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Mitch and Emily Rales, the billionaire founders of the Glenstone Foundation and its private museum in Potomac, Maryland, are divorcing. The foundation, established in 2006, holds net assets of $4.6 billion and an endowment rivaling that of the Metropolitan Museum of Art. The article revisits longstanding criticisms of private art museums, including Glenstone, arguing they function as tax shelters, social climbing tools, and competitors to public institutions. It notes Glenstone's restrictive policies—appointment-only access, a ban on visitors under 12, and a prohibition on gum chewing—and references past unionization efforts by its workers.

'The museum is not a space for the elite': Portuguese building firm’s new museum puts workers first

A new museum called Muzeu—Thought and Contemporary Art DST has opened in Braga, northern Portugal, housed in a former courthouse and built by the DST Group, a Portuguese industrial conglomerate. The inaugural exhibition, titled "Let Us Be Realistic, Let Us Demand the Impossible," features over 100 works by 96 artists including Alex Katz, Francesco Clemente, Franz West, and Nan Goldin. The museum prioritizes workers, opening first exclusively for company employees on 24 April, then to the public on Freedom Day (25 April), with free admission for the first week and closure on International Workers' Day (1 May).

Highlights from Art Basel 2025

Art Basel returned to Basel for its 55th edition in June 2025, featuring 289 top international galleries from 42 countries and territories. The fair attracted 88,000 visitors, including collectors, curators, and representatives from over 250 museums and foundations. Highlights included Arturo Kameya's storytelling installation at GRIMM in the Statements section and Lothar Hempel's series of painted aluminum works at Anton Kern Gallery in the Kabinett sector, alongside large-scale installations in Unlimited and public projects in Parcours.

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.

Art Paris: A Better Result Than Expected

Art Paris, un bilan meilleur que prévu

The 28th edition of Art Paris concluded with stronger-than-expected sales despite a sluggish start and a volatile global climate. Featuring 165 galleries, the fair solidified its position as a key regional event for French collectors, offering a price range typically between €10,000 and €40,000. While mega-galleries like Almine Rech participated with accessible works, the fair also welcomed newcomers like Esther Schipper and In Situ-Fabienne Leclerc, who reported positive results across various media including ceramics, photography, and painting.

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Galerie Eva Presenhuber in Zurich has opened "Franz West, Die Frühen Werke / Early Works," the gallery's twelfth exhibition dedicated to the late Austrian artist Franz West (1947–2012). The show surveys West's output from 1975 to 1990, highlighting his early sculptures, drawings, collages, and his signature interactive "Passstücke" (Adaptives)—pieces designed to be moved, worn, or played with by viewers. The exhibition runs through October 3, 2025.

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Artnet's Gallery Network highlights a selection of collectible design works that blur the line between fine art and functional objects. Featured pieces include Pawel Grunert's sculptural chairs, Djivan Schapira's nature-inspired dining table, Franz West's artist chairs, Yves Klein's iconic blue table, and Jean Royère's mid-century wardrobe, all available through the network's partner galleries.