Observer

November 16, 2022

A rare Piet Mondrian composition from 1930 broke the artist's auction record during a Sotheby's evening sale.

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Sotheby's owner Patrick Drahi, a billionaire French businessman, is facing allegations of tax avoidance on his $750 million art collection.

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The first auction in a two-part Christie's sale of Paul Allen's vast collection saw five works sell for more than $100 million each.

By Alexandra Tremayne-Pengelly

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Piet Mondrian's Composition No. II is likely to break the record for works by the Dutch master of modern art when it is auctioned next week.

By Emma Burleigh

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