The 42-year-old socialite received the piece as a gift in 1981, when she was only 10-year-old, reported Daily Express.
Warhol apparently used to babysit for her at his New York City studio when she was young and handed her the painting following her parent's divorce.
Jade parted ways with the canvas, which featured a red, pink and gold dollar sign made in acrylic and silk-screen ink through an auction in London, held recently.