It is hard to imagine an art world without Larry Gagosian in it. The mega dealer, who started in the 1970s by selling posters on the street, represents some of the most important artists of our time (Cy Twombly, Helen Frankenthaler, Richard Prince), but has also come to symbolize — and set the tone —
An Artist at His Easel, 1914. Artist John Singer Sargent. Heritage Images via Getty Images Oscar Wilde may—or may not—have remarked that “when bankers get together for dinner, they discuss art. When artists get together for dinner, they discuss money.” Today, the domains of the worlds of art and finance have never before been more
Dow Kim’s collecting journey began in the 1990s with a “stroke of luck,” he said. A finance executive living in Tokyo, he got a call from a colleague with the news that a Japanese art institution was selling a number of paintings. Before he knew it, he had bought an original Marc Chagall. His tastes
A London art dealer who duped investors and then fled to an island in the Pacific was sentenced on Monday to seven years in prison by a federal judge in Manhattan. The dealer, Inigo Philbrick, has been in custody for nearly two years, since his arrest in 2020 on the island of Vanuatu. That time
Australian Retirement Trust (ART) has appointed Jody Fitzgerald to the recently created role of head of investment resilience and planning. Ms Fitzgerald will join the super fund in late January 2024 from Morningstar Investment Management, where she serves as head of institutional portfolio management and solutions. With more than 20 years of experience, Ms Fitzgerald
My elderly and vulnerable stepfather was called by art company Smith & Partner Limited during the Covid lockdown. They befriended him and encouraged him to withdraw his £72,000 life savings and invest it with them. They promised an imminent high-return deal which never materialised, and the art prints they sold him are not worth anything
Billionaire art collector Ken Griffin has moved several of his most high-profile artworks from the Art Institute of Chicago, where he is a trustee, to the Norton, an art museum in West Palm Beach, Florida. Several artworks from Griffin’s $1 billion collection—Mark Rothko’s No. 2 (Blue, Red and Green) (Yellow, Red, Blue on Blue), 1953, Roy
Last updated:January 12, 2024 Modern technology and its new possibilities have been changing art for a while. But the Covid-19 pandemic posed a number of previously unheard-of obstacles that compelled creative thinkers to devise workarounds for exhibitions, meetings, and events, which accelerated the trend. Olyvia Kwok-Decani Let me intorduce myself I’m Olyvia Kwok and I’ve
Surprisingly, some of the world’s most iconic artworks aren’t displayed in museums or art galleries. They reside in the private art collections of a few billionaires across the globe — industrialists, celebrities, members of royal families and more. These famous art collectors don’t just collect art as a hobby. Investing in blue-chip art is an
Retail investors who invest directly in stocks, as opposed to investing through mutual funds, appear to have come of age if their transactions on the secondary market are anything to go by. Market experts say retail investors have in recent times tended to sell at highs and buy at lower levels, a reversal of their