Tuesday, February 19, 2008

Bono Buys Matthew Barney Photograph

Matthew Barney donated the photograph New Sun (pictured above) to the (Red) Auction, held on Valentine's Day at Sotheby's New York. The auction was organized by Damien Hirst and singer Bono to benefit Bono's (Red) Charity, which combats AIDS in Africa. Barney's photograph (from Drawing Restraint 9) sold for $137,500, well above the pre-sale estimate of $70,000 - $90,000. Reportedly, the purchaser was Bono, himself, who also placed winning bids on works by Robert Rauschenberg and Sean Scully.