Art Industry News: 14-Year-Old Painter Selling Works For $150,000 Isn’t Sure If All This Art Is For Him + 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 this Thursday, April 7.

NEED TO READ

The Helen Frankenthaler Foundation pledges $2.5 million to Ukrainian artists – The New York-based foundation will allocate the money to international organizations working to protect artists at risk and cultural heritage in Ukraine. The foundation will team up with PEN America and the World Monuments Fund to identify those most in need of funds. (ART news)

FotoFocus will open the new Ohio Arts Center – The photography biennial will open a year-round center in a new two-story building in Cincinnati’s historic Over-the-Rhine neighborhood. The 14,700 square foot space, which will house exhibitions, screenings and public programs related to photography, is slated to open in 2024. (art forum)

14-year-old’s painting exhibition is making waves in London Vietnamese art prodigy Xeo Chu, whose colorful paintings with price tags of up to $150,000 have been compared to those of Jackson Pollock, is making his London debut with the exhibition ‘Big World Seen From Little Eyes” at D Contemporary. Although he has sold both physical works and NFTs around the world and has been successful in raising money for charity, the 14-year-old is not sure if he wants to become a painter when he will be big. “I’m just a child,” he said. “Who knows if I will paint again?” (Guardian)

by Rodin Thinker Direction Christie’s – A posthumous casting of The Thinker, Auguste Rodin’s most famous sculpture, will go to Christie’s Paris on June 30. The work is estimated between 9 and 14 million euros (9.8 to 15.3 million dollars). This is the first batch of a larger sale devoted to a Parisian collection of 238 pieces, including works by Marc Chagall and Yves Klein, which is expected to fetch up to 40 million euros ($43.7 million ). (The arts journal)

MOVERS AND SHAKERS

Veronica Roberts will lead the Cantor Arts Center – The curator of modern and contemporary art at the Blanton Museum of Art at the University of Texas at Austin will begin her new role at Stanford University’s Cantor Arts Center on July 5. His predecessor, Susan Dackerman, resigned after an investigation into complaints about a toxic workplace. . (Press release)

Mendes Wood DM arrives in Tribeca – The Brazilian gallery joins the influx of art dealers in Tribeca. He will open his new exhibition space at 47 Walker Street with a solo presentation of the work of Brazilian artist Paulo Nazareth from May 6 to June 10. Menes Wood previously operated a smaller space on the Upper East Side. (Press release)

Helena Anrather will open a new space – In other New York gallery news, the beloved Chinatown gallery is moving to a new location at 132 Bowery in Lower Manhattan, which will debut April 16 with a solo presentation by the Pictures artist. Generation Julia Wachtel, which has been added to the gallery list. (Press release)

Art Basel’s Paris+ gets its first satellite fair – Asia Now, a fair dedicated to Western and Central Asian art, will present its eighth edition from October 21 to 23, with a preview on October 20, at La Monnaie in Paris. It coincides with the new Paris+ by Art Basel. (Press release)

FOR ART

Ikea and H&M launch “Ideas Factory” in London – The two world-renowned Swedish retailers are forming a joint venture called Atelier 100. The project, which opens in London’s Hammersmith in May, asks creatives and producers to submit project ideas in the fields of art, fashion and music. Successful applicants will receive funding of up to £10,000 ($13,084) to turn their ideas into marketable products. (Guardian)

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James C. Tibbs