Art News
New record for a Magritte: 79.8 million dollars!
Mar 4, 2022
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2 minutes read
René Magritte's L'empire des lumières sells for £59.4 million ($79.8 million) at Sotheby's. The previous record was $79.7 million for the artist Le Principe du Plaisir (1937).
Art News
Revelations about Roman Abramovich's Billion-Dollar Art Collection!
Sep 27, 2023
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2 minutes read
Roman Abramovich and Dasha Zhukova's billion-dollar hidden art collection, revealed by leaked documents, includes more than 300 masterpieces of modern art. The artworks, collected over nearly a decade, include pieces by Monet, Picasso and Freud, but their future remains uncertain due to sanctions against Abramovich.
Art News
Egypt's Billion-Dollar Museum Set to Open Amid Tourism Challenges
Nov 13, 2023
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1 minutes read
Egypt's Grand Egyptian Museum (GEM) is preparing to open its doors after two decades of development and a billion-dollar investment. Despite tourism challenges, including the Israel-Hamas conflict, the GEM is set to become the world's largest museum dedicated to a single civilization, showcasing 100,000 artifacts, with a significant portion on public display for the first time.
Art News
144 million dollars seized from the architect of the "Putin's Palace"
Aug 8, 2022
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2 minutes read
Italian Police Seize Picasso and Modigliani Paintings Belonging to the Architect of "Putin's Palace"
Art News
Record! Sale of the Paul Allen collection worth a billion dollars
Aug 26, 2022
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3 minutes read
The Wall Street Journal reported on Thursday that the art collection of tech mogul Paul Allen, who died in 2018 at age 65 and was a co-founder of Microsoft, will be sold at Christie's. It will be one of the most expensive single-owner sales ever.
Art News
Thieves steal a multi-million dollar NFT collection from a gallery owner.
Jan 5, 2022
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2 minutes read
Todd Kramer had 15 NFTs worth $2.2 million stolen in a phishing scam. The gallery owner was able to reclaim some pieces with the help of buyers and the NFT platform OpenSea. Some people have started making NFT's of art that they did not create.
Art News
Former Art Institute of Chicago Payroll Chief Jailed for Multimillion-Dollar Embezzlement
Nov 23, 2023
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2 minutes read
Michael Maurello, the former payroll manager at the Art Institute of Chicago, has been sentenced to three years in prison for embezzling $2.3 million over 13 years. Despite the large sum stolen, the museum confirmed the theft did not significantly impact its operations and plans to recover the funds through insurance.
Art News
He Destroys Multi-Million Dollar Art Because He Was "Mad At His Girlfriend"!
Jun 8, 2022
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1 minutes read
Because he was "mad at his girl," a man broke into the Dallas Museum of Art and destroyed several ancient Greek artifacts.
Art News
40 million dollars for a painting from the series "Nymphéas" by Monet to be auctioned
Nov 3, 2021
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2 minutes read
Le Coin du Bassin aux Nymphéas (1918) will be auctioned off on November 16. It is one of a number of Monet pieces that have recently fetched high prices. The American buyer paid $6.7 million for the painting 24 years ago.
Art News
Muhammad Ali, a boxer but also a contemporary artist who is worth a million dollars today
Oct 12, 2021
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2 minutes read
A recent auction sold 26 of Muhammad Ali's rare works for almost $1 million. The total sale price was $945,524, which was three times the appraisers' expectations. Fans were taken aback when Bonhams shared Ali's artwork on Instagram.
Art News
The painting "Salvator Mundi", sold for 450 million dollars to a Saudi prince, is not by Leonardo da Vinci
Nov 15, 2021
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3 minutes read
Curators at the Museo Nacional del Prado have downgraded the picture of Jesus, the most valuable painting ever sold at auction, after years of debate concerning its origin.
Art News
The Sistine Chapel set for Netflix, demolished just after it was used. 5 million dollars go up in smoke!
Aug 23, 2022
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4 minutes read
Netflix spent $5 million to make a copy of the Sistine Chapel that was perfect. The copy was destroyed soon after. Why?
Art News
Bought for 35 dollars in a second-hand store in Texas, the sculpture turns out to be an ancient Roman bust!
May 24, 2022
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2 minutes read
A marble bust purchased for about $35 from a Goodwill store by a Texas woman is on temporary display at a San Antonio museum after experts determined it was a centuries-old sculpture missing from Germany since World War II.