ART and antiques owned by one of America’s most famous families is tipped to fetch £1billion at auction — with all the proceeds going to charity.
Peggy and David Rockefeller, who have both died, owned works by the likes of Claude Monet and Henri Matisse.
Now 1,550 pieces are to be offered by Christie’s in New York next month, dubbed the most significant philanthropic auction ever presented. The money will go to causes the couple backed during their lives, including the arts, education and land conservation. Among the lots are Matisse’s Odalisque Couchée Aux Magnolias, which is poised to set a record high for the artist at auction of more than £65million.
Pablo Picasso’s Pomme could fetch up to £1million and Claude Monet’s Nymphéas en fleur is expected to sell for around £50million. US banker David, who died aged 101 last year, was the last surviving grandson of John D Rockefeller, the industrialist who was one of America’s first billionaires. David’s wife Peggy died in 1996.