Klimt portrait sells for $236.4 million, second highest auction price ever

Gustav Klimt’s “Portrait of Elisabeth Lederer” fetched a staggering $236.4 million, becoming the second most expensive painting ever sold at auction. This rare, full-length portrait, surviving wartime upheaval, captivated collectors with its rich detail and historical significance. The intense bidding war highlights the enduring demand for early 20th-century masterpieces with compelling stories and limited availability.