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Klimt Portrait That Helped Save Jewish Subject From Nazi Persecution Sells for Record $236 Million at Auction
Painting by Gustav Klimt ‘Bildnis Elisabeth Lederer’ (Portrait of Elisabeth Lederer) on display at Sotheby’s auction house new global headquarters on Madison Avenue in the Marcel Breuer building in New York, NY on Nov. 12, 2025. Photo: Lev Radin/Sipa USA via Reuters Connect
A Gustav Klimt portrait that helped safe its Jewish subject from Nazi persecution during the Holocaust sold on Tuesday for a record-breaking $236.4 million at a Sotheby’s auction in New York.
Klimt’s “Portrait of Elisabeth Lederer” is a 6-foot-tall painting that the artist worked on for two years between 1914 and 1916. It depicts the 2o-year-old only daughter of August and Szerena Lederer, wrapped in an East Asian emperor’s cloak adorned with dragons. The Lederers, who were Jewish, were Klimt’s greatest patrons and also the second wealthiest family in Vienna, Austria, only behind the Rothschilds. Klimt painted portraits of other Lederer family members as well and their art collection included many Klimt paintings.
The painting is one of only two full-length Klimt portraits that remain privately owned, while the majority of the rest are in museums. The portrait sold for $205 million plus premium to a buyer over the phone. It marks a record for a piece of modern art and doubled the previous record for a Klimt painting, according to Reuters. Sotheby’s declined to share the identity of the portrait’s buyer.
Following Nazi Germany’s annexation of Austria in 1938, which took place two years after August Lederer died, Nazis looted the Lederer art collection but left behind the family portraits because they were considered “too Jewish” to be worth stealing, according to the National Gallery of Canada, where “Portrait of Elisabeth Lederer” was on loan for three years.
In an attempt to save herself from Nazi persecution, Elisabeth fabricated a story that Klimt, who was not Jewish and died in 1918, was her real father. The fact that Klimt had a reputation as a philanderer and spend years obsessing over Elisabeth’s portrait helped support her story. Szerena even signed an affidavit supporting the false claim about Klimt’s paternity in an effort to save her daughter, according to the National Gallery of Canada. The Nazi regime ultimately gave Elisabeth a document stating that she was descended from Klimt and along with help from a former brother-in-law, who was a high-ranking Nazi official, she lived safely in Vienna until she died of an illness in 1944.
The painting was then looted by the Nazis and nearly destroyed in a fire during World War II, but miraculously survived. It was returned to a Lederer family member in 1948, who kept the piece until selling it in 1983. “Portrait of Elisabeth Lederer” joined the art collection of Estée Lauder heir and Jewish billionaire Leonard Lauder in 1985. He died in June at 92 and five Klimt pieces from his collection have sold at Sotheby’s for a total of $392 million.
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UK PM Starmer Says There Could Be New Powers to Ban Pro-Palestinian Marches
British Prime Minister Keir Starmer gives a media statement at Downing Street in London, Britain, April 30, 2026. Photo: REUTERS/Jack Taylor/File photo
British Prime Minister Keir Starmer said the government could ban pro-Palestinian marches in some circumstances because of the “cumulative effect” the demonstrations had on the Jewish community after two Jewish men were stabbed in London on Wednesday.
Starmer told the BBC that he would always defend freedom of expression and peaceful protest, but chants like “Globalize the Intifada” during demonstrations were “completely off limits” and those voicing them should be prosecuted.
Pro-Palestinian marches have become a regular feature in London since the October 2023 attack by Hamas on Israel that triggered the Gaza war. Critics say the demonstrations have generated hostility and become a focus for antisemitism.
Protesters have argued they are exercising their democratic right to spotlight ongoing human rights and political issues related to the situation in Gaza.
Starmer said he was not denying there were “very strong legitimate views about the Middle East, about Gaza,” but many people in the Jewish community had told him they were concerned about the repeat nature of the marches.
Asked if the tougher response should focus on chants and banners, or whether the protests should be stopped altogether, Starmer said: “I think certainly the first, and I think there are instances for the latter.”
“I think it’s time to look across the board at protests and the cumulative effect,” he said, adding that the government needed to look at what further powers it could take.
Britain raised its terrorism threat level to “severe” on Thursday amid mounting security concerns that foreign states were helping fuel violence, including against the Jewish community.
“We are seeing an elevated threat to Jewish and Israeli individuals and institutions in the UK,” the head of counter-terrorism policing, Laurence Taylor, said in a statement, adding that police were also working “against an unpredictable global situation that has consequences closer to home, including physical threats by state-linked actors.”
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War Likely to Resume After Trump’s Rejection of Latest Proposal, Says IRGC General
Iranians carry a model of a missile during a celebration following an IRGC attack on Israel, in Tehran, Iran, April 15, 2024. Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
i24 News – A senior Iranian military figure said that fighting with the US was “likely” to resume after President Donald Trump stated he was dissatisfied with Tehran’s latest proposal, regime media reported on Saturday.
The comments of General Mohammad Jafar Asadi, one of the top Islamic Revolutionary Guard Corps (IRGC) commanders, were relayed by the Fars news agency, considered as a mouthpiece of the the powerful paramilitary body.
“Evidence has shown that the Americans do not not adhere to any commitments,” Asadi was quoted as saying.
He further added that Washington’s decision-making was “primarily media-driven aimed first at preventing a drop in oil prices and second at extricating themselves from the mess they have created.”
Iranian armed forces are ready “for any new adventures or foolishness from the Americans,” he said, going to assert that the Iran war would prove for the US a tragedy comparable with what was for Israel the October 7 massacre.
“Just as our martyred Leader said that the Zionist regime will never be the same as before the Al‑Aqsa Storm operation [the name chosen by Hamas leadership for the October 7, 2023 massacre in southern Israel], the United States will also never return to what it was before its attack on Iran,” he said. “The world has understood the true nature of America, and no matter how much malice it shows now, it is no longer the America that many once feared.”
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Trump Says US Navy Acting ‘Like Pirates’ to Carry Out Naval Blockade of Iranian Ports
A view of Iranian-flagged cargo ship M/V Touska as the US Navy Arleigh Burke-class Aegis guided missile destroyer USS Spruance conducts its interception in a location given as the north Arabian Sea, in this screen capture from a video released April 19, 2026. Photo: CENTCOM/Handout via REUTERS
President Donald Trump said on Friday the US Navy was acting “like pirates” in carrying out Washington’s naval blockade of Iranian ports during the US and Israel’s war against Iran.
Trump made the comments while describing the seizure by US forces of a ship a few days ago.
“We took over the ship, we took over the cargo, we took over the oil. It’s a very profitable business,” Trump said in remarks on Friday evening. “We’re like pirates. We’re sort of like pirates but we are not playing games.”
Some of Tehran’s vessels have been seized by the US after leaving Iranian ports, along with sanctioned container ships and Iranian tankers in Asian waters.
Iran has blocked nearly all ships passing through the Strait of Hormuz apart from its own since the start of the war. Trump has imposed a separate blockade of Iranian ports.
The US and Israel attacked Iran on February 28. Iran responded with its own strikes on Israel and Gulf states that host US bases. US-Israeli strikes on Iran and Israeli attacks in Lebanon have killed thousands and displaced millions.
The war has raised oil prices and led to the blockade of the Strait of Hormuz, a chokepoint for about 20 percent of global oil and liquefied natural gas shipments.
Trump, who has offered shifting timelines and goals for the war that remains unpopular in the US, has faced widespread condemnation over his comments on the conflict, including when he threatened to destroy Iran’s entire civilization last month.
Many US experts said last month that American strikes on Iran may amount to war crimes after Trump threatened to target civilian infrastructure.