Sotheby’s has announced a major commission for its fall sale in New York, one of Andy Warhol’s iconic Mao works, estimated to sell for $40 million or more.  The work is the artist’s first in the series of Mao paintings, and came from an idea by dealer Bruno Bischofberger, who suggested Warhol paint the most famous person in the world.  “‘I was just reading in Life magazine that the most famous person in the world today is Chairman Mao. Shouldn’t it be the most famous person, Bruno?'” Interview editor Bob Colacello recalls the artist saying.
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