Home » ART NEWS » Currently Reading:

Roman Abramovich buys $60 million IIya Kabakov art collection

January 30, 2013 ART NEWS No Comments

20130130 093804 Roman Abramovich buys $60 million IIya Kabakov art collection
“Holidays #10″ (1987) by Ilya Kabakov sold for 1.5 million pounds ($2.4 million) at Phillips in London in 2011. The work came from the collection of John L. Stewart whose Kabakov art trove was purchased by Russian billionaire Roman Abramovich and his partner Dasha Zhukova. Source: Phillips via Bloomberg

Billionaire Roman Abramovich and his partner, Dasha Zhukova, bought a major group of works by Ilya Kabakov, the priciest living Russian artist.

While the amount paid for the group last year hasn’t been disclosed, the asking price for the works ranged as high as $60 million, according to observers familiar with private art sales.

The group consists of about 40 paintings as well as important early albums and installations.
Most of the works were made by Kabakov before he left Moscow in 1987. The artist, who lives in New York, was a founder of Moscow’s conceptualist-art movement.

“It’s one of the largest Kabakov collections in the world,” said Emilia Kabakov, the artist’s wife and collaborator since 1989, who confirmed the sale. “It’s also the most outstanding in terms of quality and art-historical significance.”. Via: Bloomberg

www.ilya-emilia-kabakov.com/

FAD NEWS

REVIEW: Rearranging the Career of Bita Fayyazi

October 25, 2014

REVIEW: Rearranging the Career of Bita Fayyazi

Bita Fayyazi’s work is disquieting; massive cockroaches swarm and inelegant thread bound heads jut from walls, smashed figures squat on low podiums and terracotta dead dogs lie on piles of dirt. Yet, almost against aesthetic reason, the pieces are utterly compelling. Her third solo outing at Gallery Isabelle van den Eynde is a reinterpretation of her [...]

NX-Perspectives: Sharp New Digital Art inspired by the provocative new Lexus NX

October 23, 2014

NX-Perspectives: Sharp New Digital Art inspired by the provocative new Lexus NX

As regular readers know, FAD loves digital art, so we’re delighted to have encountered an innovative global project from Lexus called NX-Perspectives.

ARTNEWS:The Mexican Embassy And Jose Cuervo Partner To Lead ‘Day Of The Dead’ Celebrations In London

October 22, 2014

ARTNEWS:The Mexican Embassy And Jose Cuervo Partner To Lead ‘Day Of The Dead’ Celebrations In London

Jose Cuervo, the oldest tequila brand in the world partners with the Mexican Embassy to bring an art-led Day of The Dead festival to London

ART NEWS: London gallery to give away all its Art for FREE

October 22, 2014

ART NEWS: London gallery to give away all its Art for FREE

In a world first an art gallery in central London will be giving away every single one of its exhibits to passers-by (for free!) this Friday

ART NEWS: Legendary Magnum Photographer René Burri Dies at 81

October 22, 2014

ART NEWS: Legendary Magnum Photographer René Burri Dies at 81

Leaving behind a significant body of work, FAD takes a moment to remember legendary photographer René Burri

ART NEWS : “The Theory of Everything” brings NYC to Tears

October 22, 2014

ART NEWS : “The Theory of Everything” brings NYC to Tears

Stephen Hawking biopic, “The Theory of Everything” made it’s U.S. premiere at The Museum of Modern Art in New York City Monday night. The film, starring Eddie Redmayne as Stephen Hawking & Felicity Jones as Hawking’s wife Jane, was said to leave its audience in tears as film industry darlings gathered to watch the films debut.

Don’t Miss: NON ZERO ONE as part of WHAT MARCEL DUCHAMP TAUGHT ME @FASLondon

October 21, 2014

Don’t Miss: NON ZERO ONE as part of WHAT MARCEL DUCHAMP TAUGHT ME @FASLondon

Taking you on a 22 minute headphone journey throughout the entire 5 floors of the UK’s oldest commercial dealership..

FAD DAILY

FAD DAILY

Want brilliant, exciting and interesting art and culture news in your inbox every day? Course you do. Sign up to our newsletter below.

ADVERTISING