Contemporary Art Is Flourishing Everywhere in Berlin

In former sex clubs, churches, and East German watering holes. When the Berlin collector Karen Boros first visited the place she now calls home, in the late 1990s, she was “catapulted into a different world,” she recently told me. “People were running around in leather outfits and strange masks, and fog machines made it impossible […]

One of the World’s Greatest Art Collections Hides Behind This Fence

The drab free port zone near the Geneva city center, a compound of blocky gray and vanilla warehouses surrounded by train tracks, roads and a barbed-wire fence, looks like the kind of place where beauty goes to die. But within its walls, crated or sealed cheek by jowl in cramped storage vaults, are more than […]

The Art of Larry Gagosian’s Empire

“CAN WE QUICKEN this up?” It’s lunchtime in New York and Larry Gagosian is hungry. It’s time for supper—or at least aperitifs—in Europe, where he recently did a three-week working tour of France, England, Germany and Switzerland, and it’s breakfast in Los Angeles, where last week he hosted his annual pre-Oscars opening at his Beverly […]

The Most Innovative Art Collectors of 2015

Judging from the number of seven, eight-, and even nine-figure prices at auction this past year, there is clearly no shortage of trophy-hunters around the world to continue powering the global art market boom. While money—and lots of it—is clearly a key prerequisite for collectors to play at the top level of the art game, […]

Off to the races: Miami Basel Begins, with Buoyant Sales Reports, a Bevy of Stella, and a Grab Bag of Celebrities

Art Basel Miami Beach opened its doors this morning to Earth’s primo art collectors, who perused the offerings from 267 galleries en route to snapping up works by blue-chip artists such as Picasso and Frank Stella, who continues his hot streak by having a dozen works spread among four different booths. Even more eye-catching are the text-based neon […]

The new reserve currency for the world’s rich is not actually currency

Here’s an interesting question: If the world’s economy is filling markets with a pervasive sense of uncertainty, why is the art market picking up steam for yet another season of what would appear to be massive sales?  For the very rich, art is a store of value—which is not a very new idea and one […]

The New Broad Museum Brings LA Lots of Blue-Chip Art and a Few Surprises

The wait is over. After a 15-month delay, ballooning costs, and lawsuits, the Broad Museum is finally set to open this Sunday in downtown Los Angeles. The new 120,000 square foot institution houses the postwar and contemporary art collection of Eli and Edythe Broad. For the past four decades, the couple has had an outsized […]

The Broad’s Big Debut

LOS ANGELES – Eli Broad is a man with a reputation for getting things done. After building two Fortune 500 companies from the ground up, he transferred his drive to philanthropy about fifteen years ago; his achievements have since included almost single-handedly creating a cultural centre for downtown Los Angeles, including its monumental anchor – the Frank […]

Art Collectors of Our Time: A Field Guide

In the cultivated wilds of the art world, one complex beast—omnivorous yet finicky, gentle-seeming yet quick to strike—sits at the center of the ecosystem: the collector. Often found at watering holes known as art fairs, where they feed on champagne and aesthetic goods (often shiny ones), these curious specimens of fascination come in many discrete […]

5 Big-Time Collectors On the One That Got Away

“I collect in sort of the old fashioned way, a little bit at a time. If I miss something this time, there is always something else to come along, and it’s usually a blessing in the end. My best hope is that the Italians go to sleep on their own material. You also have to be […]