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DiCaprio’s St. Tropez Charity Auction Sets Several Trends

August 15, 2014 by Marion Maneker

Leonard-Blavatnik-with-Damien-Hirst-unicorn

It’s a three-way toss up to decide what’s the news coming out of Leonardo di Caprio’s latest charity auction held St. Tropez and netting $25m for his foundation focused on endagered species. Di Caprio’s continued use of art and memorabilia auctions is noteworthy.

So is the fact that Len Blavatnik chose another charity auction to buy another pricey Damien Hirst piece. The last Hirst Blavatnik bought publicly was a golden mammoth skeleton. This one was a $6m unicorn.

But most significant might be the continuing turn toward art among Africans:

South African mining magnate Patrice Motsepe paid $1 million (about R10.5m) for a Picasso drawing at Hollywood star Leonardo DiCaprio’s fundraiser to protect the environment and endangered species.

Motsepe buys a Picasso at DiCaprio bash (IOL Tonight)

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Filed Under: Collectors

About Marion Maneker

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