''Number 17A'' is an

abstract expressionist Abstract expressionism is a post–World War II art movement in American painting, developed in New York City in the 1940s. It was the first specifically American movement to achieve international influence and put New York at the center of the ...

painting by

Jackson Pollock Paul Jackson Pollock (; January 28, 1912August 11, 1956) was an American painter and a major figure in the abstract expressionist movement. He was widely noticed for his " drip technique" of pouring or splashing liquid household paint onto a hor ...

. It is owned by

hedge fund A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as s ...

manager

Kenneth C. Griffin Kenneth Cordele Griffin (born October 15, 1968) is an American hedge fund manager, entrepreneur and investor. He is the founder, chief executive officer, co-chief investment officer, and 80% owner of Citadel LLC, a multinational hedge fund. He ...

, who purchased it in September 2015 from David Geffen for $200 million, a then record-breaking price, at which time it was lent to the Art Institute of Chicago. , it is ranked 5th on the

list of most expensive paintings This is a list of the highest known prices paid for paintings. The current record price is approximately United States dollar, US$450.3 million (which includes Commission (remuneration), commission), paid for Leonardo da Vinci's Salvator Mundi (L ...

. The painting is

oil paint Oil paint is a type of slow-drying paint that consists of particles of pigment suspended in a drying oil, commonly linseed oil. The viscosity of the paint may be modified by the addition of a solvent such as turpentine or white spirit, and va ...

fiberboard Fiberboard (American English) or fibreboard (British English) is a type of engineered wood product that is made out of wood fibers. Types of fiberboard (in order of increasing density) include particle board or low-density fiberboard (LDF), med ...

and is a

drip painting Drip painting is a form of abstract art in which paint is dripped or poured on to the canvas. This style of action painting was experimented with in the first half of the twentieth century by such artists as Francis Picabia, André Masson and Max ...

, created by splashing paint onto a horizontal surface. It was painted a year after Jackson Pollock introduced his drip technique. The piece was featured in the August 1949 edition of ''

Life Life is a quality that distinguishes matter that has biological processes, such as Cell signaling, signaling and self-sustaining processes, from that which does not, and is defined by the capacity for Cell growth, growth, reaction to Stimu ...

'' that made Jackson Pollock a celebrity.

References

{{20C-painting-stub 1948 paintings Abstract expressionism Paintings by Jackson Pollock