One of the iconic sculptures by US artist Jeff Koons, “Balloon Monkey (Magenta)” (2006-13), was auctioned today at Christie’s in London for 10,136,500 pounds (about 11.7 million euros). The work created with the typical inflatable balloon shapes of the Pop artist was put up for sale by the Ukrainian oligarch Victor Pinchuk and his wife Olena. The proceeds will go entirely to humanitarian aid to Ukraine. At the behest of Pinchuk himself, the proceeds will be used to assist soldiers and civilians seriously injured by the war in urgent need of prostheses, medical treatment and rehabilitation. Representing the innocence and joy of childhood for both children and adults, “Balloon Monkey (Magenta),” explains a Christie’s release, “stands as a monumental symbol of hope and solidarity with those men, women and children living in war-torn Ukraine who have suffered a terrible loss. The largest piece in the artist’s celebrated balloon series, stands as a shimmering symbol of solidarity and a beacon of hope. “Ukrainian oligarch Victor Pinchuk he is the founder of EastOne Group, an international investment, project financing and financial advisory firm based in London, and of Interpipe Group, one of the leading Ukrainian producers of tubes, wheels and steel. He is also the owner of four television channels and a popular tabloid, “Fakty i Kommentarii”. In November 2014 “Balloon Monkey (Orange)”, from the same series as the sculptures, reached a price of 25.9 million dollars. “Balloon Monkey (Magenta)” is one of the artist’s five unique versions (red, magenta, blue, yellow, orange). Jeff Koons said: “Victor and Olena Pinchuk worked tirelessly for Ukraine, so it’s a sincere privilege to have my artwork auctioned at Christie’s to support their extraordinary efforts. The true value of art is to be in the service of humanity and there could not be a higher calling at this time than to support the Ukrainian people. ‘Balloon Monkey (Magenta) ‘aptly symbolizes hope, affirmation and transcendence, and I can only hope that the donation of my artwork by Victor and Olena Pinchuk will help draw attention to the need for help and support for the people of this country, now more than ever. “Victor Pinchuk commented:” Every Ukrainian civilian comrade killed or injured by Russian bombing, shooting and systematic violence means a wound in our souls. proceeds from the auction, we can help save lives. We can help make war-torn lives whole again. Dozens, perhaps hundreds of lives, each of which has a value beyond words. Jeff Koons’ Balloon Monkey (Magenta) is a celebration of life. Let’s put life and hope against death and suffering. In art and action “. (By Paolo Martini)
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