"Rabbit" by Jeff Koons sold for $91 million at an auction on May 15, 2019 (Credit: Christie's)

On Wednesday, May 15, 2019, an anonymous buyer paid slightly over $91 million to acquire American artist Jeff Koons' "Rabbit" sculpture at Christie's Post War and Contemporary Sale in New York. The price, which includes the auction house's commission, is the highest-ever paid for work by a living artist. The previous record was held by British artist David Hockney, whose acrylic-on-canvas pop art painting "Portrait of an Artist (Pool with Two Figures)" sold for $90.3 million in November 2018.