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

WATCH: Takashi Murakami’s NEW video for Pharrell Williams “It Girl”

October 1, 2014

WATCH: Takashi Murakami’s NEW video for Pharrell Williams “It Girl”

Pharrell Williams Video for album track “It Girl.” produced by friend and collaborator Takashi Murakami

ART NEWS: NEW Banksy Art Appears in Folkestone

October 1, 2014

ART NEWS: NEW Banksy Art Appears in Folkestone

Banksy has produced a new art work In Folkestone

ART NEWS: GalleriesNow.net Launches: A revolutionary guide to the international world of contemporary art.

September 30, 2014

ART NEWS: GalleriesNow.net Launches:  A revolutionary guide to the international world of contemporary art.

Today (September 30th, 2014) is the launch of GalleriesNow.net, “A revolutionary guide to the international world of contemporary art.”

ART NEWS: Artist to build Temple in Northern Ireland.

September 30, 2014

ART NEWS: Artist to build Temple in Northern Ireland.

David Best, the artist behind the popular ornate temples at Nevada’s Burning Man Festival, has began crowdfunding for a similar structure in Northern Ireland.

FADNYC Top 5: ART BOOK FAIR

September 28, 2014

FADNYC Top 5: ART BOOK FAIR

Printed Matter presents the ninth annual NY Art Book Fair, from September 26 to 28, 2014, at MoMA PS1, Long Island City, Queens. Free and open to the public, the NY Art Book Fair is the world’s premier event for artists’ books, catalogs, monographs, periodicals, and zines. This year, the fair features over 350 booksellers, [...]

Don’t Miss Your chance to View a Vincent Van Gogh $50million @Sothebys

September 27, 2014

Don’t Miss Your chance to View a Vincent Van Gogh $50million @Sothebys

During the month of October you have the chance to view Vincent van Gogh’s Still Life, Vase with Daisies and Poppies (1890) in Sotheby’s showrooms in London, New York and Hong Kong . It is estimated that the painting could sell for $50 million and the chances are it will be a private collector. So [...]

FILM PREMIERE: ‘MARC QUINN – MAKING WAVES’ @BFI London Film Festival

September 26, 2014

FILM PREMIERE: ‘MARC QUINN – MAKING WAVES’ @BFI London Film Festival

This is an intriguing film, an entertaining insight into the journey of one of the UK’s most collectable artists.

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