Francis Bacon Artwork Sets Auction Record in NY

... are in private hands. It was sold by newsprint magnate Peter Brant to benefit his Brant Foundation Art Study in Greenwich, Conn. A 1977 painting by Willem De Kooning, "Untitled VIII," sold for over $32 million, a world auction record for the artist. ...

http://abcnews.go.com/Entertainment/wireStory/francis-bacon-painting-set-artist-record-20863676