Art News. Vasari Codex

trending_up market schedule May 1, 2026 visibility 50 link 22 artists, 1 gallery

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.

newspaper ARTnews open_in_new Read original

trending_up market schedule Sep 16, 2025 visibility 12 link 5 artists

jean michel basquiat estate albino and preto collection 1234752068

Fashion brand Albino & Preto has collaborated with the Jean-Michel Basquiat estate on a new collection of jiujitsu sets and lifestyle apparel featuring the artist's paintings. The limited-edition collection, released on September 10 ahead of New York Fashion Week, incorporates martial arts motifs that Basquiat often used in his work, including a reference to the jiujitsu foot lock known as "Achilles." The Basquiat estate has a history of fashion collaborations, including a previous line with H&M tied to the 2022 exhibition "King Pleasure."

newspaper ARTnews open_in_new Read original

trending_up market schedule Oct 28, 2025 visibility 9 link 2 artists, 1 gallery

basquiat estate new print pace 1234759190

The estate of Jean-Michel Basquiat is releasing a new screenprint titled *King Alphonso*, available from Pace Prints starting November 5. Produced in an edition of 60, the print reproduces a 1982–83 drawing in acrylic and charcoal, referencing the Spanish monarch Alfonso XIII, known as “El Africano.” The work will be stamped and signed by Basquiat’s sisters, Lisane Basquiat and Jeanine Heriveaux, administrators of his estate. The announcement follows recent estate activities, including the 2022 “King Pleasure” exhibition in New York and the designation of Great Jones Street as “Jean-Michel Basquiat Way.”

newspaper ARTnews open_in_new Read original

article local schedule Oct 22, 2025 visibility 13 link 3 artists

stretch of downtown manhattan renamed jean michel basquiat way 1234758099

A stretch of Great Jones Street in downtown Manhattan between Bowery and Lafayette has been officially renamed "Jean-Michel Basquiat Way" in a ceremony co-organized by the Basquiat estate and the New York City Council. The street naming honors the late artist, who lived and worked in a second-floor space at 57 Great Jones Street from 1983 until his death in 1988, a property he rented from Andy Warhol. The event featured remarks from Basquiat's sisters Lisane Basquiat and Jeanine Heriveaux, along with city officials and cultural figures.

newspaper ARTnews open_in_new Read original

article culture schedule Nov 4, 2025 visibility 15 link 6 artists

The story of Jean-Michel Basquiat’s brief but dazzling life, as told by an art-world insider

Doug Woodham, former president of Christie's Americas and current managing partner of Art Fiduciary Advisors, has authored a new biography titled "Jean-Michel Basquiat: The Making of an Icon." The book is divided into two halves: the first offers a straightforward biography of Basquiat's life from his gifted childhood in Brooklyn to his rise as a star artist, his friendship with Andy Warhol, and his tragic death from a heroin overdose at age 27. The second half analyzes how Basquiat achieved such early success, examining the influence of his father Gerard, the legal battle with dealer Vrej Baghoomian over the artist's estate, and the roles of collectors like Peter Brant and José Mugrabi. Notably, the Basquiat estate refused permission to include images of his artwork because the book openly addresses sensitive issues about his character and life.

newspaper The Art Newspaper open_in_new Read original