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The Secrets of the $236 Million Klimt

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Created January 2, 2026

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Why would a little-seen Klimt portrait sell for a staggering 236 million dollars?

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Portrait of Elisabeth Lederer is now the second most expensive artwork ever auctioned.

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It lacks the gold shimmer of The Kiss, trading surface opulence for deep psychological

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complexity. The gown hides swirling dragons and cellular motifs, merging imperial power

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with the mysteries of science. But the real secret? Elisabeth claimed Klimt

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was her biological father to survive Nazi persecution. Hidden for decades, this masterpiece is

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a final defiant flourish of a fading Golden Age.

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