Motsepe buys a Picasso at DiCaprio bash

Comment on this story
PATRICE_MOTSEPE111 Independent Newspapers Patrice Motsepe. Photo: Leon Nicholas

South African mining magnate Patrice Motsepe paid $1 million (about R10.5m) for a Picasso drawing at Hollywood star Leonardo DiCaprio’s fundraiser to protect the environment and endangered species.

The star raised more than $25m at the charity event in France for his foundation. 

The fundraiser late on Wednesday in the chic Riviera seaside resort of Saint-Tropez included an auction of Hollywood and rock ’n’ roll memorabilia, and works by Damien Hirst and Pablo Picasso.

It included DiCaprio’s Harley Davidson motorbike bearing the signatures of Martin Scorsese and Robert De Niro, and a guitar belonging to U2 frontman Bono.

DiCaprio told the 500 guests – who included stars ranging from US soap star Joan Collins to French actress Marion Cotillard – that animal and flora species were disappearing on a scale last seen when dinosaurs roamed the earth.

Guests shelled out between $7 000 and $130 000 to attend the event.

A sculpture by British artist Damien Hirst was snapped up for $6m by Russian-born billionaire Len Blavatnik. – Sapa-AFP

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines