Madonna's Fernand Leger painting makes $7.2m

paulfrasercollectibles

2015-06-26 13:16:01

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Madonna's Fernand Leger painting makes $7.2m

Fernand Leger's Trios Femmes a la Table Rouge, which was offered from Madonna's collection, auctions

Fernand Leger's 1921 painting Trois Femmes a la Table Rouge auctioned in New York yesterday evening (May 7).

The painting, which was offered from pop performer Madonna's private collection, brought $7.2m - a 2.4% increase on the piece's $7m top estimate.

Madonna Leger painting auctionA detail from Legers 1921 oil on canvas, which Madonna purchased at Sothebys New York in 1990

Proceeds from the sale are set to benefit the star's Ray of Light Foundation, which waswas set up to support girls' educational projects in Pakistan, Afghanistan and other countries where female education is rare or nonexistent.

Before the sale, Madonna commented: "I want to trade something valuable for something invaluable - educating girls! Knowledge is power. Let's change the world."

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