The Elizabeth Taylor AIDS Foundation will get a big infusion of cash this week as a result of an auction of jewelry.
Elizabeth Taylor, who died March 23, 2011, had a collection of jewelry that was estimated to be worth $20 million. The auction has already brought in $116 million.
The auction is going on at Christie’s in New York.
Among the jewels sold was a pearl purchased by Richard Burton for $37,000, which sold for $11.6 million. The pearl had once been owned by Mary Tudor and was painted in the 17th century by Diego Valezquez.
Taylor co-founded AmFAR in 1985 and began The Elizabeth Taylor AIDS Foundation in 1991, with a focus on direct service to people living with HIV. AIDS Services Dallas, Bryan’s House and AIDS Arms have been recipients of grants from that organization.
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