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top 10 german art collectors 472364

Artnet News has published a list of the top 10 German art collectors, coinciding with the opening of Art Cologne 2015. The list includes notable figures such as Frieder Burda, who opened his own museum in Baden-Baden; Nicolas Berggruen, the "homeless billionaire" who favors contemporary American and German artists; Christian and Karen Boros, who display their collection in a repurposed Berlin bunker; industrialist Reinhold Würth, whose collection spans from Renaissance to contemporary; former dealer Désiré Feuerle, known for his eclectic mix of Khmer sculpture and contemporary art; and Hasso Plattner, co-founder of SAP and a major collector of Impressionist and modern works.

paint drippings art industry news jun 2 2651753

This week's art industry roundup covers major personnel shifts, fair announcements, and institutional news. Phillips named Robert Manley chairman for Modern and contemporary art and Miety Heiden chairman for private sales after the departures of Cheyenne Westphal and Jean-Paul Engelen. Art Basel Paris announced 203 galleries for its October fair at the Grand Palais, while Kiaf Seoul will host 176 exhibitors in September. Tony Karman is stepping down as director of Expo Chicago after 14 years. Pace Gallery added Friedrich Kunath, Galerie Nordenhake signed Naufus Ramírez-Figueroa, and Sylvia Kouvali now represents Luigi Zuccheri. Ariel Pittman is launching a new Los Angeles gallery, Official Welcome. The Louvre will return 258 works from Adèle de Rothschild's bequest to the Fondation des Artistes. President Trump dismissed Smithsonian National Portrait Gallery director Kim Sajet over DEI support, though his authority is questioned. The Centre Pompidou announced a new $240 million outpost in Brazil. The Art Institute of Chicago confirmed director James Rondeau will return after a flight incident. The Pérez Art Museum Miami appointed Karen H. Bechtel as board president. Frieze and Deutsche Bank detailed their 2025 Emerging Curators Fellowship. A rare Gustav Klimt portrait of an African prince was offered for €15 million.

7 yayoi kusama works to know 2637394

Artnet News profiles seven key works by Yayoi Kusama, tracing her career from the 1960s to the present. The article highlights her iconic pieces such as *Narcissus Garden* (1966), a guerrilla installation at the Venice Biennale where she sold mirrored spheres, and *Death of a Nerve* (1976), a soft sculpture reflecting her emotional struggles after returning to Japan. It also notes her early life, including her traumatic childhood, move to New York, and friendships with artists like Georgia O'Keeffe and Joseph Cornell.

the appraisal jack whitten 2637789

The article reports on the Museum of Modern Art's retrospective "Jack Whitten: The Messenger," which runs through August 2 and features 175 works including paintings, sculpture, and archival materials. Curator Michelle Kuo describes Whitten's "endless innovation," noting that art handlers were astonished by his pioneering techniques. Whitten, who died in 2018 at age 78, moved from Alabama to New York in 1960, attended Cooper Union, and was influenced by jazz and figures like Willem de Kooning and Romare Bearden. The article also examines Whitten's art market, highlighting his auction record of $2.66 million for "Special Checking" (1974) at Sotheby's in 2019, and noting that while prices are rising, his work remains undervalued compared to peers like Gerhard Richter.

maike cruse basel 2496006

Maike Cruse, the new director of Art Basel's flagship fair in Basel, is preparing for the 2025 edition opening to VIPs next week. The fair will feature 285 galleries from around the world, including the Unlimited section for large-scale works and a conceptual wheat field by Agnes Denes originally planted at the World Trade Center in 1982, now growing at the Messeplatz. In an interview, Cruse discusses her transition from leading Gallery Weekend Berlin for a decade, the evolution of Basel as an art market hub, and her vision for rejuvenating the fair while maintaining its regional identity.

10 Practical Reasons We Need to Defend the National Endowment for the Arts

10 practical reasons need fund defend national endowment arts 1789539

President Donald Trump's administration has renewed efforts to defund the National Endowment for the Arts (NEA), proposing for the fourth consecutive year a budget that would zero out the agency. The Heritage Foundation, a conservative think tank that has staffed the current administration, continues to promote its 1997 report 'Ten Good Reasons to Eliminate Funding for the National Endowment for the Arts' as a key reference in debates. This article, originally published in 2020 and republished in response to these developments, systematically rebuts each of the Heritage Foundation's arguments against the NEA, beginning with the claim that private support alone is sufficient.

3 million jeff koons hulk sells on buoyant first day at frieze new york 2641415

At the VIP opening of Frieze New York on Wednesday, dealers reported strong sales despite economic uncertainty from Trump administration policies and trade war threats. The fair, recently sold to Hollywood powerhouse Ari Emanuel, returned to the Shed in Hudson Yards with 67 exhibitors. Gagosian Gallery generated the most buzz, selling one of three Jeff Koons Incredible Hulk sculptures—polychromed steel works priced around $3 million each—and placing a hold on another. Other notable sales included works by Tuan Andrew Nguyen, Tomie Ohtake, Sheila Hicks, Liza Lou, and Gertrude Abercrombie, with galleries like James Cohan, Galeria Nara Roesler, Thaddaeus Ropac, Karma, and Hauser & Wirth reporting brisk business.

hauser wirth uptown sale jens hoffmann project wet paint 2638685

Hauser & Wirth has sold its Upper East Side townhouse at 32 East 69th Street for $10.5 million to a developer, ending a decades-long presence in the neighborhood. The property, purchased in the 1990s as a family residence, was renovated by architect Annabelle Selldorf and later used as gallery space from 2009, hosting exhibitions by artists like Pope.L, Anna Maria Maiolino, Luchita Hurtado, and Arshile Gorky. Gallery co-founder Iwan Wirth cited a shift in the family's center of gravity to Chelsea and the business's expansion downtown with new locations on West 18th Street and Wooster Street in SoHo.

asia rising morgan stanley artnet 2030273

Artnet News and Morgan Stanley have collaborated on a report analyzing the art market's recovery after COVID-19, with a focus on Asia's emergence as a powerful engine. Using data from the Artnet Price Database and Artnet Analytics, the report shows that China (including Hong Kong) has become a dominant force, overtaking the U.S. and U.K. in fine-art auction sales. By 2020, China reclaimed the top-selling global fine-art auction market position, and as of mid-2021, it remains neck and neck with the U.S. The report also examines the role of Hong Kong, which has consistently contributed over 40% of China's fine-art sales, driven by its unique economic policies and integration into the global art market.

the venice biennale spotlights the market for latin american art 2502919

The Venice Biennale, often called the 'Olympics of the art world,' is spotlighting Latin American art in its 2024 edition. Curated by Adriano Pedrosa, director of the São Paulo Museum of Art and the first South American and openly queer person to hold the role, the exhibition titled 'Foreigners Everywhere' features over 330 artists, with more than 80 having ties to Latin America—about 24 percent of the show, up from 11 percent in 2022. The article examines the market for Latin American art, noting that while auction records exist (e.g., Frida Kahlo's $34.9 million painting), total auction volume for Latin American artists has declined from $388.3 million in 2015 to $245.5 million last year, reflecting a specialized market dominated by a few internationally recognized figures.

Georg Baselitz obituary

Georg Baselitz, the German painter and sculptor known for his provocative, expressionistic works and his iconic upside-down paintings, has died at the age of 88. The article traces his life from his childhood in war-torn Germany, through his early career as a rebellious artist in divided Berlin, to his rise as an international art star. It highlights his 1961 manifesto poster "Pandemonium I," his rejection of American abstraction, and his controversial 1963 exhibition that was raided by police for its explicit content.

robert mnuchin dealer dead 2731264

Robert Mnuchin, an investment banker turned prominent art dealer, died at 92 in Bridgewater, Connecticut. After a 33-year career at Goldman Sachs, he opened C&M Arts in 1992, later partnering with Dominique Lévy to form L&M Arts, and eventually running Mnuchin Gallery. He represented major artists like Willem de Kooning, Andy Warhol, and Mark Rothko, and advised billionaires including Steve A. Cohen and Mitchell Rales. Notably, in 2019 he secured Jeff Koons's sculpture *Rabbit* (1986) for Cohen at Christie's for $91 million, a record for a living artist at auction.

5 Under-Recognized Artists Getting Their Due in New York This Season

The article highlights five under-recognized artists whose exhibitions are on view in New York this season, focusing on Domenico Gnoli at Lévy Gorvy Dayan and Raquel Rabinovich at Hutchinson Modern and Contemporary. Gnoli, an Italian painter who died in 1970, is known for his pallid, claustrophobic depictions of everyday subjects, while Rabinovich, who died at 102 in January 2026, created somber minimalist paintings exploring silence and withholding. The piece notes that New York galleries often use the pre-fair period to showcase less prominent artists of great promise.

bob rennie national gallery of canada donation 24 artworks 1234777302

Vancouver-based collector Bob Rennie and his family have donated 24 significant contemporary artworks to the National Gallery of Canada in Ottawa. The gift features a major installation by Kerry James Marshall titled 'Wake' (2003–25), alongside works by Brian Jungen, Jin-me Yoon, and 17 pieces by Christopher Williams, marking the latter's debut in the museum's permanent collection.

israeli artist doron langberg addresses atrocities gaza 1234775691

Israeli artist Doron Langberg is launching his first New York exhibition in seven years at Jeffrey Deitch’s Tribeca gallery, marking a significant shift in his practice. Known primarily for "New Queer Intimism" and domestic portraits, Langberg’s new body of work pivots toward monumental landscapes that grapple with his Jewish identity and the destruction in Gaza. The exhibition features works inspired by his family’s Holocaust history in Ukraine, used as a lens to process current geopolitical violence.

roberts projects esmaa mohamoud cristin tierney debbi kenote 1234775791

The art world saw significant roster changes and leadership appointments this week, including Roberts Projects announcing representation of Esmaa Mohamoud and Cristin Tierney adding Debbi Kenote. Notable institutional moves include Charles Chemin being named Artistic Director of the Watermill Center and Julia Siemon stepping into a newly created Deputy Director role at the Bard Graduate Center. Additionally, the mid-season auction market showed unexpected strength, highlighted by Jeff Koons’s 'Winter Bears' selling for $7.6 million at Christie’s.

steve cohen revealed as consignor of cattelans golden toilet sothebys paris takes 21 5 m from davidson sale gladstone gallery now represents robert colescott morning links for november 7 202 1234760559

Billionaire financier and collector Steven Cohen has been revealed as the owner of one of Maurizio Cattelan's golden toilet sculptures, *America* (2016), which he purchased from Marian Goodman Gallery in 2017. Sotheby's will auction the 18-karat gold work on November 18 with an opening bid of about $10 million. Separately, Sotheby's Paris achieved €18.6 million ($21.5 million) from the collection of late real estate mogul Manny Davidson across two sales, the highest total for a single-owner sale in France this year. In other news, Gladstone Gallery now represents the estate of Robert Colescott, and the Philadelphia Museum of Art is planning a major Vincent van Gogh exhibition titled "Van Gogh's Sunflowers: A Symphony in Blue and Yellow" for 2026.

sothebys to sell cattelans golden toilet inside the studio museum in harlems new building and more morning links for october 31 2025 1234759722

Sotheby's will auction Maurizio Cattelan's 18-karat solid gold toilet, titled "America" (2016), during its marquee New York sales next month. The 100-kilogram work will be installed in a bathroom at the Breuer Building, Sotheby's new headquarters, with public viewing beginning November 8 and the auction on November 18. The starting bid will be set by the work's weight in gold, around $10 million. Separately, the article examines shifting boundaries in artist representation, using Tom Sachs as an example of a fine artist who worked with a PR agency (The Lede Company) for brand collaborations while his gallery Thaddaeus Ropac handled his fine art, raising questions about where a gallery's role ends and an agency's begins.

new trustees at seattle art museum industry moves 1234757467

This week's art industry moves include François Ghebaly now representing Paris-based painter Xie Lei, a finalist for the 2025 Prix Marcel Duchamp, whose work is on view at the Musée d'Art Moderne de Paris. Gray gallery in Chicago and New York has taken on pioneering abstractionist Candida Alvarez, with a solo exhibition planned for Fall 2027, while she continues to be represented by Monique Meloche Gallery. The Seattle Art Museum elected five new trustees: Joanna Beitel, Martha Draves, Margaret Morris, Jordon Voss, and returning former trustee Lyn Grinstein. The Khadhok—Tibetan Artists' Collective won the 2025 Rubin Museum Himalayan Art Prize, a $30,000 unrestricted award. Additionally, Canadian collector François Odermatt paid $19 million for Peter Doig's 1994 painting *Ski Jacket* at Christie's London, far exceeding its presale estimate.

art industry news october 9 2019 1673884

Sotheby’s Hong Kong concluded its fall auction series with a robust $426 million total, headlined by a record-breaking $25 million sale for Yoshitomo Nara. Amidst this market momentum, Nara’s upcoming LACMA retrospective was announced to travel to Shanghai’s Yuz Museum. Meanwhile, the New York art scene is bracing for major institutional milestones, including the Metropolitan Museum of Art’s 150th-anniversary plans and the imminent public opening of MoMA’s $450 million expansion.

paint drippings art industry news mar 3 2 2749401

Frieze Los Angeles launched with significant early momentum as Endeavor CEO Ari Emanuel acquired three quilts by artist Yvonne Wells from Fort Gansevoort before VIP hours officially began. The fair's opening day saw robust activity, including the $3.7 million sale of an Ed Ruscha painting, while major galleries like Pace Prints and Opera Gallery announced strategic expansions into Los Angeles and Houston respectively.

top artists auction 2025 2735297

The article reports that the top tier of the art auction market rebounded strongly in 2025, with the ten most expensive lots totaling $757.1 million, a 48% increase from 2024. Gustav Klimt became the top-selling artist, driven by the sale of his *Portrait of Elisabeth Lederer* (1914–16) from the collection of the late Leonard Lauder, which was the most expensive artwork of the year. The rankings saw significant shifts: René Magritte, the top artist in 2024, fell to sixth place, while blue-chip names like Pablo Picasso, Andy Warhol, and Jean-Michel Basquiat strengthened their positions. Notably, no women or living artists appeared among the top 20 sellers in 2025, a reversal from the previous year when Yayoi Kusama and Joan Mitchell were present.

7 must see museum shows on view across asia in 2026 2723845

Artnet News highlights seven must-see museum exhibitions across Asia in 2026, with a focus on women artists and diverse themes. Key shows include a retrospective of Korean sculptor Kim Yun Shin at the Hoam Museum of Art in Yongin, a posthumous exhibition of Japanese painter Rey Camoy at the Ishikawa Prefectural Museum of Art, a manga and fantasy art survey at M+ in Hong Kong, and a solo show by Belgian artist Carsten Höller at the UCCA Center for Contemporary Art in Beijing.

best artworks 2025 2706925

Artnet News editors and journalists compiled their annual roundup of the best artworks seen in 2025, highlighting standout pieces from around the world. Among the featured works are Richard Serra's monumental steel sculpture "East-West/West-East" (2014) in the Qatari desert, Emma Ferrer's painting "You Will Return the Evil to Its Steppe (Homage to Josefa de Óbidos)" (2024) shown at New York's Sapar Contemporary, and Kerry James Marshall's "The White Queens of Africa: Colette" (2025) from his retrospective at the Royal Academy of Art. Each artwork is accompanied by a personal reflection from the journalist who encountered it.

palm beach art guide museums galleries and gardens 2730350

Palm Beach is emerging as a major art destination, bolstered by Miami's growing art scene. The article highlights key cultural attractions including the Norton Museum of Art, which underwent a Norman Foster-designed expansion in 2019 and features Dutch Golden Age masterworks from the Leiden Collection, as well as a growing contemporary collection. Other notable sites include the Flagler Museum (Whitehall), a Gilded Age mansion showcasing historic interiors and a private railcar, and the Bunker Artspace, a private museum founded by collector Beth Rudin DeWoody in a converted toy factory, displaying over 600 works from her collection.

museum artists 2726456

The article reflects on the final 2025 edition of the Museum Artists list, which tracks the most exhibited artists in U.S. museums each quarter. The author notes that the top artists—such as Marie Watt, Jeffrey Gibson, and Rose B. Simpson—have remained consistent throughout the year, with a narrow band of stars appearing in many shows while a long tail of artists have limited visibility. Below the top 15, notable names include Julie Mehretu, Wangechi Mutu, and Jean Shin, with a cluster of older white female artists like Petah Coyne and Joyce Kozloff also gaining recognition.

miami art week must see 2025 2720467

Miami Art Week 2025 is set to be a major destination for collectors and art enthusiasts, featuring a packed schedule of fairs, gallery shows, museum exhibitions, and public art installations across Miami Beach. Key highlights include the Pop Art survey at the Margulies Warehouse showcasing works by Warhol, Lichtenstein, and Johns; the Rubell Museum's first solo survey of Thomas Houseago; a site-specific installation by Igshaan Adams at the ICA Miami; and Jack Pierson's exploration of Miami's influence on his work at the Bass.

shows to see art basel 2651674

Art Basel returns to its Swiss namesake city from June 19 to 22, with VIP previews on June 17 and 18. The article recommends stepping outside the fair to explore top-tier exhibitions across Basel, including Ernst Ludwig Kirchner's rediscovered painting 'Tanz im Varieté' (1911) at Kunstmuseum Basel, a major survey of Medardo Rosso at the same museum, and a solo show by Thomas Ott at Cartoonmuseum Basel. It also highlights Clearing gallery's off-site project 'Maison Clearing' in a private house with works by over 40 artists.

modern contemporary art 2639749

The article explores the distinction between Modern and contemporary art, explaining that Modern art emerged in the late 19th century as a reaction to classical art and the Industrial Revolution, with movements like Impressionism, Cubism, Futurism, and Surrealism redefining painting in response to photography. Contemporary art, by contrast, is a reaction to Modern art, with its start debated between World War II and the 1960s-70s consumerist era, encompassing diverse mediums such as sculpture, street art, and performance art, exemplified by artists like Jeff Koons, Banksy, and Yoko Ono.

Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

Contemporary Art Market Declines For Fourth Straight Year, as Old Masters and Impressionist Works Rebound: Art Basel UBS Report

The contemporary art market has declined for the fourth consecutive year, with auction sales for postwar and contemporary works falling to $4.5 billion in 2025 from a peak of $8.5 billion in 2021. Simultaneously, the market has seen a significant rebound in more established categories, with auction sales of Impressionist and Post-Impressionist works rising 47% and Old Masters climbing 30% last year.