Eric Clapton sells painting for £21million

Guitarist pockets a fortune after flogging Gerhard Richter artwork

Eric Clapton has pocketed £21million after selling a painting by German artist Gerhard Richter at auction.

The guitarist’s personal wealth was already estimated at approximately £125million by the Sunday Times Rich List but, according to the BBC, the former Cream man has boosted his fortune by flogging the abstract piece at Sotheby’s auction house yesterday (October 12).

The painting, which is titled Abstraktes Bild, was expected to reach between £9million and £12million but fetched far more than its estimated sale price after a mammoth offer from an anonymous bidder broke the auction record for a work by a living artist.

Eric Clapton released his 20th studio album in September 2010. The LP, which was simply titled ‘Clapton’, was his first in four years and the follow-up to his 2006 duet with JJ Cale, ‘The Road To Escondido’.

Although Clapton has not released a solo record since, he has busied himself collaborating with other elder rock statesmen – he featured on Paul McCartney’s single ‘My Valentine’ last November, and joined forces with Rolling Stones guitarist Keith Richards at a memorial concert in February of this year. Scroll down and click below to watch the footage.