A $2 million painting by Ellsworth Kelly and five light holograms by James Turrell, priced at $100,000 apiece, were among the first artworks snapped up by collectors at the opening of the Art Show in Manhattan.
A former longtime assistant to the painter Jasper Johns was charged with stealing 22 artworks from the artist’s Connecticut studio and selling them through a Manhattan gallery for a $3.4 million profit.
A Jasper Johns painting of the American flag from the estate of author Michael Crichton sold for a record $28.6 million last night in New York at Christie’s International’s biggest contemporary art auction in two years.
It’s mid-October, and Jeffrey Gundlach is giving a stump speech to a luncheon crowd of about 200 financial advisers and investors at Los Angeles’s City Club. The renowned money manager’s theme: the financial catastrophe on the horizon.
Stock markets are down. Europe is gyrating. Cash generates minuscule returns. Commodities, especially gold, can soar or tumble in an instant. In these perplexing times, Bloomberg Markets magazine in its January issue asked 10 billionaires 14 questions covering their views on the global economy, where they see opportunities and who gave them the best advice.
Karen McNeill, Ph.D., used to teach history at the University of California, Berkeley. In June, she took a job as head of family history with Ascent Private Capital Management, a new unit of U.S. Bancorp that manages the affairs of ultra-wealthy families.
Henry Kravis, co-chairman of KKR & Co., and art collector Donald L. Bryant Jr. agreed to resolve claims that Bryant reneged on an agreement to donate paintings by Jasper Johns to the Museum of Modern Art in New York.