An iconic 1972 painting by British artist David Hockney soared to $90.3 million at Christie's on Thursday, smashing the record for the highest price ever paid at auction for a work by a living artist. With Christie's commission, "Portrait of an Artist (Pool with Two Figures)," surpassed the auction house's pre-sale estimate of about $80 million, following a bidding war between two determined would-be buyers once the work hit $70 million. The previous record for a work by a living artist was held by Jeff Koons' sculpture "Balloon Dog," which sold for $58.4 million in 2013.
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