The robust results coincide with reports that owner Patrick Drahi may be contemplating an IPO.

Sotheby’s sold $7.3 billion worth of art in 2021, a record in the auction house’s 277-year-history.

The robust results arrive just as Sotheby’s owner Patrick Drahi is rumored to be considering taking the company public once again, according to Bloomberg News. Two years ago, the French Israeli billionaire took Sotheby’s private after 31 years as a publicly listed company as part of a $3.7 billion deal.

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Photo: Courtesy of Sotheby's