Warhol’s ‘Mao’ portrait bought for record price – Peijin Chen

From Shanghaiist:

One of the art works you won’t be seeing at the Beijing human rights exhibition is Andy Warhol’s iconic portrait of an iconic guy, Chairman Mao. The painting found a new owner at a Christie’s auction:

Andy Warhol‘s sensational portrait of Mao Zedong, considered a landmark of 20th century art, was sold to Hong Kong collector and real estate developer Joseph Lau for US$16.4 million, plus a US$1 million commission, on Wednesday night in New York, Christie’s auction house said….[Full Text]