Fashion items are often auctioned and every other day we learn a lot about the supermodels, models and celebs auctioning their belongings and other people’s belongings and items for charities. The items are then sold like hot cakes. Why? Because the names of the celebs are what work in actual.
The latest we have heard about a charity is that the rich collection of jewels belonging to Lily Safra, the billionaire socialite and philanthropist, are scheduled to be auctioned off for a charity. The sources report that the auction will be taken place at the Christie’s, the famed auction abode.
In a statement issued by Christie, there are more than 20 charitable institutions which will benefit from the money made from the sale of the jewels’ collection (made up of 70 pieces). The auction is scheduled to happen on May 14th in Geneva and it is being expected that the auction will fetch in more than $20 million.
Safra’s philanthropic foundation, as per reports, supports hundreds of charities spread across the globe (more than 40 countries of the world).