Franz Manata

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Yves Bouvier faces fresh charges in Switzerland

Geneva's top federal prosecutor, Yves Bertossa, has charged the Swiss freeport magnate Yves Bouvier with fraud over his dealings with the Russian …

Fine Art

On the Hunt for Young Talent, Collectors Flock to Material and the Even Edgier Salon Acme in Mexico City

Art Fairs<p>Plus, we round up six artists to watch at Material, a fair dedicated to young galleries.<p>,<p>If the second day of the art fair Zona Maco in …

Mexico

Russian Billionaire Dmitry Rybolovlev Continues His Epic Legal Crusade Over the ‘Largest Art Fraud in History’

Art and Law<p>Meanwhile, Rybolovlev's Palm Beach real estate deal with Trump is drawing new scrutiny from US authorities.<p>,<p>Russian billionaire Dmitry …

Corruption

London museums are fighting billionaire buyers with art you can't collect

London's "risk-taking" galleries and museums are fighting back against billionaire buyers pricing them out of the art market, according to a report.

Museums

UK museum collecting at risk from lack of funding, report warns

Investigation by Sir David Cannadine for Art Fund paints ‘deeply depressing’ picture<p>Museum collections in the UK are at risk of becoming “inert and lifeless” unless more money is invested for them to buy objects, according to a report.<p>An investigation by the historian Sir David Cannadine, published …

Museums

Why the Auction World’s Top Brass Are Leaving for Galleries

It’s been a time-honored tradition for the monolithic figures of the auction world to eventually leave their perches at the rostrum and go off on …

Fine Art

Documenta 14 Investigation Widens to Include Possible Embezzlement of Public Funds

Art and Law<p>Germany's Attorney General confirms that an expanded criminal investigation has begun into the $6 million deficit created by the Kassel …

Corruption

Art businesses ill-prepared for new EU data protection law

Barely four months before it becomes law, much of the UK art market has yet to address what is billed as the most important change in data privacy …

Privacy

Art Basel’s 2018 Exhibitor Is Here and It Includes 17 Newcomers

Art World<p>The lineup includes a total of 293 exhibitors.<p>,<p>Art Basel has unveiled the lineup of exhibitors for its 49th annual edition in Switzerland, …

Modern Art

Indian art market estimated at Rs1,460 crore in 2017: report

A significant proportion of the art market belongs to the Rs 0.1-0.5 million segment and a tax rate of 12% on this is substantial enough to …

Fine Art

In London, Investigating the Personal Collection of an Art-Obsessed Royal

<i>Charles I: King and Collector</i>, the appropriately magisterial exhibition at London’s Royal Academy of Arts, brings together a spellbinding treasury of artworks that formed part of the ill-fated monarch’s collection.<p>Charles I’s father, King James I, was a patron of the arts who sponsored Shakespeare …

Art

The Auction House Giants Double Down on Private Sales

Auctions<p>The battle for supremacy between Christie's and Sotheby's has moved behind closed doors.<p>,<p>Auction houses expanded their reach into the private …

Fine Art

See Inside David Zwirner’s 25th Anniversary Show Spotlighting the Mega-Gallery’s Greatest Artists

On View<p>Show of the Day: "David Zwirner: 25 Years” in New York.<p>,<p><b>DAVID ZWIRNER</b><p>“David Zwirner: 25 Years”<br>David Zwirner, Chelsea New York<p><b>What the Gallery</b> …

Art

The monumental vision of world's most expensive photographer

<b>(CNN) —</b> After two years of extensive renovations to its brutalist home, London's Hayward Gallery has reopened with a major retrospective dedicated to German photographer Andreas Gursky .<p>"Having a great building only gets you so far. We need to have great art to go into it," curator and gallery …

CNN

Clear Your Schedule: Here Is the Definitive Art Fair Calendar for 2018

Art World<p>Mark your calendars, it's going to be a busy year.<p>,<p>The new year is revving up, and we’ve compiled a comprehensive list of all the art fairs …

Modern Art

Bernardo Paz Accused of Using His Art Foundation—Not His Art Buying—for Money Laundering

Art collector Bernardo Paz has been convicted in Brazil of money laundering but the charges are not what anyone would have expected. One of the …

Corruption

Why Is the Art Market Suddenly Going Crazy for Arte Povera—50 Years Later?

The market for Postwar Italian art has been rapidly growing over the last decade—you can’t swing a Balenciaga bag around a modern art fair lately …

Italy

The Gray Market: What Art-Fair Schedules Tell Us About the Market (and Other Insights)

Opinion<p>This week, our columnist asks why Frieze really decided to add an extra VIP day to its New York fair—and he questions the speed with which the …

Fine Art

Christie’s $479.3m Impressionist and Modern sale hits highest total since 2007

Christie’s pulled off its second-highest total for an Impressionist and Modern evening sale last night, 13 November, in New York. The $479.3m total …

Jerry Saltz: Christie’s Says This Painting Is by Leonardo. I Really Doubt It.

<b>Update:</b> The painting sold for more than $400 million.<p>Sandwiched between onlookers who’d waited in line outside in the cold to be ushered into the …

Art History

How the Art World, and Art Schools, Are Ripe for Sexual Abuse

Edgar Degas, “Interior (The Rape)” (1868–69) (via Wikipedia)This is not the first time I have written about sexual harassment, and it probably won’t …

Gallerist David Zwirner gears up for Eastern sojourn in 2018

David Zwirner likes art that rubs him the wrong way. He is drawn to works that are prickly and can’t be easily categorized. Given that he’s one of …

Modern Art

Here’s the Exhibitor List for Independent New York 2018

Newcomers this year include Cheim & Read, Marlborough Contemporary, Sikkema Jenkins & Co., and Magenta Plains. Read MoreThe post Here’s the Exhibitor …

Modern Art

Phillips’s $114 Million Contemporary Sale, Led by Peter Doig, Brings the Art World Back to Earth

Auctions<p>Doig, Picasso, and Basquiat were the stars at the house's solid, un-flashy sale.<p>,<p>The art world seems to have sobered up after Wednesday …

Fine Art

How Salvator Mundi became the most expensive painting ever sold at auction

Was the $400m fetched by Leonardo da Vinci’s masterpiece due to its exceptional quality – or something more?<p>It was an eye-watering amount that not even the experts had predicted. As the hammer fell at Christie’s New York on Wednesday night, it marked the first time that $400m (£304m) was paid for a …

Why Are Critics Calling the $450 Million Painting Fake?

Even before Leonardo da Vinci’s <i>Salvator Mundi</i> went to auction Wednesday night at Christie’s in New York, naysayers from around the art world were …

Fine Art

What Brought documenta to the Brink of Bankruptcy? Auditors Find a One-Word Culprit: Athens

Art World<p>Costs to co-host the exhibition in Athens sent the budget spiraling.<p>,<p>Ever since it emerged in September that curator Adam Szymczyk’s hugely …

Europe

The Art World Reacts: Watch Important People Freak Out About the $450 Million da Vinci on Social Media

Art World<p>The Internet went a little bonkers. What else did you expect?<p>,<p>If you’ve been in a coma since last night, you’re waking up to the news that a …

Fine Art

New York Gallerists Counter Art-World Elitism by Showing Every Work They’re Sent

Installation view of <i>Et Tu, Art Brute?</i> Courtesy of Andrew Edlin Gallery.The premise of the open call was simple: Any person, regardless of age, …

Art

Here’s How You Get Someone to Bid $450 Million for a Painting

The vision came to Loic Gouzer when he was free diving in the Caribbean: Da Vinci and Warhol, together, on sale.<p>The Renaissance painter was on …

Fine Art