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A Gustav Klimt painting, *Portrait of Elisabeth Lederer* (1914), sold for $236.4 million at Sotheby’s in New York, setting a new auction record for the artist and becoming the most expensive work ever sold at Sotheby’s as well as the most expensive Modern artwork at auction. The work was part of a sale dedicated to the collection of the late art patron Leonard Lauder, who died in June at age 92. The bidding lasted about 20 minutes, with Sotheby’s auctioneer Oliver Barker opening at $130 million; the winning bid of $205 million came from Sotheby’s staffer Julian Dawes, representing a phone client. The sale included two dozen works from Lauder’s trove, which also featured three Klimt paintings and six Henri Matisse bronzes.

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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.

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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.

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London's summer sales season opened with subdued results, totaling just $134.2 million across Christie's, Sotheby's, and Phillips—a 78% drop from the equivalent sales in 2015. A standout lot was Jenny Saville's painting *Mirror* (2011–12), which sold for £2.1 million at Sotheby's on June 24. Meanwhile, a group of art-world power players have launched a new advisory firm called New Perspectives Art Partners, and France has announced a $316 million international architectural competition to expand the Louvre and address chronic overcrowding.

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In 2013, visitors to New York's Museum of Modern Art encountered actress Tilda Swinton sleeping in a raised glass box in the lobby, a performance piece titled *The Maybe*. Swinton first performed the work at London's Serpentine Gallery in 1995, developed with Joanna Scanlan, and has reprised it only twice: at Rome's Museo Baracco in 1996 and at MoMA in 2013. The MoMA iteration, curated by Klaus Biesenbach, featured Swinton alone in the glass case for eight hours a day over seven days, without the historical curiosities that accompanied the original Serpentine installation. Swinton has stated in a 2024 interview that she intends to perform *The Maybe* again "when least expected."

Georg Baselitz – a life in pictures

Georg Baselitz, the German painter known for his raw, expressive works and inverted imagery, has died at age 88. Born in 1938 in Deutschbaselitz, he lived through Nazi Germany and East German communist rule, experiences that deeply shaped his art. The Guardian's obituary traces his life through photographs, from his early years to major exhibitions at Thaddaeus Ropac, White Cube, and the Serpentine, highlighting key works such as 'Das Grosse Pathos' (1966) and his 2024 series 'A Confession of My Sins'.

Memories Bathed in Color

In Farbe getauchte Erinnerungen

The Fondation Luma in Arles, France, has opened three exhibitions exploring memory and archives, headlined by Gerhard Richter's "Overpainted Photographs." The show features 120 works from Richter's private archive, some exhibited for the first time, created since the mid-1980s by dragging photographs through leftover paint in his studio. Richter, now 94, personally selected and hung the works chronologically starting from the fall of the Berlin Wall, reflecting his lost homeland and the passage of time. The exhibition also includes early sketches and oil paintings by the late architect Zaha Hadid, previously shown at London's Serpentine Gallery in 2016.

Tuguldur Yondonjamts’s Animalistic Realm

Mongolian artist Tuguldur Yondonjamts explores the habitat of the saker falcon through a series of accordion-style books titled *The Secret Mountain of Falcons* (2011–14), created during fieldwork across Mongolia. The drawings, presented in Perspex vitrines at his solo exhibition *Wolf Loving Princess* at Gallery Ver in Bangkok, depict the falcon's perspective as imagined by the artist, blending black-and-white film-like imagery with abstract textures. The work responds to the falcon trade, particularly to the Middle East, and the species' declining population, which led to its designation as Mongolia's national bird in 2012.

OSCAR MURILLO: PAINTING AS A WELL OF ACCUMULATION

ÓSCAR MURILLO: LA PINTURA COMO POZO DE ACUMULACIÓN

The article profiles Colombian-born artist Oscar Murillo and his expansive, socially-engaged practice. It details his rise to international prominence in the early 2010s with large-scale paintings that incorporate text, textiles, and studio detritus, and highlights his ongoing, collaborative project 'Frequencies,' which involves students from over thirty countries creating works on canvases attached to school desks. The piece also references his major solo exhibitions, including 'El pozo de agua' at kurimanzutto in Mexico City (2026), 'Masas' at WIELS in Brussels (2024), and 'The flooded garden' at Tate Modern (2024).

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Eamon Ore-Giron has taken over James Cohan's two downtown Manhattan galleries with "Conversations with Snakes, Birds, and Stars," an exhibition of new paintings and mosaics running through Dec. 20. The works draw on ancient Mesoamerican and Andean symbology, continuing his long-running "Talking Shit" series, which has previously been shown at the Contemporary Austin, Whitney Museum, and LACMA. In an interview with CULTURED, Ore-Giron discusses how he uses color, mythology, and ritual to create a universe where serpents, birds, and stars engage in dialogue with viewers and across time.

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London Gallery Weekend (LGW) returned for its fifth edition from June 6 to 8, 2025, drawing art enthusiasts across 126 participating spaces despite dark clouds and drizzle. The event showcased cutting-edge performances, digital experiments, and bold textile art, but faced challenges as several trendy younger galleries—including Union Pacific, Guts Gallery, The Sunday Painter, and Xxijra Hii—chose not to participate this year. The weekend also overlapped with the debut London edition of South by Southwest (SXSW), a tech and arts conference that brought 20,505 pass-holders from 77 countries, including King Charles III, and featured visual art offerings such as LDN LAB curated by Alex Poots. While SXSW included works by Andy Warhol and Beeple, coordination between the two events was minimal, though a hastily planned SXSW VIP gallery tour occurred before LGW officially began.

6 Rising Artists to Watch at This Year’s Venice Biennale

The article profiles six rising artists at the 2026 Venice Biennale, focusing on Sung Tieu and Gala Porras-Kim. Tieu transforms the German Pavilion with a tile shell recreating a former housing complex for Vietnamese contract workers, while inside she scatters chocolate ladybugs as a symbol of occupation. Porras-Kim presents work in the Arsenale examining 'institutionally defined damage' and how decay can realign objects with their natural state.

FAD News: Serpentine x FLAG Art Foundation Prize Announces Star-Studded Selection Committee

The Serpentine x FLAG Art Foundation Prize has announced its selection committee for the inaugural award, the largest contemporary art prize in the UK given to a single artist. The five-person jury includes Michelle Kuo (Chief Curator at Large and Publisher at MoMA), Venus Lau (director of Museum MACAN), Hans Ulrich Obrist, Jon Rider, and artist Rirkrit Tiravanija. The committee met in London on 23rd April to select the first recipient, who will be announced on 12th May. The prize awards £200,000 biennially over ten years, totaling £1 million across five artists, with each recipient developing a new body of work culminating in exhibitions at Serpentine in London and The FLAG Art Foundation in New York.

Rose Wylie: ‘It’s very, very fragile where a painting ends. All the time it sits on a precarious edge’

British artist Rose Wylie is currently the subject of a major career survey at the Royal Academy of Arts in London, titled "The Picture Comes First." At 91 years old, Wylie is the first woman painter to occupy the institution's main galleries, showcasing over 90 works that span her idiosyncratic career. The exhibition highlights her signature style of large-scale, exuberant figurative paintings that draw from a vast range of influences, including cinema, celebrity culture, and art history.

K11 founder Adrian Cheng on Hong Kong’s art scene, the future of collecting and the creative potential of AI

Adrian Cheng, founder of the K11 property business and a prominent figure in Hong Kong's art scene, discusses his two-decade role in shaping the city's cultural landscape. He founded K11 in 2008 to integrate museum-quality art with retail, developed the Victoria Dockside district and K11 MUSEA, and established the K11 Art Foundation and K11 Craft & Guild Foundation. Cheng has launched new ventures including K11 by AC and the ALMAD Group, and his foundations have partnered with major institutions like the Palais de Tokyo, the Metropolitan Museum of Art, and the Serpentine Galleries. He also initiated a regular salon series focused on art and technology, held during events like Frieze Seoul and Asia Now.

Comment | As Cop30 opens in Brazil, it is time for the art world to embrace ethics with aesthetics

COP30, the United Nations Climate Change Conference, opens in Belém, Brazil, with culture officially on its agenda for the first time, thanks to advocacy from the Amazonian activist group Labverde and Art of Change 21. The conference features interventions and performances by eight Brazilian and indigenous artists, including photographer Christian Braga and activist Beto Oliveira, alongside a flurry of artist-led activities in UK galleries and institutions. The article also marks the tenth anniversary of Gustav Metzger's environmental art project "Remember Nature," which mobilized over 140 artists including Judy Chicago, Olafur Eliasson, and Marina Abramović, and was revisited on November 4, 2025, with sixteen English arts institutions hosting public projects.

8 Must-See Exhibitions in Tokyo Right Now

Art Week Tokyo returns for its fourth edition from November 5–9, 2025, co-hosted by over 50 venues across the city. Instead of a traditional art fair, visitors can use free shuttle buses to explore participating galleries, museums, and nonprofit spaces, including Pace, Perrotin, Kaikai Kiki Gallery, the Mori Art Museum, and the Museum of Contemporary Art Tokyo. Highlights include a curated Focus exhibition titled “What Is Real?” by documenta 14 artistic director Adam Szymczyk, a survey show “Prism of the Real” co-curated with M+, a mid-career retrospective for Aki Sasamoto, and special programming such as a guided tour of micro homes by architect Kazuyo Sejima and a pop-up bar designed by Ichio Matsuzawa with a menu by Michelin-starred chef Shinobu Namae.

Out of the wrapper and into the gallery: the art of chocolate

Artist Anya Gallaccio discusses her use of chocolate as an art material, tracing her first experiments in 1992 at Rodolphe Janssen gallery in Brussels, where she commissioned chocolate guns, and her 1994 solo show "Brown on White" at Galerie Krinzinger in Vienna, where she painted gallery walls with melted couverture chocolate. The work invited visceral audience reactions, including licking the walls, and engaged with themes of desire, decay, and the colonial and class histories of chocolate consumption.

Your Go-To Guide to All the Art Fairs in Paris This Week

Paris is hosting a busy week of art fairs, headlined by Art Basel Paris returning to the Grand Palais from October 24–26, 2025, under outgoing director Clément Delépine. The fair features 206 galleries across three sections, public programs at nine iconic venues including an inflatable Kermit the Frog by Alex Da Corte and a participatory installation by Harry Nuriev, and a talks series hosted by Edward Enninful. Satellite fairs include Design Miami Paris at L’Hôtel de Maisons, the dealer-run 7 Rue Froissart co-founded by Brigitte Mulholland and Sara Maria Salamone, and others like Paris Internationale and Asia Now.

Art Basel Qatar unveils new fair format and appoints Artistic Director

Art Basel has announced details for its inaugural edition in Qatar, set to take place from February 5 to 7, 2026, at the M7 creative hub in Doha's Design District. Departing from the traditional booth model, the fair will introduce an open-format exhibition centered on the theme 'Becoming,' with solo presentations by galleries responding to a central curatorial framework. Egyptian-born artist Wael Shawky has been appointed Artistic Director for the first edition, working alongside Art Basel's Chief Artistic Officer Vincenzo de Bellis to shape the curatorial vision and guide gallery selection. The fair will span two key venues—M7 and the Doha Design District—as well as public sites in Msheireb, and plans include transforming Qatar Museum's Fire Station into a platform for educational programs.

Party time: Cate Blanchett, Beth Ditto, Lily Allen and more light up glitzy Serpentine summer bash

The Serpentine in London hosted its annual invitation-only Summer Party, a glitzy fundraising gala that drew a mix of art, fashion, tech, and showbiz figures. For the first time since 2000, a single artist co-hosted the event: Australian actor and humanitarian Cate Blanchett. The evening featured the Lego Group's bright orange Play Pavilion, a reimagined installation by Indian artist Subodh Gupta, and the Serpentine Pavilion designed by Bangladeshi architect Marina Tabassum. Notable attendees included sculptors Thomas J. Price and Antony Gormley, artists Grayson Perry, Es Devlin, and Yinka Shonibare, along with celebrities like Lily Allen, Beth Ditto, will.i.am, and Jessica Gunning. The event also highlighted Giuseppe Penone's exhibition 'Thoughts in the Roots' and was supported by partners including Bloomberg Philanthropies, Ruinart, Gagosian, and Google Arts & Culture.

12 things not to miss at Art Basel's bigger and better 2025 event

Art Basel's 2025 edition in Basel features a packed program across the city, including a new Shop with exclusive drops like a limited-edition porcelain Labubu by Kasing Lung, an FC Basel jersey designed by an artist, and rare prints by Daniel Arsham and Amoako Boafo. Highlights include Jordan Wolfson at Fondation Beyeler, Dala Nasser at Kunsthalle Basel, a ghost train by Rebecca Moss and Augustin Rebetez at Museum Tinguely, and the group show Maison Clearing organized by C L E A R I N G. Joyce Joumaa presents a light-based installation at Art Basel Statements, Thomas Bayrle's 1960s installation Coats appears in Parcours, and Alia Farid shows at Unlimited.

The 10 Exhibitions to See in June 2025

The article highlights 10 exhibitions to see in June 2025, curated by editors. Key shows include the Serpentine Pavilion in London, designed by Dhaka-based architect Marina Tabassum, titled "A Capsule in Time" (6 June–26 October), a semi-open wooden structure inspired by South Asian tent designs that engages with light and public activation. Another featured exhibition is Hiền Hoàng's "Garden of Entanglement" at FOAM Amsterdam (6 June–ongoing), presenting works that explore trauma's imprint on human bodies and nature, including a soundscape installation developed with scientists and a VR piece on the Agarwood tree.

London 20th/21st Century Frieze Week sales achieve a running total of £141.8m / $189.7m / €162.75m

Christie’s 20th/21st Century: London Evening Sale during Frieze Week 2025 achieved £106.9 million, up 30% year-on-year, with a 90% sell-through rate by value. The top lot was Peter Doig’s *Ski Jacket* (1994), sold for £14.27 million after intense bidding, part of the Ole Faarup Collection, which raised £27.3 million total for the Ole Faarup Art Foundation. Other notable sales included works by Lucian Freud, Paula Rego, Gerhard Richter, Pablo Picasso, and Suzanne Valadon, with more than half of all lots selling above high estimate.

Serpentine to stage major solo exhibition by Amar Kanwar

Serpentine has announced a major solo exhibition by Amar Kanwar, opening at Serpentine North on 23 September 2026 and running until 31 January 2027. The show will feature landmark works from Kanwar's career, including the feature-length film *Such a Morning* (2017), the seven-screen installation *The Peacock's Graveyard* (2023), and the world premiere of a new multi-screen work, *The Charcoal Man* (2026), commissioned by Serpentine. Kanwar, based in New Delhi, is known for poetic, politically charged moving-image works that explore decolonisation, the Partition of India and Pakistan, displacement, violence, justice, ecology, and memory.

Why our country needs the artist Lubaina Himid right now: "I had to figure out how to represent Britain"

Lubaina Himid has been selected to represent Great Britain at the Venice Biennale, taking over the British Pavilion. The announcement came just before Christmas 2024, shortly before the opening of her first solo exhibition in China at the UCCA Center for Contemporary Art in Beijing, which features major works including 'Naming the Money' (2004). Himid, who was born in Zanzibar and raised in London, is a Turner Prize-winning artist known for centering Black narratives and marginalized histories through theatrical, life-size cut-out figures.

Rose Art Museum Presents Yinka Shonibare: Sanctuary Opening February 11, 2026

The Rose Art Museum at Brandeis University will present 'Yinka Shonibare: Sanctuary,' a major exhibition opening in February 2026. The show centers on the U.S. debut of Shonibare's monumental installation, *Sanctuary City* (2024), which features 18 illuminated, scaled-down replicas of historical and contemporary refuge buildings, each lined with the artist's signature Dutch wax textiles.

‘Wear layers and chic waterproof shoes’: Cherry Cheng on the art she collects, the London food she loves and how she survives Frieze week

Cherry Cheng, an art collector and founder of the high-end perfume house Jouissance, discusses her art-buying habits, favorite London spots, and Frieze week plans in an interview. She studied at Sotheby's Institute of Art and Goldsmiths, worked for Gurr Johns, and now collects works by artists such as Tancredi di Carcaci and Anastasia Pavlou, while supporting institutions like the Serpentine, Studio Voltaire, and the Institute of Contemporary Arts.

A brush with… Wolfgang Tillmans—podcast

The article is a podcast transcript featuring an in-depth conversation with Wolfgang Tillmans, the influential German photographer born in 1968. It covers his four-decade career, his experimental approach to photography—spanning portraiture, still life, landscape, political subjects, and abstraction—and his innovative installation methods that respond to specific exhibition spaces. Tillmans discusses early influences like Kurt Schwitters, Francisco de Zurbarán, Isa Genzken, Laurie Anderson, and Jiddu Krishnamurti, and reflects on his expanding practice into video, text, sound, and music. The piece also lists current and upcoming exhibitions, including a solo show at Maureen Paley in London and his participation in the 36th Bienal São Paulo.

Artists Jennifer Packer and Marie Watt receive $250,000 Heinz Awards

Artists Jennifer Packer and Marie Watt have been named winners of this year's Heinz Awards for the Arts, receiving an unrestricted cash prize of $250,000 each. The awards, now in their 30th edition, are bestowed by the Pittsburgh-based Heinz Family Foundation and honor individuals in the arts, economy, and environment. Packer, a painter known for boldly colorful figurative works, and Watt, whose practice spans steel sculpture and textiles rooted in Indigenous traditions, will be honored at a ceremony in Pittsburgh next month.