Madonna Sells Leger Painting At Sotheby’s Auction In NYC For $7.2 Million

On Tuesday, a Fernand Leger painting owned by material girl Madonna sold at a Sotheby's auction in NYC for $7.2 Million. The proceeds from this sale will go to benefit her charity group, the Ray of Light Foundation, which supports girls' education in Afghanistan, Pakistan and other countries. The work was included in a larger auction of Impressionist and Modern art and exceeded original estimations that the work would go for between $5 million and $7 million.

The painting, "Trois Femmes à la Table Rouge (Three Women at the Red Table)," was created around 1921 and is a quasi-cubist depiction of three women sitting around a red table. The identity of the buyer was not announced.

The pop singer was happy with the outcome of the sale, posting on her Facebook: "I Hope to make many girls smile like Malala all around the world! Thanks to the amazing sale of my painting at Sotheby's we can make this happen soon! Thanks to everyone who helped make it happen! Art equals Revolution!"

In a statement earlier this year, Madonna stated that she will "donate all the proceeds [from the Léger sale] to support girls' educational projects in Afghanistan, Pakistan and other countries where female education is rare or nonexistent."

She has also stated she wanted to "trade something valuable for something invaluable" in countries where female education is rare or nonexistent.

She originally acquired the piece in 1990 from the Helen and William Mazer Foundation, having paid $3.4 million for during a Sotheby's sale at the time.