Artist Foundations’ Net Worth Has Nearly Tripled to $9 B., Led by Cy Twombly Foundation’s $1.5 B. in Art and Assets

New research from the Aspen Institute’s Artist-Endowed Foundation Initiative (AEFI) reveals that artist-endowed foundations in the U.S. now control roughly $9 billion in assets, nearly triple the $3.5 billion reported in 2011 and up 17% from $7.7 billion in 2018. The Cy Twombly Foundation leads with $1.5 billion in art and assets, followed by foundations for Alexander Calder, Joan Mitchell, Helen Frankenthaler, and Robert Rauschenberg, each holding over $500 million. The data, drawn from public tax forms, shows that just five of roughly 500 foundations account for more than half the total, with most established by postwar American artists born before 1931.

The 20 Most Expensive Artworks Hitting the Auction Block This Season

The May 2026 New York auctions at Christie’s, Sotheby’s, and Phillips will feature 20 high-value lots priced at $30 million or more, including works by Andy Warhol, Jasper Johns, Pablo Picasso, Piet Mondrian, Jackson Pollock, Willem de Kooning, Cy Twombly, Gerhard Richter, and others. The sales are staggered around the Venice Biennale and Frieze New York, with Sotheby’s holding its contemporary evening auction on May 14 and Christie’s its 20th-century sale on May 18. Notable consignments come from the estates of S.I. Newhouse, former MoMA board president Agnes Gund, and dealer Marian Goodman.

Twombly Foundation to Exhibit Rare Rauschenberg Works at Gagosian

The Cy Twombly Foundation is presenting six rarely seen early works by Robert Rauschenberg at Gagosian's new Upper East Side gallery in New York. The exhibition includes a fragile 1950 assemblage of twigs and glass, a cyanotype made with his then-wife Susan Weil, a 'Black Painting' from around 1952, and a 1961 assemblage, offering a unique glimpse into a period of the artist's output that he largely destroyed.

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.

Gagosian Opens a New Ground-Floor Flagship at 980 Madison Avenue with Duchamp-Rauschenberg Double Header

Gagosian is opening a new ground-floor flagship gallery at 980 Madison Avenue in New York, moving from its former upper-floor space in the same building. Designed by Caplan Colaku Architects, the 12,000-square-foot, two-level space consolidates three storefronts into a continuous layout with restrained materials like Portland Taupe stone and brushed stainless steel. The inaugural exhibition pairs a major Marcel Duchamp show with six early works by Robert Rauschenberg on loan from the Cy Twombly Foundation, coinciding with a Duchamp retrospective at MoMA and referencing a 1965 Duchamp exhibition held in the same building.

The $53 M. Wingate Collection Comes to Sotheby’s, Led by a $25 M. Giacometti

The collection of modern and contemporary art assembled by David and Shoshanna Wingate over seven decades will be sold at Sotheby's in New York and London on May 19 and 20. The sale, comprising over 50 works by artists like Alberto Giacometti, Mark Rothko, and Wassily Kandinsky, is estimated to fetch between $37 million and $53 million, led by Giacometti's sculpture "La Clairière (Composition avec neuf figures)" with an estimate of $18 million to $25 million.

The exhibitions to see in New York during Art Week 2026

Le mostre da vedere a New York durante l’Art Week 2026

The article highlights a selection of must-see exhibitions in New York during the 2026 Art Week, spanning major museums and galleries. At MoMA, three shows explore memory, identity, and artistic experimentation: Elizabeth Murray's retrospective on fragmented painting, Naufus Ramírez-Figueroa's works addressing Guatemala's civil war, and Arthur Jafa's curated connections across the museum's collection. The Whitney Museum presents the 82nd Whitney Biennial, featuring 56 artists questioning what it means to be 'American,' alongside an Andy Warhol exhibition of rarely seen polaroids from 1972-73. Hauser & Wirth debuts its first Carol Rama show, highlighting six decades of her experimental, anticonformist art.

The Top Collections Leading the May Marquee Auctions

The article reports that the May 2025 marquee auctions at Christie's and Sotheby's are being driven by a resurgence of major single-owner collections, reversing a period of trophy scarcity in the secondary market. Key collections include the $130 million Robert E. Mnuchin collection at Sotheby's, the personal collection of gallerist Marian Goodman at Christie's, and the S.I. Newhouse collection expected to generate around $450 million, featuring Jackson Pollock's 'Number 7A (1948)' and Constantin Brancusi's 'Danaïde (1913)'. The article notes that the ultra-high tier above $10 million rose 30% year-on-year, and single-owner collections in New York auctions totaled $730.9 million, an 89.9% increase from Q1 2025.

Ascendant Philanthropists Make $23 Million Donation to Met

The Metropolitan Museum of Art has received a $23 million donation from newly elected trustee Jennifer Rubio and her husband Stewart Butterfield, made through the Rubio Butterfield Foundation. The principal gift will endow the museum's undergraduate and graduate internship program in perpetuity, which will be renamed after the couple starting September 2026. An additional donation supports the Met's new Tang Wing for modern and contemporary art, set to open in 2030.

Gagosian Relocates to Ground Floor at Historic 980 Madison Avenue

Gagosian gallery has relocated to a new street-level space at 980 Madison Avenue in New York, opening on April 25, 2026. Designed by architect Jonathan Caplan of Caplan Colaku Architects, the 12,000-square-foot ground-floor gallery replaces the previous upstairs headquarters, offering direct public access from the street and featuring a restaurant, Kappo Masa, on the lower level. The inaugural exhibitions focus on Marcel Duchamp, including works from his 1960s readymades produced with Arturo Schwarz, and a selection of early Robert Rauschenberg pieces from the Cy Twombly Foundation.

A Venezia una mostra ripercorre l’opera di Jenny Saville con un inedito omaggio a Tiziano. La recensione

A major solo exhibition of British painter Jenny Saville has opened at Ca' Pesaro in Venice, tracing her career from early works like "Propped" (1992) and "Hybrid" (1997) to new paintings explicitly inspired by Titian. The show, curated by Elisabetta Barisoni, highlights Saville's monumental female nudes, her engagement with Renaissance masters, and her place within the Young British Artists generation that also included Damien Hirst and Tracey Emin.

SFMOMA reimagines our connection to 250 works of art across four floors.

San Francisco Museum of Modern Art (SFMOMA) has unveiled "Reimagined: The Fisher Collection at 10," a major reinstallation of approximately 250 works from 35 artists across four floors. The project was led by project assistant curator Ted Mann and chief education and public engagement officer Gamynne Guillotte, who collaborated to transform how the collection is presented. Changes include rotating galleries, such as the Agnes Martin room, to improve sightlines, and incorporating artists' voices, archival video, and interpretive tools to make abstract works more accessible. The reinstallation marks the tenth anniversary of the Fisher Collection's long-term loan to SFMOMA, originally arranged in 2009 and later extended to 100 years.

Inside the New Madison Avenue Flagship of the Powerhouse Gagosian Gallery

Larry Gagosian has opened a new flagship gallery at 974 Madison Avenue (preferring the address 980 Madison at 76th Street) after Bloomberg Philanthropies took over the building's upper floors, which had housed Gagosian's New York flagship since the late 1980s. The megadealer relocated to the street level, creating a 12,000-square-foot complex with exhibition spaces, offices, meeting rooms, and private viewing areas designed by Jonathan Caplan of Caplan Colaku Architects. The gallery launched with a double-header presentation of works by Marcel Duchamp and Robert Rauschenberg, and features ceilings just over 12 feet high, adaptable walls, and a vestibule display of art books.

The Broad: Yoko Ono Exhibition Draws Spring Crowds in 2026

As of March 2026, The Broad in Los Angeles is hosting Yoko Ono's first major solo museum show in Southern California, titled 'Music of the Mind.' The exhibition traces Ono's career from her 1950s Fluxus experiments to large-scale conceptual works, featuring interactive installations such as 'Wish Trees for Los Angeles' on the museum's East West Bank Plaza. The show opened on March 5, 2026, and has drawn record crowds to the free museum, which offers timed tickets for entry. The article also highlights other permanent attractions at The Broad, including Yayoi Kusama's Infinity Mirrored Room and galleries dedicated to Cy Twombly and Jeff Koons.

In Warsaw, “The Woman Question” Dismantles Art History’s Greatest Myth

The Museum of Modern Art in Warsaw presents "The Woman Question 1550-2025," a major exhibition curated by Alison Gingeras that dismantles the myth that women have only recently become artists. Featuring 199 works spanning centuries, the show includes pieces by Lubaina Himid, Alina Szapocznikow, Gina Birch, Macena Barton, Betty Tompkins, and Artemisia Gentileschi, among others. The exhibition is organized into nine chapters examining themes such as Baroque women, motherhood, and war, and is accompanied by a catalogue with contributions from museum director Joana Mytkowska and other scholars.

Marcel Duchamp at MoMA: Five Revelations From the Artist’s First North American Survey in Over 50 Years

The Museum of Modern Art in New York has launched a major retrospective of Marcel Duchamp, marking the artist's first comprehensive North American survey in over half a century. The exhibition traces Duchamp’s evolution from his early satirical drawings and avant-garde paintings to his revolutionary experiments with movement and mechanization, featuring iconic works like "Nude Descending a Staircase" and "L.H.O.O.Q." alongside technical diagrams and studies for "The Large Glass."

Who’s The Next Obsession? 12 European Collectors Reveal How They Discover New Talent

Cultured magazine asked 12 European collectors how they discover new talent, timed to the 61st Venice Biennale. Collectors like Nicole Saikalis Bay, Amélie du Chalard, Belma Gaudio, and Laurent Asscher share their personal approaches—ranging from emotional resonance and dialogue with existing works to long-term obsession with an artist before acquiring a piece. The responses reveal a diversity of methods, from instinct-driven buying to conceptual and technical evaluation.

Basquiat’s Former Dealer on the Making of an Art World Icon

Bruno Bischofberger, who served as Jean-Michel Basquiat's exclusive worldwide dealer from 1982 until the artist's death in 1988, reflects on Basquiat's life and legacy in an excerpt from the forthcoming book *Basquiat: The World of Jean-Michel*, published by Assouline. Bischofberger contrasts Basquiat's raw, politically charged approach with Andy Warhol's detached, commercial style, and recounts personal memories of Basquiat's visits to Switzerland, where he absorbed everything from visual art to folk art and design.

The Wonderful World that Almost Was by Andrew Durbin review – the queer artists who shaped New York cool

Andrew Durbin's new book, 'The Wonderful World that Almost Was,' is a double biography of painter and sculptor Paul Thek and photographer Peter Hujar. It chronicles their artistic maturation, their open and unapologetic gay relationship, and their central role in defining the 'cool' of the New York creative scene from the 1950s to the mid-1970s, before their deaths from AIDS.

Cy Twombly | Untitled | Art & Prints

This article is a listing for Cy Twombly's artwork "Untitled" (1960-61), a graphite and wax crayon on paper piece offered at Christie's. It provides a detailed biography of the artist, noting his birth in Lexington, Virginia, his studies at the School of the Museum of Fine Arts, Boston, the Art Students League of New York, and Black Mountain College, and his permanent move to Rome in 1957. The listing includes his major exhibitions, such as retrospectives at MoMA and the Whitney Museum, and highlights his high auction record of $70.5 million for "Untitled" (1970) at Sotheby's in 2015.

One Fine Show: “Wes Anderson, The Archives” at the Design Museum in London

The Design Museum in London has opened "Wes Anderson: The Archives," the first major museum exhibition dedicated to the filmmaker. Featuring over 700 pieces of ephemera—including costumes, props, stop-motion puppets, miniature models, paintings, and Anderson's notebooks and storyboards—the show draws from a personal archive he has built since 1998. The exhibition, a collaboration with la Cinémathèque française in Paris where it premiered last year, has been expanded by some 300 additional objects for its London run. It runs through July 26, 2026.

Important Early Works from the Cy Twombly Foundation

Gagosian Gallery will present an exhibition of six early works by Robert Rauschenberg from the Cy Twombly Foundation, opening April 25 at 980 Madison Avenue. The show coincides with the centennial of Rauschenberg’s birth and runs alongside a Marcel Duchamp exhibition in the gallery’s new ground-floor space. The featured works, including a rare 1950 sculpture and the photogram *Untitled (1950)*, were preserved by Cy Twombly, reflecting the close friendship and artistic exchange between the two artists who met in 1951 at the Art Students League of New York and later traveled together through Europe and North Africa.

food ruthie rogers austin butler paul mccartney

Ruthie Rogers, the chef behind London's Michelin-starred River Cafe, has launched a digital podcast called "Ruthie's Table 4," where guests like Tina Fey, Austin Butler, and Paul McCartney discuss their lives through food. The conversations have been compiled into a new book, "Table 4 at The River Cafe." Rogers reflects on her career, her socially active upbringing, and the restaurant's role as a cultural hub where artists such as Cy Twombly, Ellsworth Kelly, and Damien Hirst have contributed menu illustrations.

Exhibition | Daniel Crews-Chubb, 'Pareidolia' at MASSIMODECARLO Pièce Unique, Pièce Unique, Paris, France

MASSIMODECARLO Pièce Unique in Paris presents 'Pareidolia,' an exhibition of new paintings by London-based artist Daniel Crews-Chubb. The show explores the psychological phenomenon of pareidolia—the brain's tendency to see faces in random patterns—through heavily layered works created with hands, ink, oil, sand, and collage. Three paintings are featured: 'Immortal XXXVIII' and 'Immortal XXXIX' (2026), large-scale works drawing on cultural memory of ancient sculpture, and 'Mask XXIV' (2026), which tests the minimal cues needed for facial recognition. Crews-Chubb's process involves building up and tearing back surfaces over weeks, with charcoal lines added last to define emergent figures.

Tell Me About Love…

Yvon Lambert, the legendary French art dealer and collector, reflects on his lifelong relationship with art and literature in an interview for TLmag41: The Art of Collecting. He recounts buying his first painting at age 14, opening his Paris gallery in the 1960s, and later donating a major portion of his collection to the French State, now housed at the Collection Lambert in Avignon. After closing his gallery in 2014, he shifted focus to an artist's bookshop, now run by his daughter Eve Lambert. The conversation, led by Sibylle Grandchamp, explores Lambert's early influences, his father's passion for literature, and the family's shared love for art books.