Art Industry News: Elon Musk had an affair with the wife of a Google co-founder at Art Basel Miami Beach last December + Other Stories
Art Industry News is a daily summary of the most important developments in the art world and the art market. Here’s what you need to know on Monday, July 25.
NEED TO READ
The story of the “discovery” of the works of art by the director of the Orlando museum – It turns out Aaron De Groft, who was fired from the Orlando Museum of Art for hosting an exhibition of alleged fake Basquiats, has a long history of searching for “lost” masterpieces. As director of the Muscarelle Museum of Art, he oversaw acquisitions of mundane paintings from the 16th to 19th centuries that were later reassigned to famous European artists. He also planned to show a disputed Pollock in Orlando. (Observer)
Inside Beeple’s New $10 Million Studio – Digital artist Beeple (aka Mike Winkelmann) guest New York magazine at Space, his mad scientist lab in South Carolina. The artist hatches his transition from the NFT world to the traditional art market. The space includes a huge hangar where Beeple wants to mount immersive art installations and prepares more hybrid sculptural works like his NFT sculpture A human. (Vulture)
Elon Musk had an affair at Art Basel – When the gossip heard around the world has an artistic angle, a special siren goes off here at Artnet Headquarters. This siren went off yesterday, when the the wall street journal reported that Elon Musk and Google co-founder Sergey Brin’s friendship ended after the tech billionaire had an affair with Brin’s wife, Nicole Shanahan, in December, to none other than Art Basel Miami Beach. (Brin and Shanahan are now divorcing.) Musk has denied the allegations. (the wall street journal)
Follow Tom Sachs – Andrew Russeth accompanies multi-hyphenate artist Tom Sachs on a recent visit to Seoul, where the artist is presenting three solo exhibitions. Sachs, whose work plays with childlike fantasy and consumerism, has wholeheartedly embraced the commercialism of the NFT space. “I believe the smart contract – or Web3 – is really about money, and it’s about, if everyone is an artist, and that includes bankers, it’s the art of faith” , did he declare. (New York Times)
MOVERS AND SHAKERS
Pace to represent Virginia Jaramillo – The pioneering abstract painter is now one of the few American-born Latino artists to be represented by a mega-gallery. Pace will present his work at Frieze Seoul in September and in a solo exhibition at his Los Angeles gallery in May 2023. Jaramillo will continue to work with Hales Gallery. (ART news)
Perry Rubenstein dealer dies aged 68 – New York and Los Angeles art dealer Perry Rubenstein, who rose to prominence in the 1980s, has died aged 68. He was convicted of two counts of embezzlement in 2017 and spent six months in prison. His estranged wife, public relations executive Sara Fitzmaurice, said he died of natural causes. (ART news, New York Times)
Shakespeare’s first folio sells for $2.4 million – A copy of Shakespeare’s First Folio sold for $2.4 million at Sotheby’s New York last week, within its $1.5-2.5 million estimate. It is one of 232 surviving copies of the important text, which includes manuscripts for 36 of the playwright’s plays. (BBC)
Climate activists stuck to a Botticelli – Climate activists glued their palms to the glass protecting the famous painting by Sandro Botticelli The Primavera in Florence. The group Ultimate Generation (The Last Generation) was inspired by the antics of UK activist team Just Stop Oil. The Italian press reported that the painting suffered no damage. (Guardian)
Follow Artnet News on Facebook:
Want to stay one step ahead of the art world? Subscribe to our newsletter to receive breaking news, revealing interviews and incisive reviews that move the conversation forward.