Iconic Art Collection of Publishing Legend S.I. Newhouse Up for Sale

Condé Nast owner's 11 masterpieces are expected to fetch $150 million at Christie's auction.

Jeff Koons' "Rabbit"
Jeff Koons' 1986 sculpture "Rabbit." (Flickr, Jeff Romero)

Long-time Condé Nast co-owner S.I. Newhouse was not only an icon in the world of New York publishing, he was also a legendary art collector who amassed a number of masterpieces by the time of his death in 2017. Christie’s will put 11 of his collection’s most notable works up for sale this coming May as part of its “20th Century Week” auction.

“Si personified the rare combination of a great intuitive eye and great intellectual curiosity,’ Tobias Meyer, advisor to the Newhouse family, told Christie’s. “He read voraciously about the artists he admired, and nothing could stop him once he decided to acquire a work of art that measured up to his exacting standards.”

Among the most notable pieces from Newhouse’s collection up for sale are Cézanne’s Bouilloire et fruits, Andy Warhol’s Little Electric Chair, Vincent van Gogh’s Arbres dans le jardin de l’asile, and Jeff Koons’ stainless steel 1986 statuary sculpture Rabbit. Some estimates expect the Cézanne still-life, which marked a turning point in art history, to go for as much as $40 million. In all, Newhouse’s collection is predicted to bring $150 million or more.

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