Madonna auctions painting for $7.2 million

Singer Madonna has raised more than $7 million for charity by selling one of her paintings, reports Wall Street Journal.

The Fernand Léger piece “Trois femmes à la table,” painted in 1921, sold at a Sotheby’s auction for $7.2 million to a South American bidder.

Read: Do your clients own stolen art?

Proceeds went to the pop star’s Ray of Light Foundation, an international non-profit for underprivileged children. Read the full story here.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.