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Inigo Philbrick, the disgraced art dealer who defrauded investors and dealers out of millions of dollars, appears on camera in a forthcoming BBC documentary titled "The Great Art Fraud." Philbrick was sentenced in 2022 to seven years in US prison for wire fraud and identity theft, ordered to forfeit $86 million and two paintings, and was released early in 2024. The two-part documentary, previewed by The Guardian, features Philbrick expressing remorse but also boasting about his past deals and ambition to return to the art trade. It explores his background—son of a former museum director and a Harvard-educated writer—his internship at White Cube, and his life with socialite Victoria Baker-Harber, with whom he hid in Vanuatu before FBI arrest.

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Taipei Dangdai, the art fair in Taiwan, has canceled its 2026 edition as organizers undertake a "strategic re-evaluation" of the fair's model, timing, scale, and format. The fair, which held its sixth edition in May 2025, is part of The Art Assembly, a conglomerate overseeing three regional Asian fairs including Art SG and Tokyo Gendai. The number of participating galleries dropped from over 90 in its 2019 inaugural edition to 54 in 2025, with no mega-galleries participating this year. The announcement follows a similar "strategic pause" by the Art Dealers Association of America (ADAA) for its flagship fair, The Art Show, and comes amid broader challenges for the fair's organizer, Angus Montgomery Arts, which also canceled recent editions of Photofairs in Hong Kong and New York.

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A bitter legal battle has erupted between prominent art advisors Barbara Guggenheim and her former partner Abigail Asher, whose firm Guggenheim Asher Associates (GAA) has collapsed. Guggenheim accused Asher of misusing firm funds for personal expenses and claiming up to $20.5 million in future commissions. Asher countersued, alleging Guggenheim stole money for personal costs including her husband's funeral, bullied her, and encouraged her to build a relationship with convicted sex offender Jeffrey Epstein. The dispute has drawn widespread attention in the art world, with collector Sylvain Levy calling it a moment of reckoning for an industry built on trust and discretion.

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Lumin Wakoa, a rising painter known for her hazy, memory-based works that blurred abstraction and figuration, has died at 43 after battling brain cancer. Her death was announced by her gallery, Harper’s, on Monday. Wakoa had solo shows last year at Various Small Fires in Seoul and Harper’s in New York, and her work was featured at Frieze art fair. She studied at the North Carolina School of the Arts, the University of Florida, and earned an MFA from the Rhode Island School of Design.

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The Zayed National Museum, a new mega museum designed by Foster + Partners, will open on Abu Dhabi's Saadiyat Island in December. Named after the UAE's first president, Sheikh Zayed bin Sultan Al Nahyan, the museum will feature six permanent galleries spanning 300,000 years of history, displaying artifacts including a 1,000-year-old Qur'an, the world's oldest natural pearl (the 8,000-year-old Abu Dhabi Pearl), and objects from the Palaeolithic to Iron Age. It will also host loans from international institutions like the British Museum.

Fashion figure Jordan Roth wows in collage at the Venice Biennale

Multi-disciplinary artist Jordan Roth staged a performance on May 7 at Palazzo dei Fiori in Venice during the Biennale preview week, where he tore apart vinyl prints of Renaissance painter Irene di Spilimbergo and reassembled them into collages within a gilt frame. The event, presented with Performance Space New York’s Visionaries Circle, was attended by Whitney Museum director Scott Rothkopf and dealer Kristin Hjellegjerde, following Roth's earlier appearance as a "living sculpture" at the Met Gala.

Lotus Kang channels desire into Bvlgari's Venice Biennale pavilion

Artist Lotus Kang has created a site-specific installation for the Bvlgari pavilion at the Venice Biennale, working across three studios including a temporary Brooklyn warehouse. Her work, which includes unfixed 35mm film on the façade of Spazio Esedra and new sculptures of plaster baby birds and rubber-wrapped tatami mats, explores themes of multiplicity, permeability, and the unfixing of meaning. Kang, known for her installations at the 2023 Whitney Biennial and Chisenhale Gallery, describes herself as a maker of objects and spaces who resists single interpretations.

art abbas akhavan venice biennale canadian pavilion

Abbas Akhavan has transformed the Canadian Pavilion at the Venice Biennale into a greenhouse-like installation titled "Abbas Akhavan: Entre chien et loup." The pavilion's wooden doorway has been replaced with glass, revealing a pond with pinkish water illuminated by sunlight and LED grow-lamps. Visitors encounter mossy boulders, a vintage fur coat sprayed with water, sharpened bronze sticks, and custom frosted mirrors that blur the architecture. The centerpiece will be three giant Bolivian water lilies, grown from seeds sent from Kew Gardens to Padua, which will gradually take over the pond over the summer. The exhibition is curated by Kim Nguyen, commissioned by the National Gallery of Canada, and supported by the Canada Council for the Arts.

In the Studio With Rama Duwaji

Syrian-American artist Rama Duwaji discusses her evolving art practice and her new role as the First Lady of New York City following her husband Zohran Mamdani’s mayoral victory. Known for her distinct illustrations and animations for major institutions like the Tate Modern and the New Yorker, Duwaji is now transitioning into a more public-facing life while maintaining a studio practice at Gracie Mansion. Her work, which spans hand-drawn animation, ceramics, and paintings on found materials like cardboard, continues to blur the lines between commercial illustration and fine art.

Art Market Minute: March 9

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The Gulf region’s art market is navigating a period of significant instability as escalating geopolitical tensions between the U.S., Israel, and Iran threaten the upcoming Art Dubai fair. Long considered a safe haven for global culture and commerce, the United Arab Emirates now faces questions regarding its perceived insulation from regional conflict just weeks before its major international art event.

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Bottega Veneta unveiled its Winter 2025 collection at Milan Fashion Week, staged within the brand’s new headquarters at the historic Palazzo San Fedele. Creative director Louise Trotter collaborated with British designer Max Lamb to create a massive site-specific installation consisting of 421 sculptural white chairs for the audience. The set design drew inspiration from Lamb’s "60 Chairs" project, where he rapidly fabricated furniture from polystyrene slabs.

Epstein Emails and the Art Market

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A massive release of over three million documents by the U.S. Department of Justice has exposed the deep ties between the late financier Jeffrey Epstein and prominent figures in the global art world. The files reveal how Epstein utilized sophisticated financial structures to manage and enhance the value of blue-chip art collections, most notably for billionaire Leon Black. The fallout from these disclosures has already led to high-profile resignations, including Jack Lang from the Arab World Institute and David A. Ross from the School of Visual Arts, while others like collector Steve Tisch face renewed scrutiny.

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The first Art Angle Round-Up of 2026 highlights three major art world stories. The selection includes the controversy surrounding the South Africa pavilion at the Venice Biennale, the Prado Museum's struggle with and plans to manage overwhelming visitor numbers, and the phenomenon of 'speed painting,' exemplified by artist Vanessa Horabuena selling a 10-minute painting of Jesus for nearly $3 million at a Mar-a-Lago fundraiser.

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Artist Gail Morris presents "Blue Note," a solo exhibition at Bonner David Galleries in New York, featuring bold abstract paintings that explore the emotional and psychological experience of light, space, and music. The show's title references the musical concept of a "blue note," which Morris reinterprets as a compositional strategy to create tension and balance in her works. While starting from physical landscapes—such as natural sites, urban parks, or islands—Morris obscures specific details, using titles like "Down By the River" (2025) and "Bird of Paradise" (2025) to evoke universal moods rather than literal scenes. The exhibition runs through November 29, 2025.

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Australian-born artist Petrina Ryan-Kleid's 2012 student painting *Parsing Bill*, depicting Bill Clinton in a blue dress, went viral after the Daily Mail revealed it had been owned and prominently displayed by convicted pedophile Jeffrey Epstein. The work, created as a satirical thesis piece at the New York Academy of Art, was intended to critique how opposition parties caricature presidents, referencing Monica Lewinsky's blue dress. Ryan-Kleid, who sold the painting for about $1,300 at the 2012 Tribeca Ball fundraiser, has since distanced herself from the political narrative, expressing discomfort and clarifying the piece's original intent.

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Hollywood star Johnny Depp is releasing limited-edition prints of two personal watercolors originally painted in the early 2000s at his French estate, Le Hameau. The collection, titled "Let the Light in," includes a self-portrait called *Add the Light* and a rose painting *A Rose Is a Rose Is a Rose*, a tribute to his daughter Lily-Rose. Each work is offered in 195 signed editions through London's Castle Fine Art on July 18, priced individually at £2,950 framed or £2,500 unframed. The paintings reflect Depp's life with former partner Vanessa Paradis and their children in the south of France.

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Four pro-Tibetan groups in France have filed a legal complaint against Paris's Musée Guimet, accusing it of erasing Tibet's cultural identity by renaming its Nepal-Tibet gallery to "Himalayan world" and removing references to "Tibetan art." The groups argue the changes blur Tibet's distinct heritage and align with political pressures from Beijing. The museum denies external influence, stating the new name better reflects the region's cultural interconnections, citing similar usage by institutions like the Metropolitan Museum of Art and the Smithsonian.

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Artist Jill Magid has transformed her solo exhibition at Various Small Fires in Los Angeles into a platform for her dealer Esther Kim Varet’s congressional campaign. The show, titled “Heart of a Citizen,” features a replica of the White House Press Briefing Room podium, which Kim Varet uses to deliver stump speeches. Other works include a neon sign quoting a stenographer’s note and concrete casts of Magid’s heart, inspired by the White House Rose Garden. Magid emphasizes the show is not an endorsement but an exploration of power, free speech, and democracy.

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South Korea President Yoon Suk-yeol has announced a $3.7 billion fund to support film, TV, art, and cultural projects, along with plans to transform the historic presidential residence Cheong Wa Dae (Blue House) into a cultural complex modeled after France's Palace of Versailles. The initiative aims to boost the country's cultural sector ahead of major art events including Frieze Seoul, Kiaf fairs, and the Busan Biennale. President Yoon also directed that state-owned art collections, including 23,000 works from the late Samsung Group chair Lee Kun-hee, be made accessible through nationwide tours, and that government art purchases prioritize works by disabled and emerging artists.

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Sotheby's Hong Kong offered the Qing dynasty imperial painting *The Blue Goats* as a single-lot sale during its Asian Art Week. Commissioned by Emperor Qianlong in the late 1750s, the seven-by-six-foot hanging scroll was created by Italian Jesuit painter Giuseppe Castiglione (Lang Shining) and Chinese court artist Jin Tingbiao, blending Western and Eastern techniques. Despite a presale estimate of HK$60–150 million ($7.7–19.3 million), the work sold for HK$58.9 million ($7.6 million) after fees, below the low estimate. The painting depicts a pair of gorals in a rocky landscape and is inscribed with a poem by the emperor symbolizing his military conquests.

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The article excerpts a book about Indian artist Lalitha Lajmi, exploring her creative struggles, loneliness, and distinctive use of blue and red in watercolors. It draws from her dream journals and interviews, describing how she often painted herself in red against blue landscapes, symbolizing desire and isolation, and how her works resemble raw underpaintings that reveal subconscious imagery.

Robert Mnuchin, the blue-chip gallerist who loved the drama of the auction saleroom, has died aged 92

Robert Mnuchin, the prominent New York gallerist who transitioned from a 33-year career on Wall Street to become a major force in the art world, has died at age 92. After heading the trading desk at Goldman Sachs, he co-founded C&M Arts in 1992 with James Corcoran, later establishing L&M Arts with Dominique Lévy in 2005, which was renamed Mnuchin Gallery in 2013. Known for his aggressive bidding at auction, Mnuchin made headlines with high-profile purchases including Roy Lichtenstein's *Sinking Sun* (1964) for $15.6 million in 2006 and Jeff Koons's *Rabbit* (1986) for $91.1 million in 2019, the latter a record for a living artist at the time.

Miami Art Week guide: Some of the top art fairs to visit

Miami Art Week, headlined by Art Basel Miami Beach, returns December 1-7, 2025, transforming Miami-Dade County into a sprawling arts celebration. The guide highlights major fairs including Art Basel (283 galleries from 43 countries), Art Miami + Context Art Miami (celebrating 35 years with 160 international galleries), Scope Art Show (featuring padel matches and 80+ galleries), and Untitled Art Fair (160 exhibitors including nonprofits for the first time). Notable new additions include Cuban gallery El Apartamento making history as the first gallery founded on the island to participate in Art Basel, and a new digital art sector called Zero 10.

Tim Blum will phase out traditional gallery model, close Los Angeles and Tokyo locations

Tim Blum, co-founder of the influential Los Angeles gallery Blum (formerly Blum & Poe), announced he will phase out the traditional gallery model, closing the gallery's permanent public spaces in Los Angeles and Tokyo. Blum cited burnout from the relentless demands of art fairs and gallery openings, emphasizing the decision is about the system, not the market. The gallery, which introduced American audiences to Japanese artists like Yoshitomo Nara and Takashi Murakami and gave early shows to Mark Grotjahn and Anna Weyant, will shift to a more flexible model involving collaborations and special projects. A previous New York space closed in 2023, and a Tribeca space's future remains undetermined.

Poly Auction Hong Kong Spring Auctions 2026: High Jewels and Watches, Modern and Contemporary Art Auctions to Be Held on 6 April

Poly Auction Hong Kong has announced its Spring 2026 auction series, scheduled to take place from April 6 to April 8 at the Shun Tak Centre. The sales feature a diverse array of categories including Modern and Contemporary Art, Chinese Ceramics, Chinese Paintings, and High Jewelry and Watches. Highlighting the contemporary selection is Liu Wei’s 1995 masterpiece "You Like Pork?", a rare work previously exhibited at the Venice Biennale, alongside a significant 1960s "White period" abstract canvas by Zao Wou-Ki.

Former Korean Prosecutor Convicted in Alleged Lee Ufan Painting Bribery Scheme

A former senior South Korean prosecutor, Kim Sang-min, has been convicted on appeal for allegedly gifting a painting by renowned artist Lee Ufan to former first lady Kim Keon Hee in exchange for political support ahead of the 2024 parliamentary elections. The Seoul High Court overturned an earlier acquittal, sentencing Kim to two years in prison (suspended for three years) for bribery, plus a separate suspended sentence for illegal political donations. The case took a strange turn when Kim's defense argued the artwork, titled *From Dots (No. 800298)* and valued at 140 million won ($95,500), was a forgery worth less than $700—a claim the court rejected after physically examining the piece and consulting experts.

Sotheby’s Tries Again to Sell $40 M. Picasso Painting That Didn’t Make It to Auction in 2008

Sotheby’s has announced the sale of Pablo Picasso’s 1909 Cubist masterpiece, Arlequin (Buste), which is expected to fetch approximately $40 million during the New York marquee auctions this May. The painting is the crown jewel of a collection belonging to the late Surrealist artist Enrico Donati and his wife Adele. This marks the second time Sotheby’s has attempted to sell the work; it was famously withdrawn from a 2008 auction just a week before the sale due to undisclosed private reasons.

Fair Warning Expands With Saara Pritchard, Doubling Down on ‘Conviction’ in a Crowded Art Market

Loïc Gouzer’s boutique auction app, Fair Warning, is expanding its leadership by appointing Saara Pritchard, a veteran specialist from Christie’s and Sotheby’s, as a partner. Since its 2020 launch, the platform has carved out a niche by rejecting the high-volume model of traditional auction houses in favor of a highly curated, "one work at a time" approach. This strategy has proven lucrative, recently achieving a record $16.7 million for an Andy Warhol portrait and a $4.07 million record for Elizabeth Peyton.

Bank of America ArtTactic Art Market Report 2026 Trends

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The US art market experienced a 23 percent increase in auction sales in 2025, reaching approximately $3.17 billion according to a joint report by Bank of America and ArtTactic. This growth was not fueled by a rise in general demand but was instead driven by high-value estate consignments, a return to established historical artists, and a heavy reliance on financial guarantees. The data indicates a shift away from the speculative flipping of 'wet paint' contemporary works, which saw negative returns for pieces held for less than five years.

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The auction industry's "middle market"—typically defined as lots under $1 million—is facing a period of intense competition and shrinking profit margins. While these lower-priced works account for the vast majority of transaction volume and a significant portion of earnings, the overhead costs of selling them remain high. Furthermore, aggressive financial maneuvers like guarantees and "enhanced hammers," once reserved for blue-chip masterpieces, are now being demanded by sellers and advisors at much lower price points.