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Phoenix resident Alice Cooper finds painting worth millions in storage

(Photo by Joel Ryan/Invision/AP, File)

PHOENIX — Alice Cooper has made a fair share of money in his lifetime.

According to the Guardian, the rockstar has a painting worth millions more just sitting in a storage locker.

The painting is an Andy Warhol original that the Phoenix resident has had for more than 40 years.

The work is a red Little Electric Chair silkscreen from Warhol’s Death and Disaster series. It has never been stretched on a frame, and it sat in storage alongside a real electric chair Cooper used in the 1970s in some of his shows.

Cooper’s longtime manager Shep Gordon said the rockstar and Warhol used to be good friends. Cooper’s girlfriend at the time purchased the canvas for $2,500, but the artwork entered the equipment collection and disappeared.

It wasn’t until Gordon had dinner with a Los Angeles art dealer where she mentioned how much a Little Electric Chair had sold at an auction recently that he remembered about the painting, and Cooper’s mother then recalled they had put it in storage.

They found it rolled up in a tube in storage, but the singer didn’t want to hang something so valuable up in his house. The Guardian reports he may have changed his mind and is considering hanging it up when he comes off of tour at the end of the year.

A Little Electric Chair was sold for $11.6 million in 2015.

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