"Empire of Light" was sold for $121,160,000, achieving a world-record price for the artist and for a surrealist work of art at auction.
This painting represents a series by Magritte showcasing the interplay of shadow and light—a recurring theme throughout his remarkable body of work.
Mica Ertegun, the former owner, was a significant figure in the arts world who fled communism in Romania to establish her influence in the U.S.
The sale comes amid a slowdown in the art market, which has seen reduced sales from the previous year's peak as economic conditions have tightened.
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