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  • Writer's pictureVan Weyenbergh Fine Art

Leonardo DiCaprio Foundation doesn't make as much money anymore at auction.

Updated: Mar 14, 2019

Leonardo DiCaprio Foundation has organized an auction last Saturday. The result of this auction is estimated at $ 8 Million, which is a result well below of previous auctions. Last year the DiCaprio Foundation announced a result of $ 25 M, collected at the auction held in Saint-Tropez. In 2015, the auctions reached $ 36,5 M.

The selection of fine art with the help of consultant Lisa Schiff and sold through Sotheby’s was largely reduced this year. Among the 16 artworks offered for sale, few exceptional lots but some generous offers were made: a sculpture of Ai Weiwei was auctioned at $ 800 000 and a table by Wayne Thiebaud found a buyer for $ 4.5 M.

In 2017, besides contemporary art lots, various objects that belonged to celebrities had significantly increased the funds raised. Singer Bono personal guitar was sold for 1 million dollars and Leonardo DiCaprio offered his Harley-Davidson signed by Martin Scorsese and Robert de Niro. To celebrate the 20th Anniversary of the Foundation, a charity dinner was presented by DiCaprio in company of Laurene Powell, widow of Steeve Jobs and philanthropist. Founded in 1998 by DiCaprio with the commitment to the fight global warming, Leonardo DiCaprio Foundation is working to fund organizations and projects related to the environmental cause. In twenty years, it has brought together 100 million dollars, used for various initiatives to safeguard biodiversity, sustainable development actions, and aid to victims of natural disasters

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