Jeff Koons “Rabbit” Was Auctioned Off For $91 Million

It is currently the most expensive work of art by a living artist in the world: the approximately one meter high steel sculpture “Rabbit” by Jeff Koons. At an auction of the London auction house Christie’s, the “Bling Bling-art” was sold at a record price of 91 million US dollars (around 81.2 million euros). No wonder, after all, the American is considered one of the most successful artists of his time.

Already in the eighties, Jeff Koons advanced to become a – veritable – superstar of the art scene. Since then, his monumentally enlarged sculptures have repeatedly caused a sensation. One such sculpture is the “Rabbit”, a bloated rabbit made of stainless steel that was auctioned off for 91 million U.S. dollars, thus displacing the painting “Portrait of an Artist (Pool with two figures)” by the British painter David Hockney from the first place of the most expensive artworks by living artists.

In the run-up to the auction, the steel sculpture “Rabbit” by Christie’s was estimated at a value of 80 million US dollars. The artwork comes from the collection of Samuel Irving Newhouse, who died in 2017. The US publisher owned the publishing house Condé Nast, which publishes the magazines “Vanity Fair”, “Vogue” and the “New Yorker”.

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