Billionaire Leonid Mikhelson, Russia's 15th-richest man, has thrown his
wealth behind a museum show opening today in New York to mark the 20th
anniversary of the collapse of the Soviet Union.
by Scott Reyburn
The masterpiece by Dutch sculptor Adriaen de Vries was uncovered during a routine property valuation.
by
Ray Fazzi
Jewels that once belonged to the richest woman in England sold for $2.9
million at auction today as collectors buy gems with historical value.
The market for trophy art roared back after a three-night slump as Christie's saw its biggest tally for a New York
evening contemporary-art sale since May 2008.
by Colleen O'Dea
Increased competition in the auction and appraisal industry is giving collectors more tools for cashing in on their valuables.
by Craig Copetas And Guy Collins
Priced at up to $2,400 per bottle, CHateau Margaux is one of the world's rarest investable "commodities."
As postwar and contemporary art auctions begin in New
York this week, 66 Andy Warhol lots will test the market's appetite for
one of its biggest stars. What's the best buy?
Simon Cowell has amassed a fortune of $331 million,
enough to propel him into the Top 10 of U.K. musical millionaires, the
Sunday Times said.
How is it a novel so many readers describe as "life-changing" took 54
years and a gaggle of producers, writers and directors to bring to the
screen?
When hedge-fund manager Joe DiMenna was looking for a symphony to
support more than a decade ago, the Orchestra of St. Luke's in New York
caught his ear.
China's
growing ranks of millionaires are set to buoy sales at Sotheby's spring
auction in Hong Kong as collectors seek fine porcelain, wine and paintings.
The world is beset by crises, from an earthquake and
tsunami in Japan to revolution and repression in the Middle East. For
one small segment of the population, however, it's party time.
Collector's at a $1.4 billion art fair in Maastricht held back from buying because of the ongoing political unrest and natural disasters, dealers said.
China has overtaken the U.K. to become the world's second-largest art market after the U.S., according to new research.
Carlos Slim remains the world's richest person for a
second year with estimated assets of $74 billion, according to Forbes
magazine's annual global ranking of billionaires.
Billionaire Carlos Slim, the world's richest man,
gives a sneak peek tonight at his new Soumaya Museum in Mexico City,
representing one of his biggest gifts to the art and museum worlds.
A rediscovered Andy Warhol self portrait that hadn't been seen in
public for more than 30 years last night helped a London sale raise the
highest total in the U.K. capital since June 2008.
Andy Warhol's Coca-Cola bottle painting sold for $35.4 million at Sotheby's, making the artist the star of New York's contemporary art
auctions this week.
by Bloomberg News
Works by Andy Warhol and Damien Hirst will lead
contemporary-art sales in London next month that may raise at least $76 million and test a fragile market recovery, dealers
said.
Long used for estate sales, wealthy individuals are turning to auctions to sell jewelry, antiques and other valuables.
