Billionaire Patricia Kluge Sells Jewels at Sotheby's
Filed under: Jewelry, Timepieces / Watches, Auctions
When a woman who was once married to a billionaire decides it is time to part with the jewels he gave her over the course of their marriage, you can rest assured that you are going to be dazzled by the magnificence of a collection comparable to one that might belong to royalty.
The collection that belonged to philanthropist and vintner Patricia Kluge certainly lives up to that image. This week, her jewelry was sold by Sotheby's during its Magnificent Jewels sale, with many pieces selling for above pre-sale estimates. The collection well-represented Kluge's sophisticated appreciation of workmanship and her refined taste.
Ms. Kluge is the former wife of mogul John Kluge, who's Metromedia Inc. pioneered independent TV stations operations through the 1960's and 1970's. Kluge became one of the richest Americans after he sold his company to Rupert Murdoch during the mid-1980's for nearly $2 billion. Kluge made a second fortune in telecommunications and he was also a major owner of Orion Pictures. The Kluge's divorced nearly 20 years ago.
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