Wednesday, 23 April 2008

Andy, Pablo and Francis

A couple of weeks ago, published its yearly overview of art market trends. It contains interesting insights in the "suicidal competition" in the art market and the remarkable rise of contemporary Chinese art (for example from Zhang Xiaogang and Yue Minjun). Anyway, 2007 might have been the last year without Asian artists in the top-10 of artists based on the total revenue generated by public sales (2006 ranking between brackets):

1 (2) Andy Warhol [422 million USD]
2 (1) Pablo Picasso [320 million USD]
3 (19) Francis Bacon [245 million USD]

4 (79) Mark Rothko
5 (14) Claude Monet
6 (9) Henri Matisse
7 (37) Jean-Michel Basquiat
8 (26) Fernand Léger
9 (6) Marc Chagall
10 (17) Paul Cézanne

Have fallen out of the top-10 this year: Modigliani, De Kooning, Gauguin, Liechtenstein, Schiele and Klimt.

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