Make us your home page

Billionaire Stewart Rahr turns heads at Leonardo DiCaprio's charity auction

Rahr truly believes he can't take it with him.

Getty Images

Rahr truly believes he can't take it with him.

Leonardo DiCaprio brought out some big names to his foundation's 11th Hour auction at Christie's in New York on Monday night, but it was billionaire Stewart Rahr who really stole the spotlight. The man loves doling out cash for wildlife conservation -- and really seems to like Leo, too.

While the likes of Bradley Cooper, Salma Hayek, Tobey Maguire and Lukas Haas came out to bid on pieces by artists like Banksy, Julian Schnabel, Urs Fischer and Peter Beard, it was Rahr's upping the ante on a Robert Longo photo of a tiger that raised eyebrows, the New York Daily News says.

The pharmaceuticals kingpin -- whose divorce from wife Carol is reportedly costing him $250 million -- stopped everyone cold when he drove bidding from $200,000 right to $1 million after the auction house announced the winning bid would be matched by an anonymous donor. He eventually paid $1.5 million, but was willing to go to "infinity, or $1 more than the next guy," the tabloid said.

Rahr also bought two other pieces, including an Elizabeth Peyton painting of DiCaprio for $1 million. The exec said the painting was his boarding pass to fly to the Cannes Film Festival with the actor later that night. You'd think the photo alone could have done that. The auction raised a total of $38 million for Leo's foundation, so we hope to see more tiger photos soom.

[Last modified: Wednesday, May 15, 2013 4:56pm]


Join the discussion: Click to view comments, add yours