HUGH TO AUCTION OFF ANDY WARHOL PORTRAIT OF ELIZABETH TAYLOR

6 NOVEMBER 2007

Seven years after he parted ways with Elizabeth Hurley, there is another high-profile split with a girl called Liz on the cards for Hugh Grant. The girl in question this time is Elizabeth Taylor, and the split looks set to be a very profitable one indeed.

Six years after he bought an Andy Warhol painting of the violet-eyed movie legend, the Four Weddings And A Funeral actor is to put it under the hammer, where it is expected to raise £17 million.

While the actor's representatives have declined to comment on why he is parting with the pop-art legend's work, entitled Simply Liz, insiders say he's received a £10 million guarantee from Christie's auction house, should bidding should be less fierce than expected. The guarantee is believed to be one of the last offered before barriers came down following a decline in the international art market.

Whatever the price fetched next week by the work, Hugh looks set to make a hefty profit. The art lover bought the painting, which features the film icon in her heyday, in 2001 for £2 million.

Photo: © Alphapress.com
Art lover Hugh, who is parting with his painting of the British screen icon at auction next week, is estimated to make a hefty profit from the sale, having bought the work six years ago for £2 millionPhoto: © Getty Images
Photo: © Alphapress.com
The painting by pop art legend Andy Warhol is titled Simply Liz and features the British actress in her heydayPhoto: © Getty Images
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