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Madonna selling multi-million dollar painting to benefit foundation

April 3, 2013
Fernand Leger, Trois femmes a la table rougeEstimate: $5-7 million

Fernand Leger, Trois femmes a la table rouge
Estimate: $5-7 million

Madonna is auctioning off a painting by Fernand Leger, which she bought in 1990, with benefits going to Ray of Light Foundation, according to The sale of the 1921 work will be held by Sotheby’s during their May 7, 2013 Impressionist and Modern Art Evening Sale. According to a Sotheby’s press release:

Proceeds from the sale … will benefit the Ray of Light Foundation to support girls’ education projects in Afghanistan, Pakistan and other countries. In Afghanistan, just 12% of women are literate and it is estimated that only seven girls to every ten boys are able to attend school. In Pakistan, which has one of the largest populations of out-of-school children in the world, it is estimated that there are more than 3 million primary school-aged girls unable to attend school.

“I have a great passion for art and a great passion for education. In conjunction with Sotheby’s, I would like to share these two passions. I have chosen to auction this painting called “Three Women” by Fernand Léger and donate all the proceeds to support girls’ educational projects in Afghanistan, Pakistan and other countries where female education is rare or nonexistent. I cannot accept a world where women or girls are wounded, shot or killed for either going to school or teaching in girls’ schools. We don’t have time to be complacent. I want to trade something valuable for something invaluable – Educating Girls! Knowledge is power. Let’s change the world!” commented Madonna.

Thank you Madonna.

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