In 2006, media mogul David Geffen sold Jackson Pollock’s masterwork, No. 5 1948, for $140 million. This made Pollock’s work the most expensive painting in modern history, leading a list of the world’s most highly acclaimed artists. From Pollock to Picasso, Renoir to Van Gogh, famouse fine art fetches an other-wordly price on today’s market. In celebration of their masterworks and the riches now behind them, here is a list of the 15 most expensive paintings in the world.
To round out this list, we’ve arranged these paintings by an adjusted price in 2008 dollars. The U.S. dollar has inflated quite a bit since 1987, when Van Gogh’s Irises sold for $53.9 million. Today, that $53.9 million is worth roughly $102.3 million.
Number Fifteen: Yo, Picasso by Pablo Picasso
Jackson Pollock’s 1948 painting entitled No. 5 1948 was arguably his greatest masterwork, the most vivid expression of the painter’s unique style. When it was sold by David Geffen in 2006, it became the world’s most expensive painting in history at a price-adjusted $149.70 million dollars.
- Artist: Jackson Pollock
- Year: 1948
- Year of Sale: 2006
- Sale Price: $140 million
- Currency Adjusted: $149.70 million
Once the world’s most expensive painting, Gustav Klimt’s portrait of Adele Bloch-Bauer took three years to create in oil and gold. The painting was commissioned by a Swiss sugar magnate, a fan of Klimt and the husband of the painting’s subject.
- Artist: Gustav Klimt
- Year: 1907
- Year of Sale: 2006
- Sale Price: $135 million
- Currency Adjusted: $144.4 million
The lone contemporary piece in the top 15 was among a large collection of art sold by media mogul David Geffen in 2006. If you’re like us, you might just be scratching your head about the pricetag on this one…
- Artist: Jasper Johns
- Year: 1959
- Year of Sale: 2006
- Sale Price: $80 million
- Currency Adjusted: $85.6 million
One of two Van Gogh landscapes in the top 15 is A Wheatfield by Cypresses, an idyllic nature scene with the artist’s signature swirling skies. Wheatfield was owned by philanthropist/diplomat Walter Annenberg until his death in 2002, and is now a part of his estate.
- Artist: Vincent Van Gogh
- Year: 1889
- Year of Sale: 1993
- Sale Price: $57 million
- Currency Adjusted: $85.1 million
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