NEW YORK – An art collection is tipped to break the $1 billion barrier at auction for the first time when Christie’s sells works belonging to late Microsoft co-founder Paul Allen this week.

The two-day sale in New York comes as experts say the super wealthy are viewing art as a safe investment this year amid a tumultuous global economy and Russia’s war in Ukraine. Allen made his fortune with the establishment of the PC operating system with his better-known Microsoft co-founder Bill Gates in 1975.

He amassed a huge art collection which he used to lend to museums before his death in 2018 at the age of 65.

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