• MSN
  • Hotmail
  • More
    • Autos
    • My MSN
    • Video
    • Careers & Jobs
    • Personals
    • Weather
    • Delish
    • Quotes
    • White Pages
    • Games
    • Real Estate
    • Wonderwall
    • Horoscopes
    • Shopping
    • Yellow Pages
    • Local Edition
    • Traffic
    • Feedback
    • Maps & Directions
    • Travel
    • Full MSN Index
  • Bing
  • NBCNews.com
  • TODAY
  • Nightly News
  • Rock Center
  • Meet the Press
  • Dateline
  • msnbc
  • Breaking News
  • Newsvine
  • News
  • Entertainment
  • Food
  • Health
  • Money
  • Pets
  • Moms
  • Style
  • Travel
  • Books
  • KLG & Hoda
  • Video
  • More
    • Comics & Games
    • Concert Series
    • Good News!
    • Hip2Save
    • Horoscope
    • Lotto
    • Photo Features
    • Relationships
    • Rossen Reports
    • Tech
    • Weather
  • Recommended: Big gas savings! Kmart goes for giggles again
  • Recommended: Cheapism: Best budget umbrella strollers
  • Recommended: How to tie the knot on a shoestring
  • Recommended: Here's how much Americans think families need to get by


Life Inc. is about how the economy is affecting you: your life, your job, your family, your finances, your spending. Check us out on Facebook or follow us on Twitter.

  • ↓ About this blog
  • ↓ Archives
    • Icons Email E-mail updates
    • Icons Twitter Follow on Twitter
    • Icons Feed Subscribe to RSS
  • Advertise | AdChoices
    25
    Sep
    2012
    8:36am, EDT

    Brooke Astor home auction fetches $8.7 million

    Sotheby's

    A Chinese gilt-bronze lion clock stand from the Qianlong period (1736-1795) being auctioned from the estate of Brooke Astor.

    By The Associated Press

    The first day of an auction of the contents of philanthropist Brooke Astor's two homes brought in $8.7 million, Sotheby's said.

    Sotheby's is offering the contents of both homes, 901 objects in all, including European and Asian furnishings, Old Masters, Qing Dynasty paintings, tea sets, silverware, jewelry, a porcelain menagerie, over 100 dog paintings — and even the uniforms of her domestic staff.

    The two-day auction continues Tuesday.

    Proceeds will go to institutions and charities, including the New York Public Library and the Metropolitan Museum of Art, under a settlement negotiated by the state Attorney General's office.

    The collection had expected to fetch just $6 million to $9 million.

    The auction comes after a nasty family feud involving her only son, Anthony Marshall. The five-year dispute ended in March with a settlement that freed $100 million for her charities and cut by more than half the amount going to Marshall, who was convicted of taking advantage of his mother's dementia, partly by engineering changes to her will. He has appealed.

    The dispute had threatened to deplete the entire estate.

    Astor spent her life putting the fortune that her third husband, Vincent Astor, left to use where it would do the most to alleviate human misery. Her efforts won her a Presidential Medal of Freedom, the nation's highest civilian honor, in 1998.

    Astor died in 2007 at age 105.

    More money and business news:

    • Bank fees soar as free-checking offers decline
    • Crunch on this: America's favorite snacks
    • Brain training may help elderly drive better
    • Waffle on gay marriage isn't helping Chick-fil-A
    • Video: A flat-tax lesson from Europe
    • Sign up for our Business newsletter

    Follow NBCNews.com business on Twitter and Facebook

    70 comments

    I agree with "rockmebritney". The family had money and made money, but over the years they contributed millions to worthwhile causes that helped. They were generous in their giving. It is too bad the family feud over money is the object of any media comments.

    Show more
    Explore related topics: auction, sothebys, astor

Browse

  • featured,
  • economy,
  • employment,
  • personal-finance,
  • careers,
  • retail,
  • business,
  • buzz,
  • taxes,
  • cheapism,
  • workplace,
  • consumerman,
  • deals,
  • consumer-news,
  • good-graph-friday,
  • jobs,
  • unemployment,
  • retirement,
  • live-chat,
  • money,
  • career,
  • education,
  • food,
  • real-estate,
  • recession,
  • autos,
  • holiday-retail,
  • women,
  • college,
  • shopping,
  • money-911,
  • facebook,
  • housing,
  • wealth,
  • irs,
  • gas-prices,
  • work,
  • commentid-featured,
  • savings
Also

Top More on TODAY.com headlines

3155,10
Advertise | AdChoices

Archives

  • 2013
    • May (40)
    • April (66)
    • March (75)
    • February (72)
    • January (74)
  • 2012
    • December (57)
    • November (94)
    • October (75)
    • September (69)
    • August (51)
    • July (58)
    • June (76)
    • May (63)
    • April (62)
    • March (77)
    • February (69)
    • January (48)
  • 2011
    • December (62)
    • November (69)
    • October (63)
    • September (62)
    • August (58)
    • July (54)
    • June (42)
    • May (48)
    • April (43)
    • March (47)
    • February (36)
    • January (43)
  • 2010
    • December (65)
    • November (64)
    • October (51)
    • September (43)
    • August (16)

Most Commented

  • Here's how much Americans think families need to get by (238)
  • Great Recession will haunt millions into their retirement years, study finds (163)
  • So your kid wants a credit card. What do you do now? (46)
  • Budget brides save by buying canceled weddings (19)
  • Storm after the storm: Consumers warned about fake Oklahoma charities (17)
  • Big gas savings! Kmart goes for giggles again (18)
  • How to tie the knot on a shoestring (17)

Other blogs

  • Hip2Save

More on TODAY.com

3155,8
© 2013 NBCNews.com
  • Today.com Money
  • About us
  • Contact
  • Help
  • Site map
  • Careers
  • Closed captioning
  • Terms & Conditions
  • Privacy policy
  • Advertise