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artnews celebrates 2025 top 200 collectors issue

On September 18, ARTnews celebrated the 2025 edition of its annual Top 200 Collectors list with a launch party at the newly opened Faena New York in Chelsea. The event was cohosted by collectors Beth Rudin DeWoody and Miyoung Lee, both trustees of the Whitney Museum. ARTnews Editor-in-Chief Sarah Douglas introduced the hosts, highlighting DeWoody's role as a supportive art patron and Lee as a representative of a younger generation of collectors. Other Top 200 Collectors in attendance included Michael Ovitz, Lonti Ebers, Lisa Goodman, Rodney Miller, Pete Scantland, and James Keith “JK” Brown and Eric Diefenbach. The evening featured a performance by pianist Arsha Kaviani, Cognac from LOUIS XIII, wines from Rioja, luxury perfumes from Xerjoff, and photo cards from Chubb.

sothebys to sell rene magritte work bought by family of nazi executed wwii resistance fighter

A René Magritte painting, *La Magie Noire* (1934), will be auctioned at Sotheby’s Paris on October 24 with a high estimate of €7 million ($8.1 million). The work has remained in the same private collection for nearly a century, having been acquired directly from the artist by the family of World War II resistance heroine Suzanne Spaak, who was executed by the Gestapo in 1944 for helping Jewish children escape Nazi persecution. The painting depicts Magritte’s wife, Georgette Berger, and is the first of ten portraits in which the female body merges with sky, stone, and spirit.

british museum ball international partnerships

The British Museum in London has announced a new fundraising event called the British Museum Ball, scheduled for October 18, with a pink theme inspired by the colors and light of India, tied to its exhibition 'Ancient India: Living Traditions.' The gala will be co-chaired by Isha Ambani, a patron of the Nita Mukesh Ambani Cultural Centre in Mumbai, and will feature a silent auction, music by Anoushka Shankar and Jules Buckley, and a guest list including Zadie Smith, Naomi Campbell, Idris Elba, Miuccia Prada, and others. Proceeds will support the museum's international partnerships and its goal of making its collection more accessible worldwide.

picasso museum paris expansion sculpture park plan

The Musée Picasso-Paris has announced a €50 million ($59 million) transformation plan, including a new wing for temporary exhibitions and a redesigned garden that will connect with the nearby Square Léonor-Fini. The project, scheduled for construction from 2028 to 2030, will double the museum's temporary exhibition space to 8,600 square feet and create a 25,000-square-foot sculpture park featuring around 10 Picasso sculptures, free to the public without a museum ticket. The museum plans to remain open during construction, which will be funded through patronage raised by a foundation hosted by the Académie des Beaux-Arts, with a significant donation from the Picasso family.

aspen art museum redefining future

The Aspen Art Museum is undergoing a strategic shift under director Nicola Lees, moving away from its reputation as a collector's clubhouse toward becoming a global institution. The museum's annual ArtCrush gala and fundraiser week, once centered on wealth-displaying collector home visits and glitzy parties, now emphasizes intellectual programming like the inaugural AIR festival, a $20 million artist-led interdisciplinary initiative featuring talks by Werner Herzog and Hans Ulrich Obrist. This change comes amid soaring local real estate prices, including a $108 million home co-purchased by Steve Wynn and Thomas Peterffy, and contrasts the area's deep pockets with the museum's free admission since 2008.

sothebys karpidas sale white glove smashes estimate

Sotheby's achieved a white-glove sale of Pauline Karpidas's collection on Wednesday night, far exceeding its $53 million high estimate to reach $100 million. All 55 lots sold, with 70% surpassing their high estimates, marking the highest total for a designated auction held in London. Two additional sales from the collection are ongoing: a day auction of 193 lots and an online sale of 97 lots, with a combined presale estimate of $80 million. The auction featured 23 Surrealist works, including pieces by René Magritte, and replicated Karpidas's London home in the salesroom.

saul dennison art new museum chairman dead at 96

Saul Dennison, a prominent arts patron and longtime supporter of the New Museum in New York, died on September 11 at age 96. Dennison and his wife Ellyn, who died earlier this year, were avid art collectors whose holdings ranged from new media and photography to classical sculpture and conceptual works. Dennison served as president of the New Museum's board of trustees from 1999 to 2013, then as chairman until his death, and was instrumental in the museum's 2007 opening of its permanent home on the Bowery. He also helped the museum secure a crucial challenge grant from philanthropist Vera List by suggesting artworks be accepted as donations toward the fundraising goal.

leonard lauder sothebys klimt matisse

Sotheby's has secured a major consignment of approximately $400 million in art from the collection of the late Leonard Lauder, who died in July at age 92. The highlight is Gustav Klimt's "Portrait of Elisabeth Lederer" (1914–16), expected to fetch over $150 million, potentially shattering Klimt's auction record. The sale also includes two other Klimt landscapes, six bronzes by Henri Matisse, a $20 million Edvard Munch painting, and an Agnes Martin work, totaling 55 artworks. The auction will inaugurate Sotheby's new space in the former Whitney Museum building, designed by Marcel Breuer.

patrizia sandretto re rebaudengo new museum commissions

Patrizia Sandretto Re Rebaudengo, a top European art collector and founder of a Turin-based foundation, is partnering with New York's New Museum for a series of commissions. The first commission will be realized by Italian artist Diego Marcon, known for his uncanny videos, with his work titled 'Krapfen'—a musical dance film blending American animation and Italian opera. The New Museum, currently undergoing a renovation and expansion with a seven-story annex, is set to reopen this fall. 'Krapfen' was also co-commissioned by Chicago's Renaissance Society, Paris's Lafayette Anticipations, and the Vega Foundation, run by Canadian collector Elisa Nuyten, and will debut at the Renaissance Society before its New Museum run.

elaine wynn francis bacon lacma christies november auction

The estate of Elaine Wynn, the late casino magnate and top art collector who died in April 2024, has announced plans for her renowned collection. Francis Bacon's triptych *Three Studies of Lucian Freud* (1969)—which Wynn purchased for a record $142.2 million at Christie's in 2013—will be donated to the Los Angeles County Museum of Art (LACMA), where she served as board cochair. The painting, the first Bacon to enter LACMA's collection, will debut in the museum's new David Geffen Galleries when they open next year. Separately, Christie's will auction 20 works from Wynn's collection across three sales in New York this November, with estimates totaling at least $75 million. Highlights include Richard Diebenkorn's *Ocean Park #40* (1971), Lucian Freud's *The Painter Surprised by a Naked Admirer* (2004–05), Joan Mitchell's *Sunflower V* (1969), and J.M.W. Turner's *Ehrenbreitstein* (1835).

us ambassador uk cezzane monet winfield house

America’s new ambassador to Britain, Warren Stephens, has transformed Winfield House, the official residence in Regent’s Park, into a private museum by installing works from his family’s art collection. The display includes several Cézannes, a Renoir, a Degas, and a centerpiece Monet painting, *Effet de soleil couchant sur la Seine à Port-Villez* (1883), hung above the drawing-room mantelpiece. Unlike most ambassadors who rely on loans from the State Department’s “Art in Embassies” program, Stephens draws directly on his own holdings, which were assembled in partnership with the Arkansas Museum of Fine Arts.

legendary art collector sylvio perlstein has died

Sylvio Perlstein, the legendary art collector, patron, and impresario, died on August 6. Hauser & Wirth confirmed the news, calling him a visionary who shaped one of the most important art collections of the past century. In 2018, the gallery exhibited 380 pieces from his collection across its Chelsea and Hong Kong locations in the show 'The Sylvio Perlstein Collection – A Luta Continua'. Perlstein was born in Belgium in the 1930s, fled to Brazil with his family during World War II, and later joined the diamond business in Antwerp. His collection spanned Dada, Surrealism, American minimalism, and Land art, featuring works by Man Ray, René Magritte, Donald Judd, and many others. He maintained close friendships with artists and displayed works throughout his Paris home, which cultural critic Arthur Lubow described as 'a contemporary version of Ali Baba's cave'.

sothebys karpidas collection sale lots magritte surrealism

Sotheby's has announced the headline lots for the upcoming sale of British socialite and arts patron Pauline Karpidas's collection, set to take place September 17–19 in London. The 250-item auction, described as the 'greatest collection of Surrealism to emerge in recent history,' is led by René Magritte's oil painting *La Statue volante* (1940-41), estimated at £9–12 million ($12–16 million). Other highlights include ten more Magritte works, four Andy Warhol pieces from his 'Art from Art' series, and works by Pablo Picasso, Salvador Dalí, and Leonora Carrington, along with furniture and design objects.

sothebys london to sell greatest collection of surrealism to emerge in recent history in september

Sotheby's London will auction the collection of British socialite, collector, and arts patron Pauline Karpidas on September 17 and 18. Described as the 'greatest collection of Surrealism to emerge in recent history,' it includes masterpieces by René Magritte, Salvador Dalí, Leonora Carrington, and Max Ernst, along with works by Andy Warhol, Pablo Picasso, and others. The sale is expected to fetch £60 million ($81 million), the highest estimate ever placed on a single collection at Sotheby's in Europe. Karpidas, who began collecting 50 years ago after meeting gallerist Alexander Iolas, views herself as a 'temporary custodian' for the artworks.

sam gilliam sculpture textile fiber dublin ireland imma

The article reviews an exhibition of Sam Gilliam's work at the Irish Museum of Modern Art (IMMA) in Dublin, focusing on 23 works from the 1990s that highlight his use of sewing and stitching. Gilliam, a relentless experimenter who died in 2022, is known for moving from hard-edged stripe paintings to draped, unstretched canvases that blurred painting and sculpture. This show reveals a lesser-known aspect of his practice: patchwork-like assemblages of painted and printed canvas pieces held together by visible machine stitching, often incorporating photographic imagery of botanical forms. The works originated from a 1993 residency in Ballinglen, County Mayo, where Gilliam shipped pre-painted canvases from Washington, D.C., and had a seamstress sew them together.

top art collector david geffen sued by estranged husband for breach of contract

Entertainment mogul and top art collector David Geffen was sued on Tuesday by his estranged husband, model Donovan Michaels, for alleged breach of contract. The lawsuit, filed in Los Angeles Superior Court, claims Geffen promised Michaels lifelong financial support but cut him off after initiating divorce proceedings. The 33-page complaint describes their relationship as exploitative, comparing it to the plot of "Trading Places." Separately, Geffen is also entangled in a legal dispute with crypto billionaire Justin Sun over an Alberto Giacometti sculpture allegedly stolen and traded as part of a fraud scheme.

vermeer the street new research

The Rijksmuseum's 2023 Vermeer exhibition, which brought together 28 of the artist's 34 surviving paintings, was a historic success, drawing 650,000 visitors and inspiring extensive new research. A new book, *Closer to Vermeer*, presents findings from advanced imaging techniques and archival studies, revealing that Vermeer made significant changes to 30 of his paintings. For example, in *The Little Street* (1658–59), the door was originally painted shut, the children were absent, and the woman was positioned differently, showing how Vermeer deliberately opened the scene to viewers. Other alterations include modifications to *The Milkmaid* (1657–58) and *Diana and her Nymphs* (1653–54).

john singer sargent the gilded age hbo

HBO's *The Gilded Age* introduces John Singer Sargent (played by Bobby Steggert) in its third season, depicting the artist painting a portrait of Gladys Russell. The show coincides with the 100th anniversary of Sargent's death and major exhibitions on both sides of the Atlantic. The episode features the unveiling of the portrait, which was actually a photograph printed on canvas with fake brushwork.

curator xiaowen zhu interview

Xiaowen Zhu, director of Esea Contemporary in Manchester, discusses her journey and the evolving representation of Asian artists in the global art world. Born in Shanghai, Zhu reflects on her formative encounter with Ai Weiwei's *Fairytale* at Documenta 12 in 2007, which shaped her understanding of diaspora and belonging. She now leads the UK's only non-profit art center dedicated to East and Southeast Asian (ESEA) artists, and serves on the British Council’s Arts and Creative Economy Advisory Group.

parthenon marbles update

Greece is building a cultural coalition with Italy to strengthen its campaign for the return of the Parthenon Marbles from the British Museum. Italy's culture minister Alessandro Giuli pledged support during a visit to Athens and announced the repatriation of 145 ancient coins. Greek culture minister Lina Mendoni is leading efforts to build international backing, and the two countries have devised joint cultural initiatives, including an exhibition of modern Greco-Italian metaphysical painters. Meanwhile, the U.K.'s Labour government has taken a neutral stance on the issue, departing from the previous Conservative government's opposition, and negotiations between Greece and the U.K. are described as "ongoing and constructive."

romania wins long term hold on disputed el greco

Romania has secured a "long-term hold" on El Greco's painting *Saint Sebastian* (1610–1614), which was pulled from a Christie's New York Old Masters sale in February. The work is claimed by Romania as unlawfully taken from its national collection in 1947. The painting will remain at Christie's until legal proceedings resolve the dispute. Meanwhile, Italian sculptor Arnaldo Pomodoro died in Milan at age 98, and abstract painter Thornton Willis died in New York at 89. Other news includes a letter from National Gallery director Gabriele Finali defending the Rubens attribution of *Samson and Delilah*, Japan's curatorial appointments for the 2026 Venice Biennale, and a Bristol City Council fundraiser to acquire an early JMW Turner painting.

cubism at the met modern art that looks tragically antique

The Metropolitan Museum of Art's current "Cubism" exhibition showcases masterpieces from the Leonard A. Lauder Cubist Collection, featuring works by Pablo Picasso, Georges Braque, Juan Gris, and Fernand Léger. The show spans six galleries and presents some of the finest examples of Cubist art, including iconic pieces like Braque's *The Castle of La Roche-Guyon* (1909) and Picasso's *The Oil Mill* (1909). The exhibition is essentially a curated display of Lauder's promised gift to the Met, highlighting the "Four Horsemen" of Cubism while omitting the broader context of the movement's other pioneers, such as the Salon Cubists.

metropolitan museum of art rockefeller wing reopening

The Metropolitan Museum of Art in New York has unveiled the renovated Michael C. Rockefeller Wing, dedicated to the art of Africa, Oceania, and the ancient Americas. Designed by Kulapat Yantrasast of WHY Architecture with Beyer, Blinder, Belle Architects, the 40,000-square-foot wing opened to the public on May 31, showcasing 1,800 objects from 663 cultures across 90 countries. The collection originated from Nelson Aldrich Rockefeller, who began acquiring non-Western art in 1930 and later founded the Museum of Primitive Art in 1957 after the Met initially declined his donation.

sir joshua reynolds portrait inheritance tax

The Tate in London has acquired a full-length portrait by Joshua Reynolds of the 5th Earl of Carlisle (1748–1825) through the UK's Acceptance in Lieu scheme, which allows art to be transferred to the nation in place of inheritance tax. The painting, valued at $6.1 million (£4.7 million), was painted in 1769 and had hung at Castle Howard in North Yorkshire for over 200 years. It will remain on public display there but will also travel to other venues including Tate Britain.

natural history museum will remove human remains from display

The American Museum of Natural History in New York City will remove human remains from its public displays over the next eight weeks and update its policies regarding the collection. The decision follows an investigation by Erin Thompson, a professor of art crime at John Jay College, whose report for Hyperallergic raised ethical and legal concerns about the acquisition of approximately 12,000 individuals' remains held by the museum. Museum president Sean Decatur announced the removal as the "right course of action," acknowledging that the remains were collected without consent and often used to advance racist scientific agendas.

met museum rockefeller wing renovation review

The Metropolitan Museum of Art's Michael C. Rockefeller Wing, closed since 2021, reopens after a $70 million renovation. The redesign by architect Kulapat Yantrasast transforms the previously dark and cramped galleries into airy, energizing spaces, with a major rehang that reconfigures the Oceania galleries. Notable changes include the repositioning of a Kwoma ceremonial house ceiling in collaboration with descendants of the original painters, the relocation of Asmat funerary poles to a dedicated gallery, and the addition of newly acquired works by Ömie artist Ilma Savari. The renovation also features revised wall texts that better contextualize the objects.

5 rediscoveries transforming black art narratives

Artnet News highlights five recent rediscoveries and reinterpretations that are reshaping narratives around Black artists and sitters in art history. These include Gustav Klimt's long-lost portrait of Prince William Nii Nortey Dowuona, an Osu prince exhibited in a racist "human zoo" in Vienna, which resurfaced in 2023 and was shown at TEFAF Maastricht with a $16.4 million price tag. Also featured are Edvard Munch's dual portrayals of Sultan Abdul Karim—one intimate, one stereotyped—on view at the National Portrait Gallery in London, and new research identifying James Cumberlidge, a Black servant in a Jean-Baptiste van Loo portrait, correcting a historical misattribution.

berruguete restoration altarpiece

The Museum of Fine Arts in Bilbao has completed a restoration of Pedro Berruguete's *The Annunciation* (1485–1490), a painting that once formed part of an altarpiece likely for a church in Palencia, Spain. The work, on a five-year loan from the Arburu collection, had suffered from cracks, dirt, and oxidized varnish over centuries. Two specialists—Elisa Mora Sánchez for the paint layer and Mayte Camino Martín for the gilding—cleaned, repaired, and re-gilded the panel, revealing Berruguete's blend of Italian Renaissance, Flemish, and Castilian Gothic influences.

6 textile works at moma

MoMA has opened "Woven Histories: Textiles and Modern Abstraction," a touring survey that examines the role of textiles in modern and contemporary art. The exhibition features works by artists such as Sonia Delaunay, Paul Klee, Agnes Martin, Jeffrey Gibson, and Anni Albers, and incorporates other mediums like video and photography. Curator Lynne Cooke notes that the show has evolved at each venue, and at MoMA it holds special significance because the museum was foundational in writing the history of Modernism and collected textiles from its early days.

leonard blavatnik james dyson idan ofer rich list uk 2025

The Sunday Times's 2025 'Rich List' shows that Top 200 collector and art patron Leonard Blavatnik's net worth fell by more than £3.5 billion to £25.725 billion, dropping him to #3 on the UK wealth ranking. The list includes over a dozen collectors from ARTnews's 2024 Top 200 Collectors list, such as James Dyson, Idan Ofer, Viatcheslav Moshe Kantor, Alan Howard, and Mohammed Mahdi al-Tajir, with Ofer noted as one of the top five individuals whose wealth rose most. Other figures mentioned include Simon Reuben, John Fredriksen, Sri Prakash Lohia, Lakshmi Mittal, Elton John, and former Christie's stakeholder Joe Lewis.