Liz sold for Millions

Hugh Grant must be grinning now. A beautiful relationship with Elizabeth Taylor made him earn millions recently. How so?

Six years ago, he bought a painting of Liz by Andy Warhol for 3.6 million dollars. Few days ago, he auctioned the painting off with Christie's at US$21 Million dollars.

Absurd isn't it? I'm not sure how this bubbling age for contemporary art is heading, but it sure is rocketing. It might reach a saturation stage, however, looking at it currently, the crazy boom in contemporary art is pulling all the rich men's asset into collecting such creation of the century.

Christie's and Sotheby's, two big players in the auction art market, is attempting to transform and move their sales towards contemporary art. The chinese market is booming with the masterpieces from masters like Yue minjun, Zhang Xiaogang, Kong Weiming and more.

As for Hugh, he must be grinning himself silly now.