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The Art Basel & UBS Survey of Global Collecting 2025 reveals that Gen Z collectors are reshaping the art market by treating art, sneakers, digital assets, and luxury goods as a single continuum of collectibles. Gen Z allocates 26% of their total wealth to art and collectibles—the highest of any generation—and spends 56% of that on non-traditional items like limited-edition sneakers, handbags, and digital artworks. Digital art ownership has rebounded sharply, with 23% of collectors planning to buy digital works, up from 19% in 2024, and Gen Z shows the strongest appetite for sculpture.

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Art Basel Paris launched a new ultra-exclusive invitation-only preview called Avant Première, held one day before the official VIP preview. The four-hour event on Tuesday afternoon saw strong sales, with Thaddaeus Ropac selling works including a 1953 Alberto Burri for €4.2 million and two George Baselitz pieces, while Hauser & Wirth sold Gerhard Richter's 1987 *Abstraktes Bild* for $23 million, the highest reported sale. The fair limited each gallery to six invites with plus-ones, resulting in an estimated 3,000 attendees compared to 6,000 for the regular First Choice preview, creating a more manageable and urgent atmosphere.

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Christie’s has secured a monumental Yves Klein painting, *California (IKB 71)*, for its October 23 sale in Paris. Measuring 14 feet wide, it is the largest format the artist ever made in his signature International Klein Blue (IKB) and carries an estimate of €16–25 million ($18–29 million). The work was created in 1961 and has a newly uncovered provenance: after being shown in Los Angeles at Virginia Dwan’s gallery, it stopped in New York for an exhibition with dealer Leo Castelli before returning to Paris. It has been in a New York collection since 2005 and was on long-term loan to the Metropolitan Museum of Art from 2005 to 2008.

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The Fondazione Prada in Milan is hosting “Typologien,” a survey of 20th-century German photography curated by Suzanne Pfeffer of Frankfurt’s Museum für Moderne Kunst (MMK). The exhibition features works by Karl Blossfeldt, Lotte Jacobi, Hilla Becher, Thomas Struth, Andreas Gursky, Sybille Bergmann, and Candida Höfer, among others, all arranged in dead-on, grid-like typologies. It highlights the formal rules and ethical underpinnings of German photographic traditions, including the influential legacy of Bernd and Hilla Becher and their students from the Düsseldorf Art Academy.

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James Rondeau, president and director of the Art Institute of Chicago since 2016, has voluntarily stepped away from his role amid an investigation into an alleged incident on a flight from Chicago to Munich in April. According to a CBS News report citing anonymous sources, police were called after a passenger reportedly stripped off his clothes following consumption of alcohol and prescription medication; sources identified that passenger as Rondeau. The museum confirmed it has opened an independent investigation and that Rondeau is taking time off during the process.

Under new ownership, Art Monte Carlo voices 'global ambitions'

The 10th edition of Art Monte Carlo took place from April 29 to May 1 in the Grimaldi Forum, featuring 26 exhibitors ranging from Old Master paintings to contemporary works by Picasso, Warhol, and Richter. The fair was acquired last year by Informa Prestige, a luxury offshoot of Informa, which also owns Miami's Untitled fair. Executive chair John Paton aims to grow the fair, nearly double its size within two years, and expand to another location, leveraging complementary audiences from yachting and supercars.

Spice up your life: Tate channels 90s glam at The Groucho Club

Tate Britain held a press preview for its upcoming exhibition "The 90s: Art and Fashion" (8 October 2026 – 14 February 2027) at The Groucho Club in London. The show, curated by former British Vogue editor Edward Enninful alongside Tate curators, explores the creative energy of the 1990s, featuring works by artists such as Damien Hirst, Corinne Day, Helen Chadwick, and Jenny Saville. Enninful emphasized that the exhibition is not solely focused on the Young British Artists (YBA) moment but presents a broader cultural narrative.

Kiss and Tell! In Venice, Nude Tino Sehgal Work Is Talk of the Town

Laurent Asscher's AMA Venezia foundation in Venice is showcasing Tino Sehgal's live performance piece "Kiss (Clean Version)" during the 61st Venice Biennale. The work features a nude couple reenacting famous kisses from art history, performed by rotating dancers over hours. Asscher acquired the piece after meeting Sehgal, having previously bought a different Sehgal work at a charity auction. The performance has become a standout attraction amid the Biennale's crowded opening week.

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The inaugural edition of Art Basel Qatar launched with a unique booth-less format, prioritizing single-artist presentations and regional connections over the typical high-speed frenzy of European fairs. While the pace of transactions was more measured, significant sales were reported, including a $250,000 video installation by Kutlug Ataman sold by Niru Ratnam to an institution and multiple works by regional stars like Ahmed Mater and Ali Cherri. High-value blue-chip items, including a $42 million Picasso, remained tucked away in private viewing rooms to accommodate the region's preference for discretionary collecting.

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London’s Lightroom venue has announced a major new immersive multimedia experience titled “David Bowie: You’re Not Alone,” scheduled to open in April 2026. Developed in partnership with the Bowie estate and designed by 59 Studio, the hour-long spectacle utilizes 36-foot walls to project rare performance footage, interviews, and never-before-seen archival material. The production is led by Mark Grimmer, who previously co-curated the Victoria & Albert Museum’s landmark 2013 retrospective of the artist.

worst artworks we saw around the world in 2022 2219621

Artnet News editors compiled a list of the worst artworks they encountered in 2022, including a chaotic performance by Poncili Creación at NADA Miami, an overproduced Danish Pavilion installation by Uffe Isolotto at the Venice Biennale, and a Paul Cézanne painting at the Barnes Foundation that disappointed a critic. The article offers subjective, critical takes on these works, describing the NADA performance as bizarre and jolting, the Danish pavilion as graphic and lacking a powerful message, and the Cézanne as a disappointment within an otherwise memorable museum visit.

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Sotheby's held a marathon evening sale in New York on Tuesday night, achieving $706 million in total sales—the highest single-evening total in the auction house's history. The standout was the collection of Leonard A. Lauder, which alone brought $527.5 million, led by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914-16) that sold for $236.4 million after a 20-minute bidding war. A second sale of contemporary and ultra-contemporary works added $178.5 million, with Jean-Michel Basquiat's *Crowns (Peso Neto)* (1981) topping that session at $48.3 million. Notably, no lots were withdrawn across both sales, and Asian collectors drove bidding on many high-value lots. Maurizio Cattelan's gold toilet *America* (2016) sold for $12.1 million, drawing only one bid.

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Blum gallery, a powerhouse with locations in Los Angeles and Tokyo, is closing its brick-and-mortar operations after 31 years. Founded as Blum and Poe in 1994, the gallery laid off most of its staff and will transition to a flexible studio model with no permanent public space or formal artist roster. The gallery represents high-profile artists including Yoshitomo Nara and Mark Grotjahn, whose works have sold for over $10 million. Co-founder Jeff Poe left the partnership two years ago, leaving Tim Blum in control alongside managing partner Matt Bangser.

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London's summer auction season saw Sotheby's evening sale bring in $85.7 million, a significant drop from $105 million last year and a 70% decline from $280.1 million in 2015. Christie's opted out of an evening auction entirely, holding only a day sale that netted $12.7 million, while Phillips' combined sales totaled $17.6 million. Highlights included a Tamara de Lempicka painting selling for $10 million, a Jenny Saville drawing setting a new auction record at $2.11 million, and six works from the Dorothy and Roy Lichtenstein collection. The sales were described as 'sensible' by advisor Todd Levin, reflecting a cautious market post-Art Basel.

phillips nets lean 52 million in new york led by basquiat that david bowie bought for 93000 2644336

Phillips’s Modern and contemporary art evening sale in New York totaled $52 million, a sharp decline from $86.3 million last year. Four lots were withdrawn before the sale, including works by Pablo Picasso and Jasper Johns, and five lots failed to sell, yielding an 86% sell-through rate (78% including withdrawals). The hammer total of $41.8 million fell below the pre-sale low estimate of $52.3 million. Notable sales included a Basquiat piece once owned by David Bowie, which sold for $6.59 million (Bowie bought it in 1995 for $93,400), and a Kiki Kogelnik painting that set a new artist record at $356,000. Five auction records were set overall, including for Ilana Savdie, Olga de Amaral, Grace Hartigan, and James Turrell.

Back to the 90s: Tate exhibition to explore decade’s art and fashion

Tate Britain will stage a major exhibition titled "The 90s: Art and Fashion" this autumn, curated by former British Vogue editor Edward Enninful. The show will feature nearly 70 artists, photographers, and designers, including Steve McQueen, Chris Ofili, Damien Hirst, Alexander McQueen, and Tracey Emin, alongside works by Juergen Teller, Mark Leckey, and others. It will explore the decade's art, fashion, and club culture, with pieces such as McQueen's film "Bear" (1993), Ofili's Turner Prize-winning "No Woman, No Cry" (1998), and images from Manchester's Haçienda and London's Bagley's nightclubs.

art advisor power list collecting 2026

CULTURED magazine has published its 2026 list of 16 Power Advisors, highlighting the professionals who guide collectors in building influential art collections. The list includes established figures like Samy Ghiyati and Nicolas Nahab of the Paris-based advisory NG Partners, as well as Los Angeles-based advisor Nancy Gamboa, who worked with collector Jarl Mohn on the MAC3 donation to LACMA, MOCA, and the Hammer. The article notes that the number of art advisors has grown alongside the art market, with a 2020 survey finding that 30% of New York collectors had worked with one.

The Interview: Ei Arakawa-Nash

Ei Arakawa-Nash, a Japanese American performance artist, was selected to represent Japan at the 61st Venice Biennale, becoming the first non-Japanese national to do so in a solo presentation. This follows his first solo museum exhibition, "Paintings Are Popstars," at Tokyo's National Art Center in 2024, which was also the center's first solo show devoted to a performance artist. In an interview with ArtReview, Arakawa-Nash discusses his naturalization as a U.S. citizen, his complex relationship with national identity, and his upcoming Venice exhibition titled "Grass Babies, Moon Babies," cocurated by Lisa Horikawa and Takahashi Mizuki, which will explore themes of care and reparation using babies as a central motif.

Remembering Georg Baselitz, Nicole Hollander, and Doris Fisher

Hyperallergic's weekly 'In Memoriam' column honors seven figures from the art world who recently passed away, including German Neo-Expressionist painter Georg Baselitz, feminist cartoonist Nicole Hollander, and arts patron Doris F. Fisher, co-founder of The Gap. Other notable figures remembered are photographer Stephanie Chernikowski, West Coast assemblage artist George Herms, Spanish artist and designer José María Cruz Novillo, and Bay Area muralist Dan Fontes. The article provides brief biographies and highlights of their contributions to visual art, photography, comics, and public art.

The Box LA, Beloved Risk-Taking Art Space, Closes After 19 Years

The Box LA, a pioneering experimental art space in Los Angeles known for its fearless support of unconventional and performance art, is closing after 19 years. Founded in 2007 by Mara McCarthy in Chinatown (later moving to the Arts District), the gallery operated as a commercial space but with a nonprofit ethos, championing underrecognized artists from her father Paul McCarthy's generation alongside emerging talents. Its final exhibition, a retrospective of Wally Hedrick presented with Parker Gallery, ended April 4, with a closing celebration planned for June 6 featuring a fashion show by Johanna Went. The closure is attributed to financial struggles, exacerbated by the Eaton Fire that destroyed McCarthy's home and her family's, and a shift in support from McCarthy Studios.

Joan Semmel Is Doing Her Best Work at 93

Nonagenarian painter Joan Semmel is experiencing a significant career renaissance, marked by a major survey exhibition at the Jewish Museum and a concurrent solo show at Alexander Gray Associates. At 93, Semmel continues to work from her Soho studio, where she has lived for over fifty years, producing unflinching figurative paintings that explore the female body, aging, and the gaze. The article traces her trajectory from her early education at Cooper Union and a formative period in Madrid to her pivotal role in feminist art history.

Art as Experimental Setup

Kunst als Versuchsanordnung

The influential Berlin-based artist and professor Thomas Zipp has passed away unexpectedly. Known for his immersive installations that blurred the lines between art, science, and madness, Zipp created complex "experimental setups" involving painting, sculpture, and performance. His work often explored dark parallel worlds, notably evidenced in his haunting 2013 Venice Biennale project that transformed a palazzo into a derelict psychiatric ward.

Éliane Radigue, Electronic Music Pioneer, Dies at 94

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Éliane Radigue, a pioneering French composer and electronic music visionary, has died at the age of 94 in Paris. A student of musique concrète founders Pierre Schaeffer and Pierre Henry, Radigue became renowned for her meditative, long-form compositions created primarily on the ARP 2500 modular synthesizer. Her work, deeply influenced by Tibetan Buddhism, focused on the subtle, sculptural qualities of sound and "barely perceptible" sonic shifts.

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Komal Shah, a prominent art collector, announced the renaming of her Shah Garg Foundation to the Making Their Mark Foundation, coinciding with a three-day forum in Washington, D.C., scheduled for March 2025. The foundation takes its name from the traveling exhibition "Making Their Mark: Works from the Shah Garg Collection," curated by Cecilia Alemani, which highlights women artists from Shah and her husband Gaurav Garg's collection. The forum, held at the Martin Luther King Jr. Memorial Library, will feature panels, keynotes, and performances organized around themes like Visionary Voices and Changemakers, with Alemani as curatorial director and Loring Randolph as director.

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John Pritzker, a Top 200 collector and Metropolitan Museum of Art trustee, has donated 188 Dada and Surrealist works by 37 avant-garde artists to the Met. The Bluff Collection includes pieces by Man Ray, Marcel Duchamp, Max Ernst, Francis Picabia, and others, spanning collages, paintings, photographs, objects, and rare publications. Many works will feature in the museum's upcoming exhibition “Man Ray: When Objects Dream,” opening September 14, which includes 35 Man Ray pieces from the collection. The gift also establishes a research program funded by the John Pritzker Family Fund.

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More than 100 artists and scholars, including Emily Jacir, Hans Haacke, and Michael Rakowitz, have signed an open letter defending Dr. Sara Nadal-Melsió, the former associate director of the Whitney Museum of American Art's Independent Study Program (ISP), whose position was eliminated in June 2025. The termination followed the cancellation of a pro-Palestine performance titled "No Aesthetic Outside My Freedom: Mourning, Militancy, and Performance" by artists Fadl Fakhouri, Noel Maghathe, and Fargo Tbakhi, scheduled for May 12, 2025. The museum canceled the event after viewing a recording where a performer asked attendees who "believe in Israel in any incarnation" to leave. Nadal-Melsió had published a protest letter against the cancellation, leading to her dismissal. The open letter also demands the reopening of the ISP, which was suspended for the 2025-2026 program.

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A group of artists participating in the Whitney Museum's Independent Study Program (ISP) have withdrawn their work from a capstone exhibition at Westbeth Gallery to protest the museum's cancellation of a pro-Palestine performance. The performance, titled "No Aesthetics Outside My Freedom: Mourning, Militancy, and Performance," by artists Fadl Fakhouri, Noel Maghathe, and Fargo Tbakhi, was scheduled for May 12 as part of the ISP curatorial exhibition "a grammar of attention." The Whitney canceled it after viewing a recording of an earlier presentation, citing the performers' demand that attendees who believe in Israel leave the audience and the valorization of specific acts of violence. ISP Associate Director Sara Nadal-Melsió stated that the cancellation was imposed by Whitney leadership, including director Scott Rothkopf, and that the independence of the ISP has been seriously compromised.

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The Smithsonian’s National Museum of Asian Art (NMAA) has signed a formal partnership agreement with Saudi Arabia’s Royal Commission for AlUla (RCU), formalizing two years of behind-the-scenes collaboration. Signed by NMAA director Chase Robinson and RCU chief executive Abeer Al Akel, the deal covers joint archaeological research, exhibition loans, curatorial exchange, and professional development, with a focus on the ancient site of Dadan, a key stop on the Incense Road. The partnership is part of Saudi Arabia’s Vision 2030 plan to rebrand the kingdom as a global cultural destination.

Our pick of the best pavilions at the 61st Venice Biennale

The article highlights standout national pavilions at the 61st Venice Biennale. The Belarus Pavilion features a powerful installation by the Belarus Free Theatre, including a wheat field built by former political prisoners, straw spiders made from prison bars, and a confession booth that runs facial recognition. The Brazil Pavilion presents a joint exhibition by Rosana Paulino and Adriana Varejão, focusing on colonial wounds and trauma through works like Paulino's 'Aracnes' and Varejão's 'Still Life amid Ruin'. The Bosnian Pavilion by Mladen Bundalo invites tactile engagement with themes of diaspora and migration, while the Austrian Pavilion by Florentina Holzinger draws attention with nude performers in water-filled pools.

"A Radical Change": Art Brussels Reinvents Itself for Its Collectors

« Un changement radical » : Art Brussels se réinvente pour ses collectionneurs

Art Brussels, the Belgian art fair, is implementing a significant strategic overhaul for its 42nd edition. The fair is reducing its size by 18%, featuring 136 galleries, and consolidating into a more compact layout to prioritize visitor experience and quality over quantity. It is introducing a new artistic advisory desk to guide collectors and launching a curated section for monumental works.