Gerhard Richter Says He’s Shocked by the State of the Art Market

The most expensive living artist in Europe, Gerhard Richter, criticized the art market and denounced the hype surrounding contemporary artists, including himself, as a “cult of personality.” Speaking to the German weekly Die Zeit, the 83-year-old painter said the exorbitant prices his artworks achieve at auction were proof of how “insanely the art market has developed,” […]