Billionaire Collector Ken Griffin’s Basquiat Buying Spree Continues

Billionaire collector Ken Griffin has significantly expanded his holdings of Jean-Michel Basquiat, notably acquiring the 1983 masterpiece 'In Italian' from the collection of Peter Brant. The acquisition came to light through press materials for an upcoming exhibition at the Pérez Art Museum Miami (PAMM) titled "Basquiat: Figures, Signs, Symbols," which will showcase nearly a dozen works from Griffin’s private collection. The show, curated by PAMM director Franklin Sirmans and Griffin’s curator Megan Kincaid, includes other high-profile acquisitions such as the 1982 'Untitled (Skull)' previously purchased from Yusaku Maezawa.

Gallery Not Paying? Call Kenny Schachter’s Kollection Agency. He Gets Results!

Art world provocateur Kenny Schachter addresses the current climate of anxiety within the industry, touching on everything from the existential threats of advanced AI tools like Anthropic’s Mythos to the 'doomster' narratives of market analysts. Amidst reports of dwindling demand and galleries struggling with non-paying clients, Schachter highlights the enduring value of historical works, such as a 1799 Goya etching, while dismissing claims that screens are replacing physical art in the home.

Marc Restellini’s ‘atom bomb’ of a Modigliani catalogue raisonné is finally published

After nearly three decades of legal disputes and intense research, Marc Restellini has finally published his definitive catalogue raisonné of Amedeo Modigliani’s oil paintings. Released through the Institut Restellini and Yale University Press, the six-volume work utilizes forensic scientific analysis, spectrometry, and archival evidence to authenticate the artist's oeuvre. The publication includes 100 newly authenticated works while excluding 15 previously accepted paintings due to a lack of definitive evidence, marking a shift from connoisseurship to a fact-based methodology.

The Phillies Owner’s Other Superstars

John Middleton, the billionaire owner of the Philadelphia Phillies, is channeling his competitive drive into the acquisition of 19th-century American masterpieces. His private collection, which features prominent works by Andrew Wyeth, Winslow Homer, and Thomas Eakins, has quietly become one of the most significant of its kind in the United States. Middleton’s approach to collecting mirrors his sports management style, focusing on "blue-chip" historical significance and technical mastery.

Latin American Art: Structural Growth between Market and Institutions

Latin American Art: Structural Growth between Market and Institutions

Latin American contemporary art is experiencing structural growth and increased global visibility between 2024 and 2026, moving beyond speculative trends toward deep-seated institutional legitimacy. This shift is highlighted by the prominent inclusion of regional artists in major international platforms, most notably the 2026 Venice Biennale and the Pinault Collection. Key figures such as Rosanna Paulino, Adriana Varejão, and Paulo Nazareth are leading this movement, utilizing diverse media to explore themes of post-colonialism, racial violence, and ecological memory.

Rare Winnie-the-Pooh Drawings Surface for the First Time

Two previously unseen preliminary drawings of Winnie-the-Pooh by illustrator E.H. Shepard have surfaced for the first time on the centenary of the children's classic. Brought forward by Shepard’s family, the pencil sketches depict scenes from A.A. Milne’s original 1926 book that were never fully realized or published. These rare works, along with several other preliminary sketches that did make it into print, are currently on display and for sale at Peter Harrington Rare Books in London before traveling to the New York International Antiquarian Book Fair.

Ocean Line, 2026 by Carrie Mae Weems

Carrie Mae Weems has introduced a new photographic work titled 'Ocean Line' (2026). The piece is being presented in multiple dimensions, ranging from 11 x 14 inches to 20 x 24 inches, through a platform that partners with elite, vetted galleries to showcase contemporary artists to a global network of collectors and advisors.

A new watercolor by Marie-Désiré Bourgoin acquired by Orsay

Une nouvelle aquarelle de Marie-Désiré Bourgoin acquise par Orsay

The Musée d’Orsay has expanded its collection with the acquisition of a watercolor by Marie-Désiré Bourgoin. The work depicts a somber interior scene featuring an elderly woman in black seated before a commemorative display of the late painter Ernest Meissonier’s personal effects, including his Academician's sword, Legion of Honor insignia, and his final self-portrait on an easel.

A Bodybuilder’s 3,300-Year-Old Egyptian Stele Heads to TEFAF

A 3,300-year-old Egyptian stele once owned by bodybuilding pioneer Ben Weider is set to be a highlight at TEFAF New York this May. The limestone carving, which depicts Pharaoh Thutmose IV, was gifted to Weider in 1964 and recently surfaced at a Montreal auction before being acquired by the London-based gallery David Aaron. Alongside the stele, the gallery will present a 2,500-year-old greywacke bust of a goddess, which was recently authenticated after being dismissed as a fake due to its pristine condition and 18th-century restorations.

Which Country’s Art Market Came Out on Top in 2025?

The United States solidified its position as the world's leading art market in 2025, with fine-art auction sales rising 25.3 percent to reach $5.4 billion. Despite early volatility caused by trade tariffs, a surging stock market and cooling inflation fueled a massive November auction season in New York, where nine of the year's ten most expensive artworks were sold. In contrast, China's market contracted by nearly 11 percent due to a persistent property crisis, while the United Kingdom and France saw significant growth, with Paris benefiting from the momentum of Art Basel Paris.

Artnet and Artsy Come Together Under Shared Leadership

Artnet and Artsy, two of the most influential digital platforms in the art world, have merged under a single leadership structure following a series of acquisitions by Beowolff Capital. Jeffrey Yin has been appointed CEO of the unified company, while Beowolff founder Andrew Wolff will serve as chairman. Despite the shared management, both entities will maintain their distinct branding, with Artnet focusing on market data and journalism while Artsy continues its emphasis on art discovery and e-commerce.

We had to make difficult decisions

"Wir mussten schwierige Entscheidungen treffen"

Investor Andrew E. Wolff has stepped down as CEO of Artnet after orchestrating a merger of the company's US operations with Artsy, another major art market platform he recently acquired. Jeffrey Yin, previously the interim head of Artsy, has been appointed as the permanent CEO of the combined entity. The restructuring involves significant layoffs, the closure of Artnet's Berlin office, and a consolidation of management teams, though both brands will continue to operate with distinct editorial voices.

Artnet and Artsy Announce They’re ‘Joining Forces’ Under Shared Leadership

Artnet and Artsy have announced a strategic merger under a single leadership structure following their acquisition by Beowolff Capital. While both platforms will maintain their distinct brand identities and websites, they will now operate as a combined organization led by Artsy CEO Jeffrey Yin, with Beowolff Capital founder Andrew Wolff serving as chairman. The move aims to integrate Artnet’s industry-leading price database and journalism with Artsy’s expansive e-commerce and discovery marketplace.

Christie’s to Offer $35 M. Renoir Painting Owned by Whitney Family For Nearly a Century

Christie's will auction Pierre-Auguste Renoir's 1876-77 painting 'La femme aux lilas (Portrait de Nini Lopez)' in its 20th Century Evening Sale on May 18, with an estimate of $25 million to $35 million. The work has been owned by the Whitney Payson family since 1929 and is being sold from the collection of the late Lorinda Payson de Roulet, daughter of the original buyers, Joan Whitney Payson and Charles Payson.

David Hockney | THE DOG SHOW (ca. 1990) | Available for Sale

An authorized David Hockney exhibition poster titled "THE DOG SHOW" (ca. 1990) has been made available for sale through MK Contemporary Ltd via the Artsy platform. The work is an offset lithograph measuring approximately 28 by 19 inches and features Hockney's signature aesthetic, including his distinct handwriting and playful use of shadows and light.

Two Sales at Bonhams in Paris

Deux ventes chez Bonhams à Paris

Bonhams has launched its annual "Classic Week" in Paris, featuring two distinct yet complementary auctions. The sales showcase a diverse range of works, most notably a previously unknown drawing of Marie Serre, the mother of the celebrated painter Hyacinthe Rigaud. This rare portrait adds a new dimension to the iconography of Serre, who was famously depicted by both her son and the sculptor Antoine Coysevox.

ken griffin global recession iran strait of hormuz 1234781281

Billionaire hedge fund manager and prominent art collector Kenneth C. Griffin has issued a stark warning regarding the global economy, stating that a recession is inevitable if the Strait of Hormuz remains closed through the end of the year. Speaking at the Semafor World Economy summit, Griffin highlighted that the closure of this vital oil passageway has created energy shocks and treacherous conditions for central bankers, potentially forcing further interest rate hikes to combat inflation.