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kiran nadar bought m f husain record breaking painting christies

Kiran Nadar, a prominent Indian collector, revealed she purchased M.F. Husain's 1954 painting *Untitled (Gram Yatra)* for $13.8 million at Christie's New York, making it the most expensive work of Indian modern art ever sold at auction. The painting, estimated at $2.5–3.5 million, was originally owned by Norwegian surgeon Leon Elias Volodarsky and later donated to Oslo University Hospital, which consigned it after a 13-year deaccessioning process.

judge denies motion to dismiss swizz beatz 1mdb case

A federal judge has denied a motion to dismiss music producer and art collector Kasseem Dean, known as Swizz Beatz, from a bankruptcy case tied to the 1MDB scandal. Dean and his two companies, Monza Studios and Swizz Beatz Productions, were named as defendants in a suit filed in October 2024 by joint liquidators Angela Barkhouse and Toni Shukla, seeking to recover $7.3 million allegedly transferred to Dean from entities controlled by Jho Low, the mastermind of the $7.65 billion 1MDB fraud. Judge Naomi Reice Buchwald ruled that the plaintiffs' claims are not time-barred, that they have standing, and that sufficient facts have been pleaded to proceed to discovery.

fiat family missing artworks collection investigation

The family behind the Fiat empire, the Agnellis, is under a new investigation into missing artworks and forgeries, as reported by the Times of London. Italian investigators are focusing on 13 works by artists including John Singer Sargent, Pablo Picasso, and Francis Bacon, allegedly missing from the collection founded by Giovanni Agnelli and expanded by his grandson Gianni, who died in 2003. Margherita Agnelli de Pahlen, Gianni’s daughter, claims she is being cheated out of her inheritance by Marella’s children from a previous marriage. Shippers reportedly brought copies of the works to the family’s Rome residence between 2016 and 2018, and Carabinieri are seeking information on the originals.

christies kawamura memorial dic museum art monet renoir

Christie’s has been consigned to sell works from the collection of the Kawamura Memorial DIC Museum of Art, including pieces by Claude Monet, Pierre-Auguste Renoir, Marc Chagall, Henri Matisse, and Henry Moore, as part of its fall marquee auctions. A top highlight is Monet’s oil painting *Nymphéas* (1907) with a low estimate of $40 million. The museum, located in Sakura, Japan, and owned by the DIC Corporation, decided last December to downsize and relocate, selling 75 percent of its 384 artworks valued at $77.5 million. The sale includes eight works in Christie’s 20th Century Evening Sale in November, with additional pieces in day sales for Impressionist and Modern Art as well as Post-War and Contemporary Art.

max carter christies chairman 20th and 21st century art americas

Christie’s has appointed Max Carter as chairman of 20th and 21st Century art for the Americas. Carter, a Canadian-American writer and art specialist who joined the auction house in 2007, previously led the Impressionist and modern art department in the Americas from 2017 to 2022. He has overseen major collection consignments from Anne Bass, Paul Allen, S.I. Newhouse, Mica Ertegun, Robert F. Weis and Patricia G. Ross Weis, and Elaine Wynn, and has achieved record prices for artists like Ed Ruscha and Henri Rousseau. Carter will report to Christie’s global president and succeeds in the role as the auction house prepares for its marquee November sales in New York.

christies robert patricia weis collection sale

Christie’s has secured the collection of Robert F. Weis and Patricia G. Ross Weis for its November sales in New York, with 80 lots valued at over $180 million. The collection spans Cubism to Abstract Expressionism and includes major works by Picasso, Matisse, Mondrian, and Rothko, with top estimates reaching $50 million. The Weis family, founders of Weis Markets, assembled the collection over more than seventy years, and 18 lots will be sold in a single-owner sale ahead of Christie’s 20th-century evening sale.

christies lawsuit milos vavra egon schiele nazi looted art

A Czech man named Milos Vavra, a descendant of Jewish cabaret performer and collector Fritz Grünbaum who was murdered by the Nazis, has filed a lawsuit against Christie's in New York Supreme Court. Vavra demands that the auction house disclose the ownership and location of several blue-chip artworks from the Grünbaum Collection, including works by Egon Schiele. He alleges that Christie's entered a nondisclosure agreement with a Swiss family seeking to auction looted artworks, and he needs the information urgently to file claims before the Holocaust Expropriated Art Recovery Act (HEAR Act) statute of limitations expires in late 2026.

barbara hepworth sculpture uk national collection

The Hepworth Wakefield and Art Fund have successfully raised £3.8 million to acquire Barbara Hepworth’s sculpture *Sculpture with Colour (Oval Form) Pale Blue and Red* (1943). The wood and string artwork, previously in private hands and rarely seen publicly, was sold at Christie’s in London last March for £3.5 million. A temporary export bar imposed by the UK government gave the museum time to raise funds, with the deadline set for August 27. The funding came from over 2,800 donations and major grants, including £1.89 million from the National Lottery Heritage Fund and £750,000 from the Art Fund, along with private support.

george lucas comic con panel lucas museum preview

George Lucas made his long-awaited debut at Comic-Con's Hall H to present a sneak peek of the Lucas Museum of Narrative Art, set to open in Los Angeles next year. The panel, moderated by Queen Latifah, included filmmaker Guillermo del Toro and production designer Doug Chiang, and revealed details about the 300,000-square-foot building designed by Ma Yansong of MAD, with 33 galleries, two theaters, and 11 acres of green space. Lucas discussed his personal collection of over 40,000 works, emphasizing narrative art's role in shaping community and shared beliefs, and highlighted pieces by Norman Rockwell, Kadir Nelson, Beatrix Potter, and Frida Kahlo.

maripol sophie bramly joopiter marketplace sale

Maripol, the French-born photographer who documented downtown New York's 1980s cultural scene, is selling selections from her archive through Joopiter's Marketplace platform in a sale titled "Downtown Archive: '80s – '90s New York." The sale includes her Polaroid portraits of icons like Jean-Michel Basquiat, Madonna, Grace Jones, Debbie Harry, and Andy Warhol, as well as ephemera such as an invitation to Fiorucci's 15th anniversary party at Studio 54. Also featured are artifacts from Sophie Bramly, creator of "Yo! MTV Raps," including her custom bomber jacket and photographs of hip-hop pioneers like Kool Herc, Run-DMC, and Keith Haring. The sale is rounded out with vintage designer fashions from Chanel, Thierry Mugler, Bob Mackie, and Donna Karan, curated by retailer Vintage Grace.

ronald perelmans 410m trial finally begins

Billionaire collector Ronald Perelman's $410 million insurance trial has finally begun after seven years of litigation, over 1,500 court filings, and a 2018 fire at his East Hampton estate. The dispute centers on five paintings by Cy Twombly, Ed Ruscha, and Andy Warhol that survived the fire but were exposed to smoke and sprinklers. Perelman claims the works lost their market appeal—their "oomph"—while insurers at Lloyd's of London dispute any detectable damage and allege Perelman quietly tried to sell some of the pieces. The trial has also revealed that Perelman sold over 70 works from his collection after a margin call from Deutsche Bank, with some contested paintings used as collateral.

christies first half results 2025

Christie's reported that its auction sales for the first half of 2025 totaled $2.1 billion, identical to the same period last year, suggesting the art market may be stabilizing. However, the $2.1 billion figure marked a 22 percent drop from the first half of 2023, indicating stabilization at a lower level. The house sold seven of the top 10 works at auction, led by Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black, and Blue* (1921) for $47.6 million from the collection of Barnes & Noble founder Leonard Riggio. Luxury sales rose 29 percent, while Old Master sales increased 15 percent, but Asian art and Classics fell 28 percent and 32 percent respectively. The Americas led buyer activity at 45 percent, followed by EMEA at 34 percent and APAC at 21 percent.

racquel chevremont interview and just like that

Racquel Chevremont, a curator and collector who recently appeared on the Real Housewives of New York, was brought in by the producers of the Sex and the City reboot And Just Like That… to build the art collection for the character Lisa Todd Wexley. Chevremont selected works by Black artists including Carrie Mae Weems, Deborah Roberts, Barkley Hendricks, Gordon Parks, Mickalene Thomas, Derrick Adams, and Alma Thomas to adorn the Wexley family home, carefully choosing each piece to reflect the character's identity as a successful Black documentarian and mother. In an interview with ARTnews, Chevremont explains how she researched the character's background to curate a collection that feels authentic, and describes the process of licensing images for reproduction on set rather than borrowing original works.

art lending hong kong real estate sothebys

A high-profile Hong Kong real estate family, the Parkview group, explored an art-backed loan with Sotheby’s earlier this year, offering over 200 works by artists including Andy Warhol, Pablo Picasso, Salvador Dalí, Yue Minjun, Qi Baishi, and Zao Wou-Ki. The deal collapsed due to logistical challenges around transporting and warehousing the large collection at Sotheby’s facilities. Parkview clarified that no agreement was reached and no loan is expected, while Sotheby’s did not comment.

romania secures hold on stolen el greco painting

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 after the Romanian government claimed the work was unlawfully taken from its national collection. The painting, valued at $7–9 million, was consigned by Russian billionaire Dmitry Rybolovlev, who acquired it in 2010 from Swiss dealer Yves Bouvier. Romania has initiated litigation through Paris to recover the work, arguing it was illegally removed in 1947 by King Michael I as he fled the Communist takeover.

david lynch collection auction

A collection of 450 objects owned by the late filmmaker David Lynch was auctioned by Julien's Auctions, achieving a white-glove sale totaling $4.25 million. The top lot was a group of scripts from Lynch's unrealized film project *Ronnie Rocket: The Absurd Mystery of the Strange Forces of Existence*, which sold for $195,000. Other notable sales included scripts for *Mulholland Drive* ($104,000), *Twin Peaks* pilot ($91,000), and *Twin Peaks: Fire Walk with Me* ($78,000), as well as Lynch's director chair ($91,000), a personal 35mm print of *Eraserhead* ($52,000), and his La Marzocco espresso machine ($45,500).

picasso ceramics auction geneva

A rare collection of seven unique Picasso ceramics, hand-painted between 1947 and 1964 at the Madoura Pottery Workshop in Vallauris, France, will be auctioned at Piguet in Geneva on Thursday. The pieces, including plates and platters featuring animals and motifs from Picasso's oeuvre, have been in private hands for nearly 40 years after being gifted from the Picasso estate to a friend in the 1980s. Estimates range from 20,000 to 50,000 Swiss francs, with a pigeon platter expected to fetch the highest price. Two additional works on paper by Picasso from the same owner are also included in the sale.

art market minute jun 16

Art Basel, the world's largest art fair, returns from June 17 to 22 amid ongoing market contraction and geopolitical instability. Meanwhile, Sotheby's London will auction the private collection of legendary art patron Pauline Karpidas in a 250-lot sale this September, estimated to fetch a record-setting $81 million. Additionally, Frieze will relocate to a new venue in Seoul for its fourth edition in the South Korean capital.

sothebys picasso ceramics

Sotheby's London held a 'white glove' sale of 126 one-of-a-kind ceramics by Pablo Picasso, all from the collection of his granddaughter Marina Picasso. The auction achieved a 100% sell-through rate, generating £12.3 million ($19.4 million), with the top lot—a painted goat-shaped vase titled *Cabri* (circa 1947)—selling for £485,000, nearly quadrupling its estimate.

graham gund architect art collector dead

Graham Gund, an architect and prominent art collector, died on June 6 at age 84. With his wife Ann, he built a significant contemporary art collection featuring works by Pablo Picasso, Kenneth Noland, Kiki Smith, Christo and Jeanne-Claude, and Richard Serra. Gund designed and funded the Gund Gallery at Kenyon College, his alma mater, and was a longtime patron of the Museum of Fine Arts Boston, where a gallery and the directorship endowment bear his name. He appeared multiple times on the ARTnews Top 200 Collectors list.

sothebys frame clothing collection

Fashion brand Frame has released a clothing collaboration with Sotheby’s, featuring loungewear, jeans, jackets, and accessories that prominently display the auction house’s logo. The capsule collection, described as a first-of-its-kind partnership, includes items like a $228 beach towel, $278 shorts, and a $1,298 cashmere sweater, modeled by Sotheby’s staff including SVP Ashkan Baghestani and AVP Kelly Pyrtle.

new institute of sexology celebrates history of erotic art film photography

The Wellcome Collection in London has opened a new exhibition titled "The Institute of Sexology," celebrating the history of erotic art, film, and photography. The show features a wide range of objects including archival material, ethnographic and medical artifacts, erotica, and works by contemporary artists such as John Stezaker, Sharon Hayes, Zanele Muholi, and Timothy Archibald. It highlights pioneers of sexology like Sigmund Freud, Alfred Kinsey, and Marie Stopes, and marks the first exhibition after the institution's £17.5 million expansion, inaugurating a new gallery for large, year-long shows.

citigroup mexico bank

Citigroup is selling its Mexican retail banking operation, Citibanamex, along with a collection of approximately 2,000 Mexican artworks dating from the 18th century to the present. The collection includes works by Frida Kahlo, Diego Rivera, José Clemente Orozco, Leonora Carrington, and Remedios Varo, and is considered the most important private painting collection in Mexico. Citibanamex has stated the collection is an integral and indivisible part of the sale and will not be sold separately.

wet paint romero britto cruise

Artnet News' gossip column Wet Paint reports on a Valentine's Day dining experience aboard a simulated Princess Cruises ship at Pier 59 in Chelsea Piers, New York. The event, titled "Love by Britto: First Artistically Inspired Dining Experience Celebrating 'Love'," was designed by Miami-based artist Romero Britto, featuring his signature kaleidoscopic pop art on plates, wine labels, paperweights, and even toilet paper roll stickers. Chef Rudi Sodamin prepared the meal, which included a cocktail with edible glitter and heart-shaped desserts. Britto himself attended a run-through the previous night, and the $214 tickets for the final evening were sold out.

pennsylvania man pleads guilty fake picasso basquiat

A 77-year-old Pennsylvania man, Carter Reese, pleaded guilty on May 29 to wire fraud and mail fraud for selling artworks falsely attributed to major modern and contemporary artists including Joan Miró, Pablo Picasso, Andy Warhol, Jean-Michel Basquiat, Roy Lichtenstein, Keith Haring, Fernand Léger, and Francis Bacon. The scheme ran from February 2019 to March 2021, and was uncovered by the FBI's Art Crime Team in Philadelphia and Miami. Reese, a former teacher and admissions director at Pottstown's Hill School, also claimed a personal collection of 17,000 antiques valued at over $6 million.

collectors igor and mojca lah open contemporary art museum slovenian mountains

Collectors and philanthropists Igor and Mojca Lah are opening a new contemporary art museum called Muzej Lah in Bled, Slovenia, set to debut next year. Designed by David Chipperfield Architects, the 55,000-square-foot museum will be built into a hillside beneath Bled Castle and will house the Fundacija Lah art collection of around 800 works, including pieces by Joseph Beuys, Anselm Kiefer, William Kentridge, Anne Imhof, and Theaster Gates, many never before publicly displayed.

barbara hepworth takes top lot at londons british art sales

London's auction houses held seven sales of Modern British art this week, achieving £22.3 million (including buyer's premium) against a presale estimate range of £21.3 million to £31.7 million. A total of 547 of 705 lots sold, a 77.6% sell-through rate. Bonhams struggled, with half its top lots unsold, including a Henry Moore bronze estimated at £1–2 million, but Pyms gallery and art adviser Wentworth Beaumont bought key works below estimate. Sotheby's raised £6.4 million, led by Edward Burra's *Striptease, Harlem* (1934) at £842,500, and a Paul Nash watercolor tripled its estimate to £212,500. Christie's achieved the highest total at £12 million, topped by Barbara Hepworth's *Figure (Sunion)* (1960), bought by Pyms gallery for over £800,000.

calder sale art detective

An Alexander Calder mobile, *Big Horizontal Red* (1956), estimated at $5–7 million, is set for auction at Christie’s on May 12. The work’s provenance traces through Perls Galleries, the Texas Institute for Rehabilitation and Research, and a private New York collection, but a source reveals that its 1997 purchaser, Patricia Halterman, was the granddaughter of Magda Goebbels, wife of Nazi propaganda minister Joseph Goebbels. Christie’s declined to comment on the consignors but stated it conducted careful evaluation and diligence.

mari claudia jimenez art law and advisory withers

Mari-Claudia Jiménez, a prominent figure in the international art market and former chairman and president of the Americas at Sotheby's, has joined global law firm Withers to launch Withers Art and Advisory, a hybrid legal-art advisory practice based in New York. The new venture will provide collectors, estates, and institutions with integrated market advice and legal counsel on acquiring and holding art, combining real-time market insight with transactional legal expertise. Jiménez, a barred attorney, has overseen landmark deals including the restitution and sale of five Kazimir Malevich paintings, the $106.5 million sale of Picasso's *Nude, Green Leaves and Bust*, and the record-breaking $922 million Macklowe collection auction.

art basel qatar

Art Basel is expanding to the Middle East with a new fair in Doha, Qatar, set to launch in February 2026. The inaugural edition will feature around 50 galleries from local and international scenes, held across two venues: M7 and the Doha Design District. The fair is a partnership between Art Basel, Qatar Sports Investments (QSI), and QC+, a cultural commerce collective under Qatar Museums. A new artistic director will be announced soon, and the fair aims to scale up over time, with additional art activations in outdoor spaces like Msheireb Museums and Barahat Msheireb square.