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Picasso Painting That Cost S. I. Newhouse a MoMA Board Position Heads to Christie’s for $55 M.

Christie’s New York will auction 16 masterpieces from the collection of late Condé Nast magnate S. I. Newhouse on May 18, with an estimated total of $450 million. The highlight is Pablo Picasso’s Cubist painting *Homme à la guitare* (1913), estimated at $35–55 million, which Newhouse acquired in 2000 for $10 million after MoMA sold it from its collection. Newhouse, then a MoMA board member, violated museum policy by buying the work and subsequently resigned from the board.

This month’s blockbuster auctions in New York could bring upwards of $2.5bn

This month's May auctions in New York are projected to generate between $1.8 billion and $2.6 billion across Christie’s, Sotheby’s, Phillips, and Bonhams. Major highlights include the estates of legendary dealers Marian Goodman and Robert Mnuchin, with top lots such as Gerhard Richter's *Kerze (Candle)* (est. $35m–$50m) at Christie's and Mark Rothko's *Brown and Blacks in Reds* (est. $70m–$100m) at Sotheby's. Additional offerings include works from the late S.I. Newhouse collection, featuring Jackson Pollock's *Number 7A* and Constantin Brâncuși's *Danaïde*, each estimated at $100m, as well as pieces from the collections of Agnes Gund and Marilyn Arison.

First Look: See What’s Inside the Met Gala’s “Costume Art” Exhibition

Vanity Fair art and style correspondents Nate Freeman and José Criales-Unzueta preview the Metropolitan Museum of Art's Costume Institute spring exhibition "Costume Art," which inaugurates the Condé M. Nast Galleries. The exhibition arrives amid controversy over the Met Gala being sponsored by Lauren Sánchez Bezos and Jeff Bezos, leading to boycott calls and New York Mayor Zohran Mamdani skipping the event. Despite this, Anna Wintour and Met director Max Hollein announced the gala raised a record $42 million. Head curator Andrew Bolton presents fashion as art, pairing garments with artworks like Warhol's Skull and Sarah Lucas's Nud Cycladic 9.

How Tech Billionaires Turn Couture into Content

Wie Tech-Milliardäre Couture zu Content machen

The Met Gala, long considered the premier event for fashion and cultural influence, has become increasingly dominated by tech billionaires. This year, Jeff Bezos and Lauren Sánchez Bezos purchased their role as co-hosts, sparking protests in New York and raising questions about whether money alone now buys entry into the highest echelons of fashion. Individual tickets cost $10,000 and a table $350,000, with sponsors including OpenAI, Snapchat, and Meta. The event, organized by Anna Wintour to raise funds for the Costume Institute at the Metropolitan Museum of Art, raised $31 million last year but has transformed from a benefit into a spectacle optimized for viral moments and algorithmic appeal.

Inside Youssef Nabil’s Landmark Musée d’Orsay Exhibition

Egyptian artist Youssef Nabil makes history as the first Arab artist invited to show at the Musée d'Orsay in Paris, with his landmark exhibition 'To Dream Again.' The show features his hand-painted silver gelatin prints that blend cinema, memory, and identity, and marks the first time the museum has invited an artist working primarily with photography to engage with its collection. The exhibition is deeply personal, tracing Nabil's journey from a 19-year-old rejected by art academies in Cairo to a globally recognized artist, and includes a dialogue with Pierre Puvis de Chavannes's painting 'Le Rêve,' which inspired a self-portrait Nabil created in 2021.

Frieze New York will Open With 68 Galleries from 26 Countries, and Other News.

Frieze New York will open on May 13, 2026, at The Shed with 68 galleries from 26 countries, marking its 15th edition. The fair emphasizes Central and South American galleries, supported by new committee members Fátima González and Omayra Alvarado, alongside blue-chip exhibitors like Gagosian, Hauser & Wirth, and Pace. In other news, Phillips set a watch auction record with its $96.3 million Geneva sale, the Met Gala generated $1.56 billion in media value, and ICFF announced a November 2027 edition. Tiffany & Co. and the CFDA launched a new jewelry design scholarship.

Met Gala 2026: Celebrities Wearing Art — Decoding the Inspirations Behind Their Looks

At the 2026 Met Gala, held on May 4 at New York's Metropolitan Museum of Art, celebrities interpreted the dress code 'Fashion is Art' with looks inspired by iconic artworks. ROSÉ wore a Saint Laurent gown based on Georges Braque's 'The Birds,' Emma Chamberlain's dress fused Vincent van Gogh's 'The Garden at Arles' and 'The Starry Night,' and Ben Platt donned a jacket reimagining Georges-Pierre Seurat's 'A Sunday Afternoon on the Island of La Grande Jatte' through bead embroidery.

The Met Gala May Be Over, But the Museum's New Exhibit Will Celebrate Costumes as Art all Year

The Metropolitan Museum of Art has opened a new exhibition titled "Costume Art," curated by Andrew Bolton, which pairs historical and contemporary garments with artworks from the museum's collection spanning 5,000 years. The exhibition is housed in the new 12,000-square-foot Condé Nast Galleries and runs from May 10, 2026 to January 10, 2027. It was launched in conjunction with the 2026 Met Gala, co-chaired by Beyoncé, Nicole Kidman, Venus Williams, and Anna Wintour, with celebrities like Emma Chamberlain, Naomi Watts, and Hunter Schafer wearing looks inspired by masterpieces in the Met's collection.

The Metropolitan Museum of Art's new exhibition celebrates the human body as art

The Metropolitan Museum of Art's Costume Institute opened a new exhibition titled "Costume Art," curated by Andrew Bolton, which pairs historical and contemporary garments with artworks from the Met's collection spanning 5,000 years. The exhibition debuted at the 2026 Met Gala, co-chaired by Beyoncé, Nicole Kidman, Venus Williams, and Anna Wintour, with celebrities like Rihanna, Emma Chamberlain, and Hunter Schafer wearing looks inspired by masterpieces such as Van Gogh's "The Starry Night" and Klimt's "Mäda Primavesi." The show runs from May 10, 2026, to January 10, 2027, in the new Condé Nast Galleries, a 12,000-square-foot space that centralizes fashion displays within the museum.

Take a Look Inside This Year's 2026 Met Gala 'Costume Art' Exhibition

The Metropolitan Museum of Art has announced its spring 2026 Costume Institute exhibition titled "Costume Art," along with the accompanying Met Gala fundraiser scheduled for May 4, 2026, with a "Fashion is Art" dress code. The exhibition will debut in the newly designed 12,000-square-foot Condé M. Nast Galleries, featuring nearly 400 objects that juxtapose historical garments with fine art across thematic bodily categories such as the "Classical Body" and "Pregnant Body." Curated by Andrew Bolton, the show includes standout pairings like a Glenn Martens suit with an ancient marble statue and a Comme des Garçons ensemble with a Max Weber painting, with mannequins featuring polished steel heads by artist Samar Hejazi.

The Met Costume Institute Unveils Its New Condé M. Nast Galleries

The Metropolitan Museum of Art's Costume Institute has unveiled its new 12,000-square-foot Condé M. Nast Galleries, named for the founder of Architectural Digest's parent company. Designed by the architecture firm Peterson Rich Office (PRO), the five-room exhibition space was carved from a former interior courtyard and gift shop, revealing historic brick and masonry facades that highlight the museum's architectural evolution. The galleries debuted alongside the exhibition "Costume Art," which explores the significance of dressed human form in fashion and fine art, curated by Andrew Bolton and celebrated at the Met Gala on May 4, 2026.

Lauren Sánchez Bezos unveils Met’s new exhibit amid gala backlash

Lauren Sánchez Bezos appeared alongside Anna Wintour at a press conference in New York to unveil the Metropolitan Museum of Art's new Costume Art exhibit, which opens May 10 ahead of the Met Gala. Sánchez Bezos and her husband Jeff Bezos are primary sponsors of this year's gala and exhibit, a role that has sparked backlash and a boycott campaign from the activist group Everyone Hates Elon. The exhibit explores themes of the dressed body through garments paired with ancient artifacts, featuring categories like "the naked body," "classic body," and "disabled body."

$450 Million Worth of Newhouse Trophies Come to Christie’s

Christie’s will hold a special evening sale in May featuring 16 artworks from the collection of the late Condé Nast chief S.I. Newhouse Jr., valued at a combined $450 million. The works are considered museum-quality trophies from one of the most significant private collections assembled in recent decades.

The Met’s much-anticipated spring 2026 exhibit puts fashion on a fine art level

The Metropolitan Museum of Art's Costume Institute will open its spring 2026 exhibition, "Costume Art," on May 10, 2026, running through January 10, 2027. The show features nearly 400 objects from the Met's collection, pairing couture garments with paintings, sculptures, and decorative works across centuries. Organized by "body types" such as "Classical Body" and "Mortal Body," the exhibition will be housed in the new 12,000-square-foot Condé Nast Galleries. The Met Gala, co-chaired by Beyoncé, Nicole Kidman, Venus Williams, and Anna Wintour, will kick off the exhibition with a dress code of "Fashion is Art."

Met Gala theme is Costume Art, celebrating fashion as fine art

The 2026 Met Gala, held on May 4, 2026, is co-chaired by Beyoncé, Nicole Kidman, Venus Williams, and Anna Wintour, with honorary chairs Jeff Bezos and Lauren Sánchez. The theme, "Costume Art," celebrates fashion as an embodied art form, with guests interpreting the dress code "Fashion is Art" through sculptural, architectural silhouettes. The accompanying exhibition, also titled "Costume Art," opens at The Met Fifth Avenue on May 10, 2026, and runs through January 10, 2027, pairing garments with artworks from the museum's collection to highlight the connection between fashion and fine art.

Presenting the Condé M. Nast Galleries

The Metropolitan Museum of Art has announced the opening of the Condé M. Nast Galleries, a new exhibition space within the museum. The galleries are named after the late publishing magnate Condé Montrose Nast, founder of Condé Nast Publications.