Beyoncé and Jay-Z has shown their daughter, Blue Ivy, the importance of investing in art. On Saturday night, the daughter of the great two artist made several bids on art while sitting between her superstar parents at the Wearable Art Gala in Los Angeles.
The second annual event, put on by Tina Knowles and husband Richard Lawson, benefits the WACO Theater Center. During the swanky event, little Blue Ivy, who was wearing a matching gold dress like her mother, bid $17,000 on an acrylic painting of Sidney Poitier, reports Vanity Fair.
Excited to make another bid, she lifted her paddle again raising the bar to $19,000. Jay-Z, 48, in a hilarious way, then tried snatching the paddle from the overzealous kid. Tyler Perry ultimately won the piece for $20,000.
“Her mother and father have been talking about how you gather art and that is a big deal for African Americans,” auction host Star Jones explained to the audience. “Listen, you know Ms. Tina told me all of this. Why you think I’m up here talking about it?”
Although Blue Ivy lost that piece of artwork, she did land the next available piece created from deconstructed law and medical books created by Samuel Levi Jones. She placed the winning bid for $10,000.
Beyoncé, 36, also won a $17,000 set of Lorraine Schwartz panther earrings.
But the evening also had some serious notes. Beyoncé, along with Jay-Z’s mother Gloria Carter, were recognized for their humanitarian work. Michelle Obama even sent a video message honoring the pop star.