The founder of the eponymous YSL luxury brand, Saint Laurent died in June of 2008 just a few days after marrying his partner and co-founder, Pierre Bergé.
The expensive armchair had belonged to a Paris-based art dealer before finding its way into the hands of Saint Laurent and Bergé. Reportedly, that very same art dealer is the person who paid ten times the chair’s estimated value to procure it at a Christie’s auction.
The chair was made by Irish designer Eileen Gray sometime between 1917 and 1919. Called the “Dragons” chair, it is one of Gray’s masterpieces and was expected to sell for €2-3 millions.
At Paris’ Grand Palais, held February 24th, the most expensive chair in the world was sold for €21.9 million—that’s US $27.8 million!
[Source: Most-Expensive Journal]