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Watch the Record-Breaking Auction of This Gustav Klimt Portrait, Which Just Became the Second Most Expensive Painting Ever Sold

Gustav Klimt's "Portrait of Elisabeth Lederer" sold at Sotheby's for $236.4 million on November 20, 2025, becoming the most expensive modern artwork ever auctioned and the second most expensive painting overall. The life-size oil painting, created between 1914 and 1916, depicts the 20-year-old daughter of prominent Jewish art collectors. After a 20-minute bidding war starting at $130 million, an anonymous telephone bidder won the work, which had been owned by cosmetics heir Leonard Lauder until his death in June 2025.

The Costume Institute Will Debut 25 Mannequins at the 2026 Met Gala in a Move to Embrace Body Positivity

The Costume Institute at The Metropolitan Museum of Art will debut 25 new mannequins for its 2026 Met Gala exhibition, "Costume Art." The mannequins are modeled on a diverse range of real body types, including individuals with disabilities, and are intended to challenge the fashion industry's historical reliance on standardized, thin display figures.