Although modern European artists were the big performers at auction in 2015, contemporary art remains the most profitable market segment by far.
Buoyed by increased participation of international collectors from emerging markets, media attention driven by large price tags, and the perception of glamour generated by events such as Art Basel Miami Beach, the market for contemporary European artists remained strong in 2015.
We analyzed the numbers from the artnet Price Database and collected the top ten most expensive living European artists at auction this year, and it appears male artists continue to gain ground over their female counterparts.