billionaire collector les wexner jeffrey epstein deposition

Billionaire retail magnate and prominent art collector Les Wexner provided a closed-door deposition to the House Oversight Committee regarding his past relationship with Jeffrey Epstein. During the testimony, Wexner characterized himself as "naive, foolish, and gullible" for trusting the disgraced financier, whom he labeled a con man. While Wexner denied any knowledge of or involvement in Epstein’s criminal activities, Democratic lawmakers noted that the 88-year-old offered few new details and frequently cited a lack of memory regarding key events.

sva shutting down mfa curatorial practice program

The School of Visual Arts (SVA) in New York has announced the closure of its MA in Curatorial Practice program, effective upon the retirement of its founding chair, Steven Henry Madoff, in May 2027. The decision to "teach out" the program comes despite recent recruitment efforts and follows a period of financial instability for the institution. The announcement also coincides with the recent abrupt resignation of David A. Ross, chair of SVA’s MFA Art Practice program, following revelations regarding his past ties to Jeffrey Epstein.

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DePaul University has announced the permanent closure of the DePaul Art Museum (DPAM) in Chicago, effective June 30. The decision comes as the private university faces severe financial strain, including a $27.4 million budget deficit that has already led to significant staff layoffs. While the university plans to convene discussions on how the museum's building and its 4,000-object collection might serve future academic needs, the institution as a public-facing museum will cease operations following its final exhibitions in March.

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Charlotte Meyer discovered a folder containing 35 original Rembrandt etchings while organizing her family home in Zutphen, Netherlands, during the COVID-19 pandemic. Inherited from her grandfather, who purchased them for a nominal sum in the early 20th century, the works were authenticated by the Rembrandt House Museum in Amsterdam after being stored in a drawer for decades.

New Museum MUZEU to Open in Braga, Portugal with José Teixeira Collection

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The city of Braga, Portugal, is set to welcome a new contemporary art institution, MUZEU—Thought & Contemporary Art dst, scheduled to open on April 25. Founded by José Teixeira, chairman of the engineering firm dstgroup, the museum will house a permanent collection of 1,500 works featuring international heavyweights like Pablo Picasso, Anselm Kiefer, and Nan Goldin alongside prominent Portuguese artists such as Paula Rego and Julião Sarmento.

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The Berkeley Art Museum and Pacific Film Archive (BAMPFA) has secured a major promised gift of over 150 modern and contemporary artworks from collectors Penny Cooper and Rena Rosenwasser. This significant bequest focuses exclusively on women artists, featuring works by major figures such as Louise Bourgeois, Julie Mehretu, and Kara Walker. To celebrate the acquisition, the museum is launching "Rhapsody: Works from the Cooper Rosenwasser Collection," an exhibition showcasing 65 pieces that trace the impact of second-wave feminism on artistic production.

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The Metropolitan Museum of Art has announced a landmark exhibition titled "Krasner and Pollock: Past Continuous," scheduled to open in October 2025. This major survey will feature approximately 120 works, including paintings and ephemera, marking the first time the institution has presented a joint retrospective of the famously married Abstract Expressionists. The show aims to present Lee Krasner and Jackson Pollock as artistic equals, tracing their individual trajectories and their mutual influence through loans from over 80 global lenders.

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CORE and TBA21 Thyssen-Bornemisza Art Contemporary are launching "Get Up Stand Up: Artists for Jamaica and Los Angeles," a high-profile benefit auction scheduled for February 26 during L.A. Art Week. The event features over 20 works by major contemporary artists including Henry Taylor, Hank Willis Thomas, and Nari Ward, with a live sale led by auctioneer Simon de Pury. Proceeds will fund long-term recovery efforts following Hurricane Melissa in Jamaica and recent wildfires in Los Angeles, as well as CORE’s ongoing emergency response work.

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Art Basel has launched its inaugural edition in Doha, Qatar, debuting a specialized format that emphasizes solo artist presentations and a slower, more meditative pace compared to its flagship fairs. The event features a curated selection of international galleries including Pace, Lisson, and Almine Rech, with a layout designed to foster deeper engagement and introduce regional collectors to the fair circuit.

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Sotheby’s has announced the sale of the Jean and Terry de Gunzburg collection, a two-part auction series scheduled for April and May 2024 with a total estimate of $67 million to $99 million. The offering begins with a dedicated design sale featuring a historic ensemble of 15 Claude Lalanne mirrors commissioned for Yves Saint Laurent, followed by a selection of blue-chip modern and contemporary artworks.

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Iris Cantor, the prolific art collector and philanthropist whose patronage transformed major American institutions, has died at the age of 95 in Palm Beach, Florida. Alongside her late husband, B. Gerald Cantor, she amassed one of the world's most significant private collections of Auguste Rodin sculptures, eventually donating hundreds of works to museums including the Metropolitan Museum of Art and the Brooklyn Museum. Her death marks the end of an era for a donor whose name is synonymous with some of the most prominent gallery spaces and wings in the United States.

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Refik Anadol’s controversial AI installation 'Unsupervised' at the Museum of Modern Art has sparked a heated debate on the nature of art and technology, recently highlighted in a '60 Minutes' segment. While Anadol defends his work as a poetic use of 'data as pigment' that captures viewer attention for an average of 38 minutes, critics and fellow artists raise concerns about the substance and ethics of the medium. The piece, which uses MoMA’s metadata to create morphing abstractions, became a viral sensation that challenged traditional museum engagement.

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Hundreds of artists, gallery owners, and collectors staged coordinated sit-ins at major Spanish museums, including the Museo Reina Sofía, to protest the country's 21 percent Value Added Tax (VAT) on art sales. Demonstrators gathered around Richard Serra’s 'Equal-Parallel/Guernica-Bengasi'—a replica of a work that famously vanished from storage—to symbolize the potential disappearance of the Spanish art sector under current fiscal pressures. The protests included demands for the resignation of the culture and finance ministers and calls for tax parity with European neighbors.

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Art Basel has unveiled the exhibitor list for its 2026 flagship Swiss edition, featuring 290 galleries from 43 countries. The fair, scheduled for June 18–21, will include 21 first-time participants and an expanded 'Premiere' sector for recent works. Notable shifts include four galleries debuting directly in the main sector and the introduction of public commissions by Nairy Baghramian and Ibrahim Mahama as part of the inaugural Art Basel Awards.

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Ashley Stewart Rödder, a highly respected director at Gagosian, has passed away at the age of 42 following a prolonged illness. During her tenure at the gallery since 2019, she was instrumental in managing the careers of prominent contemporary artists including Nathaniel Mary Quinn, Stanley Whitney, Titus Kaphar, and Deana Lawson. Her career also included significant leadership roles at Salon 94 and David Zwirner, as well as board positions at the nonprofit Performa and the Children’s Art Guild.

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Over 250 prominent cultural figures have signed an open letter protesting the abrupt departure of Devyani Saltzman from her role as Director of Arts and Participation at London’s Barbican Centre. Saltzman, who was appointed just last year to modernize the institution's programming, is set to leave in May following the recent arrival of new Chief Executive Abigail Pogson. High-profile signatories, including Salman Rushdie, John Akomfrah, and Isaac Julien, are demanding transparency regarding the decision-making process and the future of the position.

frida kahlo commercialization too far

Frida Kahlo’s descendants are expressing growing concern over the hyper-commercialization of the artist’s image, which has expanded from museum walls to coffee mugs, dolls, and even a luxury apartment complex in Miami. Cristina Kahlo, the artist’s great-niece, warns that the proliferation of licensed merchandise by the Frida Kahlo Corporation (FKC) often distorts Kahlo’s legacy, reducing a complex painter to a shallow pop-culture brand. This family tension highlights a rift between those profiting from the trademark and those who believe the artist's historical significance is being eclipsed by 'Fridamania.'

brazilian authorities search bank ceo art assets

Brazilian authorities are targeting the art collection and luxury assets of Daniel Vorcaro, the CEO of the recently liquidated Banco Master SA, as part of a massive fraud investigation. Following the bank's collapse due to insolvency and regulatory violations, liquidators filed subpoenas in a Miami federal court to probe Vorcaro’s dealings with blue-chip galleries and auction houses. Officials believe the financier may have funneled bank funds into high-value artworks and real estate to shield his wealth.

Lawh Wa Qalam: M. F. Husain Museum Doha Review

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The Lawh Wa Qalam: M. F. Husain Museum has opened in Doha, Qatar, dedicated to the prolific career of the late Indian modernist Maqbool Fida Husain. Commissioned by Sheikha Moza bint Nasser and designed by architect Martand Khosla based on a sketch by the artist himself, the 32,300-square-foot blue-mosaiced structure houses 150 works including paintings, films, and sculptures. The museum traces Husain’s journey from the 1950s through his final years in Qatar, highlighting his cross-cultural explorations of faith, science, and history.

marilyn minter wins anderson ranch international artist award

Marilyn Minter has been named the 28th recipient of the International Artist Award by the Anderson Ranch Arts Center. The artist, celebrated for her feminist works that merge painting and photography, will be honored during the center's annual Ranch Week in July. The selection highlights Minter's meticulous technical process and her long-standing commitment to art education as a faculty member at the School of Visual Arts.

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Sotheby's has increased its buyer's premiums globally, with the new fee structure taking effect on February 13. The changes mean buyers of lower-value lots will pay higher rates, with the premium for works sold in New York for up to $2 million rising from 27% to 28%. This move follows similar adjustments by rivals Christie's and Phillips, as auction houses seek to bolster revenue during a prolonged art market downturn. Sotheby's also recently raised $900 million through art-backed loans via securitization.

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Artist Trevor Paglen has publicly noted a striking visual and conceptual overlap between his recent gallery exhibitions titled "Cardinals"—which explore UFO photography and lore—and the imagery in the trailer for Steven Spielberg's upcoming film *Disclosure Day*. Paglen suggests the film's use of cardinals as harbingers of alien life likely originated from his work, specifically a 2023 video installation profiling a former Air Force officer who claimed "Cardinals" was an internal code name for UFOs.

Eugenio Viola, Museo de Arte Moderno de Bogotá

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The Museo de Arte Moderno de Bogotá (MAMBO) terminated the contract of its artistic director, Eugenio Viola, earlier this month. Viola claims his dismissal came after he raised concerns with the board in September 2025 about deteriorating working conditions at the museum, concerns he says were shared by other staff. The museum stated the decision resulted from a comprehensive review and that it has begun searching for a new artistic director.

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The Museo Reina Sofía in Madrid is seeking an investigation after security officers removed three visitors displaying Stars of David and an Israeli flag from the museum. Video of the incident, published by a conservative Spanish outlet, went viral, showing officers stating other visitors were "bothered" by the symbols. The museum has stated it is investigating the actions of its security team.

wassily kandinsky painting worth 15 5 m to headline christies 20 21 spring evening sale in london alongside henry moore work

Christie's London will offer Wassily Kandinsky's painting *Le Rond Rouge* (1939) with a high estimate of £15.5 million ($21.3 million) in its 20th/21st Century evening sale on March 5. The work, a key piece from the artist's Paris period, has been in prominent collections and was last sold at Sotheby's New York in 2018 for $20.6 million. The sale will also feature a fresh-to-auction Henry Moore bronze sculpture, *King and Queen* (1952-53), estimated at up to £15 million.

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Three major artworks from the collection of the late philanthropist and collector Agnes Gund will be offered at Christie's marquee May sales in New York. The lots include Mark Rothko's 'No. 15 (Two Greens and Red Stripe)' (estimated around $80 million), Cy Twombly's 1961 'Untitled' (estimated $40-60 million), and Joseph Cornell's 'Untitled (Medici Princess)' (estimated $3-5 million), all being sold on the secondary market for the first time.

trump wants national portrait gallery new portrait

Former President Donald Trump has requested a new official portrait to replace the one painted by artist Ronald Sherr, which was completed in 2022 and ready for acceptance by the National Portrait Gallery. The White House stated Trump wants a portrait that reflects the full scope of his time in office, including both his 45th and potential 47th terms, as he is currently running for president again.

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Peter Campus, a pioneering video artist, has a new exhibition at The Phillips Collection in Washington, D.C. The show features his early work, including the intense 1978 video 'Head of a Man with Death on His Mind,' alongside his recent 'philips quartet' (2023–24), a series of four landscape videos from his home on Long Island. The exhibition highlights his career-long themes of self-reflection, time, and mortality.

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A water leak occurred in the Denon Wing of the Louvre Museum in Paris, damaging an early 19th-century painting. The leak, labeled an emergency, forced the closure of several rooms and caused two micro-tears and paint layer lifting on Charles Meynier's 1820 work 'Triumph of French Painting: Apotheosis of Poussin, Le Sueur and Le Brun'.

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Bonhams has opened its new U.S. headquarters at 111 West 57th Street in New York, moving from its longtime Madison Avenue location into a 42,000-square-foot space within the restored Steinway Hall. The design features an 80-foot glass atrium, a grand staircase, and restored historic elements, aiming to create a transparent, cultural-center-like atmosphere rather than a traditional salesroom.