PARIS — Pierre Bergé is setting up a fund to help fight AIDS.
This story first appeared in the October 30, 2009 issue of WWD. Subscribe Today.
The late Yves Saint Laurent’s longtime companion and business partner has pledged 10 million euros, or $14.9 million at current exchange rates, over five years to France’s largest private anti-AIDS group, Sidaction, over which he presides.
Part of the funds will be raised between Nov. 17 and Nov. 19 at a charity auction of furniture and works of art from the Yves Saint Laurent and Pierre Bergé collection, expected to fetch up to 4 million euros, or $5.7 million.
An earlier auction in February raised 373.5 million euros, or $484.6 million, from the sale of 700 items collected by Saint Laurent and Bergé.