Warhol's Marilyn Monroe painting sold for record-breaking $195m

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Warhol's Marilyn Monroe painting sold for record-breaking $195m
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The record-breaking sum is the highest ever paid for either an American or 20th Century work of art.

An iconic painting of Marilyn Monroe by Andy Warhol has been auctioned for $195m - making it the most expensive piece of 20th Century art ever sold.

The auction ended with a sale price of $170m, which rose to $195m with taxes and fees taken into account. In March, George Frei, the chairman of the board of the Thomas and Doris Amman Foundation, said in a statement that the painting of Monroe "bears witness to her undiminished visual power in the new millennium".

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