Showing posts from March, 2008

Gap Founder Don Fisher and Wife Doris will Build Art Museum

One of the country’s foremost collectors of contemporary art, Mr. Fisher, and his wife, Doris, say they're look for a permanent place to put their collection.
The Fishers plan to set up a foundation, which would own the art in perpetuity.
They join a growing number of major art patrons whose collections rival or surpass those of traditional museums. [from nytimes]

Avid Art collector Alice Walton Major Museum

Avid collector, Wal-Mart Alice Walton a project to create a major American art museum in Arkansas.
This project is underway, foundation pouring began in October and it’s bringing a very high quality of art to an undeserved region. It's in northwest Arkansas, home of her late father’s company.
The glass-and-wood design by architect Moshe Safdie will cover 100,000 square feet when the museum opens in 2010.
Crystal Bridges is expected to bring in 250,000 visitors a year.
Abstract RegiaArt?

Beijing Richest Chinese Zhang Xin and Pan Shiyi

#7 Richest Chinese Zhang Xin
Net Worth: $3.8 billion
Age: 42
Company: SOHO China
City: Beijing
Beijing property developer leaps into top 10 thanks to October listing of SOHO China. She and husband, Pan Shiyi, who are SOHO's chief executive and chairman, respectively, are one of China's best-known business couples, renowned for their stylish buildings. Zhang got start at international firms Goldman Sachs, Travelers Group. Zhang Xin 1992 received a master's degree in the University of Cambridge in the United Kingdom.

Pan Shiyi and Zhang Xin has been pushing the architectural envelope in Beijing by hiring high-profile foreign architects to design their apartment buildings.
Visit (paintings above by artist Marinho Regia)

Guggenheim Abu Dhabi Will Have 452,000 sq. feet

Guggenheim mastermind Thomas Krens, discusses his affinity for massive projects in a SPIEGEL interview.

SPIEGEL: Will Abu Dhabi be a new Bilbao, only bigger?
Krens: At 42,000 square meters (452,000 square feet), Abu Dhabi will be substantially larger than Bilbao, and it's also much bigger than what the Louvre has planned for the city. And we cannot afford the convenience, the luxury, of simply copying something we
already have. That would be too easy.
[from SPIEGEL]

British Art Show in Moscow Sponsors by Russian Billionaire

Moscow's Pushkin Museum of Fine Arts and London's Tate Britain signed an agreement Wednesday to hold the first exhibition in Russia of works by William Turner, a famous 19th century British artist. The exhibition planned for November will be entirely financed by Russian billionaire Alisher Usmanov.
In September, he paid over $72 million for the Russian art collection of deceased cellist Mstislav Rostropovich and his wife, soprano Galina Vishnevskaya. Usmanov donated the collection, which contained over 450 pieces from the 18-19th centuries, to the state. read more

Big Portrait of Sergei Lavrov by Marinho Regia

Marinho Regia
Portrait of Sergei Lavrov, 1998/9, acrylic on canvas

It's a huge portrait of Mr. Lavrov created by artist Regia Marinho in 1998/9. He was the Permanent Representative of the Russian Federation at the United Nations in New York at that time. It'll be up for auction this fall. Estimate price: $120,000
Sergei Lavrov News Here
More about the artist at

26 Year Old YANG HUIYAN is China Number One With US$17.5 BILLION

Yang’s personal fortune of US$17.5 billion makes her the first of two Chinese to break through the US$10 billion mark, and the richest women in Asia.
Yang Huiyan is the daugher of a rice farmer turned real estate tycoon. In case you were wondering, she's married!
26-year old Yang Huiyan is on the top spot with 59.5% share of property developer Country Gardens.

Obama and Richardson caught Artist

Picture of today's NYT front page and a portion of a Marinho's drawing.
After 2 cups of coffee at Starbucks...
Obama and Tom Richardson caught RegiaArt drawing.

Similarities between Toyota's Scion Hako and Marinho's Painting

This is a painting created in 2005 by Regia Marinho that was the inspiration for this new car...

New York Auto Show Toyota's Scion brand unveiled a concept car called the Hako.

Art Collector John Korachis, a patron perfect

The successful attorney and art collector John Korachis was raised in Greece.
Like a gallery, Korachis' home is a testimony to the power of art's presence. His homw is filled with a variety of paintings, sculpture, folk art, iconography, pottery and a collection of African art that's been featured in a traveling show that opened at the Midland Center for the Arts, called Spirits, Relics, and Rituals.

Confucius said, "Everything has beauty, but not everyone sees it." For those who do see it, the world is a constant source of astonishment and inspiration.


Barking dog X RegiaArt painting PLUTO


Marie Antoinette Works of Art Show

Before she met her terrible end in the French Revolution, Marie-Antoinette, the wife of Louis XVI, amassed artworks of extraordinary opulence and beauty.
Marie Antoinette is showing at the Galleries Nationales du Grand Palais, Paris from March 15 until June 30.
The exhibition brings together 300 works of art, pieces of furniture, documents and paintings relating to Marie-Antoinette's life.


The Supreme Buddha Wood Sculpture Sold for $14.3 M

A wooden sculpture of the supreme Buddha sold for more than 14.3 million dollars in New York on Tuesday, at Christie's far exceeding pre-sale estimates and setting a new record for a work of Japanese art.

The Supreme Buddha
Attributed to Unkei (d. 1223)
Dainichi Nyorai
Kamakura period, 1190s
Cypress with lacquer, color pigment, gold leaf and crystal
26 in. (66.1 cm.) high
Estimate: $1,500,000-2,000,000

Tiger Woods and Alfred Taubman Hamptons neighbors

Alfred Taubman is a self made rich real estate developer. He is a serious art collector. University of Michigan dropout built shopping center empire, took public via REIT 1992.

Tiger Woods bought this seaside Hampton's mansion, valued at $65 million.
The estate was sold by an Australian-born leveraged buyout specialist, Gerhard Andlinger.
Woods already owns a $40 million estate on Juniper Island, Fla., a 155-foot-long yacht called Privacy and he is building a 16,500-square-foot palace in Dubai.

Pricey Ancient Asian Art Fair in New York

The International Asian Art Fair is open at 583 Park Avenue at 63rd Street, New York through March 19. Asian Art Link

1995 Norship 117 ft World Class Yacht for Sale on eBay

Current bid: US $1,000,101.00
Reserve not met
Item location: FORT LAUDERDALE, fl , United States
History: 89 bids

Victor Pinchuk, a steel billionaire actively acquire contemporary art.

Victor Pinchuk a steel billionaire and founder of the Pinchuk Foundation is one of the few collectors from the former Soviet Union who are actively acquiring contemporary art.

I still love Russian and Ukrainian impressionism and modernism, but my main focus now is contemporary art,'' Pinchuk said in an interview. Well groomed, wearing a suit minus a tie, he speaks fluent English. His passion for art collecting began in the early 1990s with pre-World War II Russian and Ukrainian paintings. He began collecting contemporary art in 2002. [from bloomberg]

Looted Old Master Painting for Sale at Christie's NY

Hercules and Achelous by Cornelis Van Haarlem, a painting that was recently restituted to the current owner from the German government, may fetch up to $2,000,000
It'll be offer during the Christie's New York "Important Old Masters Paintings" sale in New York on April 15. [from bloomberg]

Yellow Ferrari goes with this Painting?


Emperors Club and Contemporary Art

Everybody knows: New York governor Eliot Spitzer has been busted for taking advantage of the pricey services of a call-girl ring called the Emperors Club.
This astonishing revelation, and Spitzer’s subsequent resignation from office, has been headline news for several days.

It turns out the story has a fine art angle.

The company that ran Emperors Club VIP, the Emperors Publishing Media Group, also runs a parallel website titled Emperors Club Contemporary Art (the website remained live). The firm claims to link artists and dealers with "the ultra-affluent market (millionaires and billionaires) and some of the richest people in the world," and give meaning to their super-rich clients’ lives as well. "One of the many ways by which we create and add special value to already extraordinarily affluent lives," the website says, "is by enabling direct access to some of the world’s most captivating, authentic contemporary art available." [more on artnet]
Regia Art…

Oleg Vasiliev Sold for £180,500 before RegiaArt

Oleg Vasiliev (B.1931), Walking Away, Oil on canvas, Painted in 1978. Estimate: £50,000-70,000. Digital Drawing in black and pink by RegiaArt.
Walking Away...but which way???
Walking Away sold for £180,500, over three times its low estimate of £50,000

Sotheby’s London second-ever London sale dedicated to Russian Contemporary Art, today realised £4,101,275 ($8,257,917), a sum which was more than £200,000 over the high estimate (estimate: £2.6-3.8 million) and represents the highest ever total for a various owners sale of Russian Contemporary Art. [from artdaily]

Laurence Graff Passion for Diamonds and Contemporary Art

Laurence Graff, Chairman of Graff Diamonds, is one of the word’s leading diamantaires.
He founded his business in 1960 and it’s now a top global brand, with 26 stores worldwide.

An avid collector of modern and contemporary art, Graff is also a member of the International Director Council of the Guggenheim Museum in New York and a member of the International Director Council of the Tate Modern in London. from business 24 7

Pollock Flame sold for $8M at Tefaf

A Jackson Pollock painting priced at around $8 million became the most expensive work sold so far at Tefaf, the world's largest art and antiques fair, in the Dutch city of Maastricht, which opened on March 7.

Pollock's The Magic Flame, from about 1946, was bought by a European collector from Hauser & Wirth, based in Zurich and London, said Florian Berktold. [from bloomberg]

Joan Mitchell abstraction Sold for $4 M

This week at the TEFAF (The European Fine Art Fair), Hauser & Wirth sold a large, lyrical Joan Mitchell abstraction, “Untitled” (1958)
for $4 million.

TEFAF Art and Antiques Fair Opened

painting by Willem de Kooning, 'Untitled XV' 1986.

A $5 million Willem deKooning painting sold at Tefaf, the world's largest art and antiques fair, in the Dutch city of Maastricht, which opened today.
De Kooning's 1986 abstract ``Untitled'' topped a 1958 painting by fellow American Abstract Expressionist, Joan Mitchell, which went for $4 million, said contemporary-art dealers Hauser & Wirth. Tefaf Maastricht runs from March 7-16. [from bloomberg]

Hind Hariri one of the world's youngest billionaires

Hind Hariri
$1.1 billion
Daughter of late Lebanese Prime Minister Rafik Hariri. Inherited a stake in family's construction, media and banking holdings. At 24, she's now one of the world's youngest billionaires. Recently attended Paris fashion shows and reportedly favors the designer Chanel. [from forbes]
Chanel by artist Marinho Regia.

First lady Svetlana Medvedev Patron of the Arts

A patron of Russian fashion, socialite and supporter of the arts, Svetlana Medvedeva is shaking off her air of mystery as she prepares to become Russia's first lady.

Medvedeva becomes first lady when her husband, Dmitry Medvedev, 42, takes over as president in May following his election victory on Sunday. [from chinadaily]

Russian Foreign Minister Sergei Lavrov, huge painting by R Marinho.

Simon de Pury Art Market from Strength to Strength

Simon de Pury, chairman of the Phillips de Pury auction house, isn’t worried about the recession dampening his art sales.
The art market will only go “from strength to strength", even if the economy slips for a little while.
The market has become broader and more international as the wealthy of China, Russia and the Persian Gulf scour the galleries of New York and London, and the supply, de Pury says, is endlessly regenerative. As collectors snap up today’s gems, there will be less and less of them to go around, so new artists will fill the vacuum and their works will be snapped up, too. Art has become, in de Pury’s vision, a truly renewable resource. [from bigthink blog]

In downturn, investors drawn to art

"The art market did not suffer repercussions when the Internet bubble burst and it is doing extremely well today, even after the credit crunch," Robert Tomei, CEO of Italian fund manager Advanced Capital, who is launching his third art fund.

Tomei's 150 million euro Advanced Capital Art fund, run with art dealer Simon de Pury of Phillips de Pury, will focus on contemporary art, photography and design and hopes to replicate the 20 percent annual returns he achieved with past funds. [from reuters]

New York Plaza Hotel Open after $400 M Restoration

The Fifth Avenue landmark hotel has 282 rooms and suites at prices averaging $1,000 per night and 181 condominium apartments starting at $2.5 million apiece. The hotel is operated by Fairmont Hotels & Resorts.
The Plaza