team aren't the only ones feeling a difference after Ned Johnson
| Edward Johnson, III|
The New York Business Journal
both report that auction giant Christie's
is partially blaming poor performance at a big auction on Johnson's absence. Christie's just held a six-day art auction in Hong Kong and sold $335 million worth of art, 16 percent below the firm's prior estimate.
Though Ned Johnson and his daughter and successor, Abby Johnson
, tend to be pretty media shy, their art patronage has made headlines before. Two years ago Ned reportedly bought
an 18th century British altarpiece for $2.85 million, and this past summer his hometown paper quoted
an unnamed "well-informed Boston art collector" as calling Ned "the most influential person at the MFA [in Boston], hands down." At the time, the paper reported that Johnson's Brookfield Arts Foundation had assets of $262 million in 2013.
Neil Anderson, Managing Editor
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