Adele Bloch-Bauer, #1. Portrait of Adele Bloch-Bauer I is a painting by Gustav Klimt, completed between 1903 and 1907.
The portrait was commissioned by the sitter's husband, Ferdinand Bloch-Bauer, a Jewish banker and sugar producer. The painting was stolen by the Nazis in 1941 and displayed at the Österreichische Galerie Belvedere.
In 2006, following eight years of effort by the Bloch-Bauer heirs, the painting was returned to the family; it was sold the same year for $135 million, at the time a record price for a painting. The portrait is the final and most fully representative work of Klimt's golden phase.
It was the first of two depictions of Adele by Klimt, the second was completed in 1912; these were two of several works by the artist that the family owned. Adele had left Klimt's artworks to the Galerie Belvedere in her will, although when she died in 1925 those artworks were in Ferdinand's possession.
Following the Anschluss of Austria by Nazi Germany, Ferdinand fled Vienna, and made his way to Switzerland, leaving behind much of his wealth, including his large art collection. The painting was stolen by the Nazis in 1941, along with the remainder of Ferdinand's assets, after a charge of tax evasion was made against him. The assets raised from the purported sales of artwork, property and his sugar business were offset against the tax claim. The lawyer acting on behalf of the German state gave the