A Filipino artist’s work fetched 19.5 million Hong Kong dollars at Christie’s May 24 live auction.
Ronald Ventura’s “Party Animal” is potentially record-breaking as it is believed to have the highest price paid for an artwork done by a living Filipino artist.
The 2017 acrylic on canvas painting was estimated to fetch up to 1.2 million Hong Kong dollars at the sale.
The piece from a private collection in Asia was exhibited in Tyler Rollins Fine Art, New York, from October 2017 to January 2018.
Ventura was born in Manila in 1973. He earned his Bachelor of Fine Arts in Painting from the University of Santo Tomas where he also worked as an instructor after his graduation.
According to his ArtNet page, Ventura held his first solo exhibitions in 2000. His first exhibition in the United States was at Tyler Rollins Fine Art Gallery in New York in 2009.
The artist also makes sculptures that feature the same themes and aesthetics as his paintings.