Benjamin Millepied, incoming director of the Paris Opera Ballet, read a Twitter message from George Soros last night, quoting Jim Yong Kim, the president of the World Bank Group:
Sotheby’s, the New York-based auction house, will open a new art gallery for private sales in London this fall with a show of works by the German artist Joseph Beuys during “Frieze Week.”
Billionaire banker Edmond J. Safra and his wife, Lily, lived with regal lavishness before his death in a Monaco fire in 1999.
The Brazilian-born billionaire Lily Safra is selling a collection of jewels at an auction in Switzerland that’s set to raise more than $20 million for charity.
As the fine art market rebounds from a two-year slump, investors should consider what happened when two established appraisers were called upon to place a value on Hole and Vessel II, an abstract sculpture by Anish Kapoor .
Investors are being invited to join a European-based group that plans to buy about $80 million worth of art and forecasts annual returns of 12 percent.
Per Skarstedt is the latest New York dealer to open in London as the city’s existing galleries expand to profit from growing demand.
There are signs of renewed confidence in the art market, to judge from the girth of the latest round of auction catalogs.
The value of the world’s most expensive items sold at auction more than doubled in 2010 as the top end of the market bounced back from the financial crisis.
Six paintings by Gerhard Richter sold last night at auction for a total of almost $30 million, confirming his status as the most bankable living artist, dealers said.
"I think he could make a big difference."
- Lily Safra on Sep 10, 2013