YSL Proceeds will fund AIDS research foundation: PWP

The library of YSL's Parisian apartment - Photo: Christie's

YSL Auction - Grand Palais - February 23, 2009 Photo: Jacques Brinon

Billed as the sale of the century, the 733-piece Yves Saint Laurent auction netted $484 million, which will be used to create a new foundation for AIDS research and to fund the Berge/Saint Laurent foundation which honours the late designer's work.

Yves Saint Laurent, who is widely credited with modernizing women's wardrobes by popularizing ladies' pants, and his partner Pierre Berge started collecting works of art to fill the bare walls of their apartment on Rue de Babylone in Paris four decades ago.

PWP