960, estimated at $50M.

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Jody Allen, Allen's sister and the executor of his estate said this endeavor would definitely fulfill Paul's wishes. 

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