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The article examines the seductive and often corrupting influence of extreme wealth in the art world, detailing how high-end dealers, advisors, and collectors indulge in lavish lifestyles involving private jets, couture, and exclusive parties. It highlights recent scandals, including the imprisonment of art dealer Inigo Philbrick and advisor Lisa Schiff for defrauding clients, and a new legal battle between prominent art advisors Barbara Guggenheim and Abigail Asher, who accuse each other of misappropriating millions to fund luxury expenses.

art basel hong kong 2026 exhibitor list announced 1234761975

Art Basel Hong Kong has announced its exhibitor list for the 2026 edition, featuring 240 galleries from 42 countries and territories, roughly the same size as last year's 242 galleries. The fair runs March 27–29 at the Hong Kong Convention and Exhibition Centre, with preview days on March 25–26. New additions include 32 first-time exhibitors from Australia, Japan, Turkey, France, Germany, and the US, while 33 galleries from the previous edition are absent—some due to closures (Blum, Clearing, Kasmin) or acquisitions (Millan bought by Almeida & Dale). A new sector called Echoes will showcase works created in the last five years, and the Encounters sector will be curated by a team led by Mami Kataoka. Media artist Ellen Pau will oversee the film program for the first time, and Shahzia Sikander has been commissioned to create a public artwork for the M+ Museum facade.

The Venice Biennale’s Polite Fiction of Being ‘Above the Market’ Is Wearing Thin

The 61st Venice Biennale is underway, with art world figures flocking to Venice for the opening. While the Biennale is officially a non-selling curatorial platform, commercial interests are increasingly visible: galleries are funding artists' projects to recoup investments, auction houses like Christie's are hosting private selling exhibitions (including a 'Ghost Pavilion' at the Ca' Dario Palazzo), and fashion houses such as Bottega Veneta and Chanel are sponsoring events. Sotheby's has pulled support for the U.S. Pavilion, which is now crowdfunding, while Frieze is bankrolling the British Pavilion for a second time.

chicago volume gallery move west town 1234771359

Volume Gallery, a Chicago gallery specializing in art and design, is tripling its size and moving to a new location in the West Town neighborhood. The gallery, founded by Claire Warner and Sam Vinz, will open a 3,500-square-foot space on February 13, marking its third location since its 2010 launch. The inaugural exhibition, "The Heresy of Legacy," will feature works by artists and designers including Selva Aparicio, Richard Artschwager, and Joyce Scott.

Bettina Pousttchi Recasts Steel Barriers as Poetic Sculptures at Rockefeller Center

German artist Bettina Pousttchi has unveiled a monumental steel sculpture titled "Vertical Highways V03" at New York’s Rockefeller Center. Crafted from repurposed roadway guardrails that have been bent and colored, the vertical installation stands in dialogue with the surrounding Art Deco architecture. The work, which has previously been exhibited in Paris, Berlin, and Istanbul, will remain on public display in Midtown Manhattan through April 17, 2026.

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Gallery Weekend Berlin took place during the city's spring bloom, featuring exhibitions like Alvaro Urbano's melancholic installation "September and Lions" at ChertLüdde and Pamela Rosenkranz's flesh-toned water bottles at KaDeWe. The event kicked off on May Day and included expanded public tours, artist talks at the Neue Nationalgalerie, and a 24-hour window project. Notable attendees included collector Frédéric de Goldschmidt and celebrity Usher, who collected art. The weekend was marked by a mood of resilience despite political turmoil.

The Robots Were Never the Problem

The New Museum has reopened with 'New Humans: Memories of the Future,' a massive survey featuring over 150 contributors including Hito Steyerl, Precious Okoyomon, and H.R. Giger. Spanning 13 sections across the museum's new 5,500 square-meter extension, the exhibition traces the intersection of art, technology, and the human body from the early 20th century to the present. It juxtaposes interwar European works, such as Hannah Höch’s photomontages and Bauhaus ballets, with contemporary installations like Simon Denny’s sculpture of an Amazon worker's cage.

10 Power Players in Paris

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The inaugural edition of Paris+ by Art Basel has opened in Paris, marking a significant shift in the city's art fair landscape. The article profiles ten key figures instrumental in shaping the French art market, including fair director Clément Delépine, dealer and committee president Marion Papillon, and institutional leaders like Suzanne Pagé of the Fondation Louis Vuitton and Rebecca Lamarche-Vadel of Lafayette Anticipations.

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Christie's 21st century evening sale on May 14, 2025, generated $96.4 million against a presale low estimate of $79.5 million, with 39 lots offered and a sell-through rate of 90% before withdrawals. The top lot was Jean-Michel Basquiat's 'Baby Boom' (1982), which sold for $23.4 million with fees, consigned by collector Peter M. Brant. Marlene Dumas's 'Miss January' (1997) achieved $13.6 million, setting a new record for the most expensive living female artist, surpassing Jenny Saville's previous record. Other notable sales included Simone Leigh's 'Sentinel' (2020) at $5.7 million, while works by Ellsworth Kelly and Felix Gonzalez-Torres failed to sell.

The US Pavilion Wants Your Money

The American Arts Conservancy, a new nonprofit with MAGA-aligned leadership, is fundraising for Alma Allen's 2026 US Pavilion at the Venice Biennale through a "Donate" button on its website, having received no institutional financial support. Meanwhile, a sculpture by Pedro Reyes at the newly unveiled LACMA building has sparked controversy for recalling a 2021 commission rejected by Mexico City after Indigenous and feminist protests, and the experimental LA nonprofit The Box has closed after 19 years.

Museum of Contemporary Art Detroit reopens, with the local community front and centre

The Museum of Contemporary Art Detroit (Mocad) reopened on 25 April after over a year of renovations, unveiling upgrades to its 22,000-square-foot Midtown space—including a new learning space, air conditioning, and a large street-facing window—just in time for its 20th anniversary. The main building has been renamed after co-founder Julia Reyes Taubman. Co-directors Marie Madison-Patton and Jova Lynne have repositioned the institution as a civic space, emphasizing community engagement and local artists, with exhibitions such as Olayami Dabls: Detroit Cosmologies, Martha Mysko's Retail Therapy, and Carole Harris's This Side of the River.

New York Galleries: Openings and Closings (03/09-03/15)

New York City’s gallery scene is set for a major wave of activity between March 10 and March 15, 2026, with dozens of new exhibitions opening across Manhattan. High-profile showcases include Sam Gilliam and Chuck Close at Pace Gallery, Maria Lassnig at Petzel, and Paul Chan at Greene Naftali. The week features a diverse range of media, from David Armstrong’s portraiture at Artists Space to Bat-Ami Rivlin’s industrial installations at Management.

The Ultimate Guide to New York Art Week 2025

New York Art Week 2025 is underway as the international art world converges on the city for a series of major spring fairs. Galerie has surveyed six key fairs—Frieze New York, Independent, TEFAF New York, NADA New York, Future Fair, and Esther II—highlighting standout artworks and notable presentations. Highlights include Jeff Koons' Hulk sculptures at Gagosian, Claire Tabouret's new paintings at Perrotin, and Tuan Andrew Nguyen's kinetic sculptures at James Cohan. Independent returns to Spring Studios with its 16th edition, featuring a new curatorial initiative, Independent Debuts, showcasing 26 emerging artists including Shafei Xia, Laura Footes, and Lewis Brander.

The Incredible Story of Edmonia Lewis, America’s First Black and Indigenous International Art Star

The Peabody Essex Museum has launched "Edmonia Lewis: Said in Stone," the first-ever retrospective dedicated to the 19th-century sculptor who was the first Black and Indigenous American artist to achieve international fame. Curated by Shawnya L. Harris and Jeffrey Richmond-Moll, the exhibition is the culmination of seven years of research and detective work to locate surviving marble sculptures and archival fragments. The show tracks her journey from her early life as "Wildfire" to her education at Oberlin College and her eventual professional success in Boston and Rome.

art dealers association cancels 2025 edition of new york fair 2668781

The Art Dealers Association of America (ADAA) has canceled the 2025 edition of its annual New York art fair, The Art Show, which was scheduled to open at the Park Avenue Armory on October 28. The decision was communicated to members via email and confirmed by ADAA president Susan Sheehan, with the board citing a strategic pause to reimagine the fair for long-term sustainability. The fair has been a staple of the New York social calendar, with its VIP opening night serving as a fundraiser for the Henry Street Settlement, raising over $38 million for the nonprofit over three decades.

Several Eternities in a Day: Form in the Age of Living Materials

The Hammer Museum in Los Angeles presents "Several Eternities in a Day: Form in the Age of Living Materials," a spring 2026 exhibition running from April 5 to August 23. Curated by Jill Spalding, the show features works by artists including Edgar Calel, Guadalupe Maravilla, Carmen Argote, and others, exploring the concept of "Brownness"—a fluid identity rooted in ancestral memory, animal kinship, and a profound connection to living materials. The exhibition is organized into three acts: large-scale installations, paintings and works on paper, and ceramics, offering a visceral and immersive experience that draws on precolonial traditions across the Americas.

The Art World This Week, 19 September 2025

Ocula's weekly briefing reports strong sales at viennacontemporary with 15,000 visitors and six-figure results for Galerie Zimmermann Kratochwill. Sotheby's announced $248 million in pre-tax losses for 2024 but achieved $100 million from the Karpidas collection sale and consigned the Pritzker and Lauder collections for November. Haegue Yang was appointed chair of the executive board at Kunst-Werke Berlin. Yemen's National Museum in Sanaa was damaged by Israeli airstrikes. Gallerist Sebastian Gladstone opened a new Los Angeles space, while L.A. Louver closed its Venice Beach gallery after 50 years. Taymour Grahne Projects opened in Dubai. Samia Halaby won the MUNCH Award, Jennifer Packer and Marie Watt received Heinz Family Foundation awards, and the Henry Moore Foundation distributed £100,000 to UK sculptors.

parties project eats gala lauren halsey dana irwin

Project EATS held its 2025 benefit gala at New York's IAC Building, honoring food writer and former Food & Wine editor-in-chief Dana Cowin and artist Lauren Halsey, a 2025 CULT100 recipient. The event brought together a crowd of artists, patrons, and cultural leaders including Cindy Sherman, Glenn Ligon, Iwan and Manuela Wirth, and Glenn Lowry, with a culinary experience led by chefs Aretah Ettarh and Camari Mick. The evening featured speeches celebrating Cowin and Halsey, and highlighted Project EATS's mission of transforming vacant lots into urban farms and community spaces that provide access to food and culture.

Montclair Art Museum Hires Esteemed Curator Kate Kraczon After Layoffs at Brown University

The Montclair Art Museum in New Jersey has appointed Kate Kraczon as its new chief curator, effective June 15. Kraczon previously served as director of exhibitions and chief curator at the David Winton Bell Gallery at Brown University, where she was laid off in late 2024 amid a wave of cuts. She succeeds Gail Stavitsky, who held the post since 1994. The museum also recently hired Todd Caissie, an enrolled member of the Osage Nation and former director of Canada’s New Brunswick Internment Camp Museum, as its director.

billionaire collector les wexner jeffrey epstein deposition 1234773967

Billionaire retail magnate and prominent art collector Les Wexner provided a closed-door deposition to the House Oversight Committee regarding his past relationship with Jeffrey Epstein. During the testimony, Wexner characterized himself as "naive, foolish, and gullible" for trusting the disgraced financier, whom he labeled a con man. While Wexner denied any knowledge of or involvement in Epstein’s criminal activities, Democratic lawmakers noted that the 88-year-old offered few new details and frequently cited a lack of memory regarding key events.

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Over 250 prominent cultural figures have signed an open letter protesting the abrupt departure of Devyani Saltzman from her role as Director of Arts and Participation at London’s Barbican Centre. Saltzman, who was appointed just last year to modernize the institution's programming, is set to leave in May following the recent arrival of new Chief Executive Abigail Pogson. High-profile signatories, including Salman Rushdie, John Akomfrah, and Isaac Julien, are demanding transparency regarding the decision-making process and the future of the position.

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The New Museum in New York will reopen on March 21, 2026, after a two-year closure for a major expansion. Designed by OMA / Shohei Shigematsu and Rem Koolhaas, the project adds 60,000 square feet to the existing SANAA-designed building, bringing the total footprint to nearly 120,000 square feet. New features include expanded exhibition space, a 74-seat Forum, an enlarged Sky Room, artist commissions by Tschabalala Self, Klára Hosnedlová, and Sarah Lucas, a larger bookstore, and a restaurant by Henry Rich with executive chef Julia Sherman. The reopening weekend will offer free admission funded by trustee Charlotte Feng Ford, and the museum will debut the exhibition “New Humans: Memories of the Future,” featuring over 200 artists including Francis Bacon, Salvador Dalí, and contemporary figures like Meriem Bennani and Hito Steyerl.

collector leslie wexner denies being jeffrey epsteins co conspirator 1234768161

A recently released set of files related to convicted sex criminal Jeffrey Epstein has implied that his ties to collector Leslie Wexner, the former Victoria's Secret CEO, ran deeper than previously thought. An FBI email released by the Department of Justice referred to potential “co-conspirators” who worked with Epstein, and while heavily redacted, the message clearly references Wexner, the namesake collector behind the Wexner Center for the Arts in Columbus, Ohio. Wexner's spokesperson denied the implication, stating that he was “neither a co-conspirator nor target in any respect” in the inquiry.

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At Design Miami 2025, artist Nicole Cherubini presented monumental ceramic sculptures at Friedman Benda's booth, alongside Molly Hatch's installation of 288 ceramic plates at Todd Merrill's booth. The fair, curated under the theme "Make.Believe" by Glenn Adamson, saw 15 previous exhibitors drop out due to President Trump's tariffs—including a 50 percent tariff on steel and aluminum—while eight more booths appeared overall, dominated by younger, emerging talent and organic, pastel-hued designs. Established galleries like Donzello, Patrick Seguin, and Sarah Myerscough did not return, while first-time exhibitors included Arte y Ritual and Mass Modern Design.

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Art dealer Jeffrey Deitch shared his impressions of New York's $2.2 billion auction week, praising Sotheby's for its acquisition of the Breuer Building and the intimate atmosphere of its new salesroom. He highlighted the $527 million sale of Leonard A. Lauder's collection, the presence of major figures like Patrick Drahi, Larry Gagosian, and the Mugrabi clan, and lauded auctioneer Ollie Barker's skill. Deitch contrasted the experience with the old days of auction-going, noting the excitement and club-like feeling.

prominent art advisory implodes after 37 years as ex partners fire off lawsuits 2667729

Art advisors Barbara Guggenheim and Abigail Asher, who ran the blue-chip advisory Guggenheim Asher Associates for 37 years, are now locked in a bitter legal dispute. Lawsuits filed in New York Supreme Court allege fraud, tax evasion, misappropriation of funds, abuse, and exploitation. Guggenheim claims Asher misappropriated over $20.5 million in revenue, while Asher counters with accusations of unethical behavior, including using sex and kickbacks to secure artworks and lying to collectors. The firm’s clients included celebrities like Steven Spielberg and Tom Cruise and corporations such as Sony and Coca-Cola.

design guide openings events exhibtions

This article from Cultured magazine highlights several notable art and architecture openings and exhibitions around the world. Key events include the reopening of Donald Judd's Architecture Office in Marfa, Texas, after a seven-year closure and a devastating 2021 fire; the opening of the Tselinny Center of Contemporary Culture in Almaty, Kazakhstan, designed by British architect Asif Khan; and the debut of "Chiharu Shiota: Two Home Countries" at Japan Society in New York, marking the artist's first solo museum exhibition in the city. Other featured shows include "Dream Rooms: Environments by Women Artists 1950s-Now" at M+ Museum in Hong Kong, "Vacant Futures" at VI PER Gallery in Prague, and "Four Five Six" by OFFICE KGDVS at A83 in SoHo, New York.

arrival art fair guide to the berkshires

A new art fair called Arrival will debut in the Berkshires from June 12 to 15, hosted at the Tourists hotel in North Adams. Conceived by artist Crystalle Lacouture, gallerist Yng-Ru Chen, and advisor Sarah Galender Meyer, the invitational event features three dozen exhibitors selected by curatorial ambassadors including Amy Smith-Stewart of the Aldrich, Sayantan Mukhopadhyay of the Portland Museum of Art, and Natalie Diaz of Art Omi. Participants range from the Wassaic Project to Jonathan Carver Moore and Abigail Ogilvy Gallery. Beyond the main fair, programming includes Lodge Talks on university museums and alternative funding, plus studio visits with local artists Jenny Holzer, Mary Lum, and Willie Binnie.

rose art museum gala exhibition fund

The Rose Art Museum held its first-ever New York benefit gala, marking its return to the fundraising circuit after two decades. Co-chaired by advisor Abigail Ross Goodman and Christie’s Sara Friedlander, the event honored sculptor Hugh Hayden and philanthropist Lizbeth Krupp, the longtime chair of the museum’s board of advisors. The evening raised $900,000 toward a new $2 million Exhibition Endowment Fund, with Krupp making the first gift. Guests included artists Salman Toor, Leilah Babirye, Ali Banisadr, and Ilana Savdie, as well as gallerist Jeanne Greenberg Rohatyn and Public Art Fund’s Nicholas Baume.

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Clément Delépine, the director of Art Basel Paris, has been appointed as the next director of Lafayette Anticipations, a prominent Parisian exhibition space. He will succeed Rebecca Lamarche-Vadel, who is leaving after six years to pursue new challenges. Delépine will assume the role on November 17, shortly after the upcoming edition of Art Basel Paris, which opens to VIPs on October 22. A search for a new director for the Paris fair is underway.