The 16 Most Expensive Artworks Ever Sold at Auction

ARTnews published an updated list of the 16 most expensive artworks ever sold at auction, highlighting recent record-breaking sales such as Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16), which fetched over $236.4 million at Sotheby's, and Jackson Pollock's *Number 7A, 1948*, which sold for well above its $100 million estimate at Christie's in May 2026 from the S. I. Newhouse collection. The article traces the history of top auction prices, including Vincent van Gogh's *Orchard with Cypresses* (1888), which sold for $117 million during the Paul Allen sale at Christie's in November 2022, part of a record $1.5 billion single-evening auction.

Art Movements: Larry Gagosian Heads to the Big Screen

This week's Art Movements roundup covers several major art world developments. Larry Gagosian is the subject of a new unauthorized documentary by Canadian director Barry Avrich, completing his trilogy on the art industry. Pace Gallery has taken on representation of the Constantin Brancusi Estate. The Maxwell/Hanrahan Foundation announced five winners of its 2026 Awards in Craft, each receiving $100,000. Selldorf Architects and Studios Architecture Paris have been selected to lead a $1 billion renovation of the Louvre Museum, including a new room for the Mona Lisa. Other news includes the Sharpe-Walentas Studio Program's 2026–2027 cohort, A Blade of Grass's 2026 In Fellowship cohort, and several appointments.

Louvre Reveals Architects for $1 Billion Expansion

The Louvre has announced an international team of architects—New York's Selldorf Architects and Studios Architecture Paris—to lead its "Nouvelle Renaissance" expansion, a project estimated to cost over €1 billion ($1.2 billion). The plan, first announced by French President Emmanuel Macron in early 2025, includes a new entrance to accommodate three million additional visitors annually and a dedicated 33,000-square-foot exhibition space for Leonardo da Vinci's *Mona Lisa*. The museum's new director, Christophe Leribault, is moving forward with the project despite significant budget uncertainty, with cost estimates ranging from €270 million to €1.1 billion.

Jackson Pollock painting sells for record $181m at Christie’s in New York

Jackson Pollock's painting *Number 7A, 1948* sold for a record $181.2 million at Christie’s in New York, becoming the fourth most expensive work ever sold at auction. The sale also saw record prices for works by Constantin Brâncuși, Mark Rothko, and Joan Miró, with Brâncuși's bronze head *Danaïde* fetching $107.6 million and Rothko's *No 15 (Two Greens and Red Stripe)* selling for $98.4 million.

The Louvre changes: the project chosen to steer the museum into its new Renaissance

Il Louvre cambia: scelto il progetto che traghetterà il museo nel suo nuovo Rinascimento

The Louvre has announced the winners of its "Nouvelle Renaissance" competition, selecting a team led by STUDIOS Architecture Paris, with Selldorf Architects for museography and BASE Landscape Architecture for landscaping. The jury, chaired by Marc Guillaume and composed of 21 experts, chose this proposal from five finalists for its respectful and contemporary approach, which elegantly connects the city, the palace, and the museum while improving visitor flow and security. The project addresses urgent needs including new underground entrances, a dedicated space for Leonardo da Vinci's Mona Lisa, enhanced circulation, and green spaces, following a period of difficulty for the museum including a high-profile theft in October.