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☆ I'm American and traveled to Europe for a month. I love how I can take my kids out for dinner late and no one bats an eye.
▼ + stars: | 2024-09-21 | by ( Jamie Davis Smith | ) www.businessinsider.com time to read: +5 min

As a citizen of three countries, the United States, Poland, and Portugal, I am acutely aware of cultural differences. My children and I live in the United States but have visited Europe several times. Children often get free admission to museumsIn the United States, visiting a museum, aquarium or zoo can easily cost more than $100. In Europe, children often receive free admission to museums or have to pay a nominal fee equivalent to a few dollars. In Europe, I found that there are often great fares for families traveling together by train or substantial discounts for children.

Persons: Austria I, Gustav Klimt's, I've Organizations: Service, Business, Amtrak Locations: United States, Poland, Portugal, Europe, Vienna, Austria, Washington, New York City, Rome, Venice, London, Krakow

☆ Ballet-inspired double skyscraper design tricks the eye
▼ + stars: | 2024-07-22 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +4 min

These were two of the visual cues for Bond Tower, a 50-story residential building and hotel that seems to trick the eye. Designed by Portuguese architecture firm OODA, the skyscraper will feature two connected structures that gently separate before rejoining one other, giving it a warped effect. Bond Tower was designed by the firm OODA, which has three more projects underway in the city. This month, OODA will break ground on a greenery filled residential tower called Hora Vertikale that was designed as a “vertical village,” according to the firm. On the avenue where Bond Tower will rise, Brito expects that OODA’s design will soon be joined by other high-rise companions.

Persons: Diogo Brito, it’s, ” Brito, Heinz, Peter Bader, Gustav Klimt’s, OODA, Brito, ”, Spain’s Bofill, “ Organizations: CNN, Bond, Territorial Council, Tirana, Digest Locations: Albania’s, Tirana, OODA, Albanian, ”, Albania

☆ Check out some of the art masterpieces in the record $300 million gift to a US university
▼ + stars: | 2024-03-16 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

An art collector donated the largest art gift ever to a US university, Seattle University said. Property developer Richard Hedreen donated a $300 million collection to the university. AdvertisementAn art collector has made the largest-ever art donation to a US university, Seattle University said in a press release earlier this week. Richard Hedreen gifted the private Jesuit university more than 200 works worth a total of $300 million to create the Seattle University Museum of Art. "My wife, Betty, attended Seattle University, and I am giving the collection to the university in her honor," Hedreen said.

Persons: Richard Hedreen, Roy Lichtenstein, —, Betty, Hedreen, Elizabeth, Seattle University Hedreen, Rashid Johnson seascape, Andy Warhol, Willem de Kooning, Lucien Freud, Dick, Betty Hedreen, Patrick J, Callans, Eduardo Peñalver, Giovanni TOSCANI, Amy Sherald, Pablo Picasso's, Gustav Klimt's, Fächer Organizations: Seattle University, Service, Jesuit, Seattle University Museum of Art, Roy Lichtenstein Seattle University, Trustees, Giovanni TOSCANI Seattle, Seattle University's Jesuit, Financial Times, Amy Sherald Seattle University Locations: Seattle

☆ A Gustav Klimt painting valued at up to $54 million was rediscovered after being missing for nearly a century
▼ + stars: | 2024-01-26 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

Gustav Klimt's painting "Portrait of Fräulein Lieser" was rediscovered after nearly 100 years. The painting is set to be auctioned in April and is valued at up to $54 million. AdvertisementA long-lost painting by the Austrian modernist Gustav Klimt has been rediscovered after nearly a century. Related storiesAfter being exhibited globally, the portrait will be auctioned in Vienna in April, with an estimated value of up to €50 million, or around $54 million, the auction house said. According to the auction house, the painting appears to have been acquired by "a legal predecessor of the consignor in the 1960s and passed to the current owner in three inheritances."

Persons: Gustav Klimt's, —, Gustav Klimt, Klimt, It's, Adolf, Henriette Lieser, Klimt's Organizations: Service, Observer, Washington, Nazi Locations: Austrian, Vienna, Austria, Europe

LONDON, June 27 (Reuters) - A portrait of an unnamed woman by Austrian artist Gustav Klimt sold for 85.3 million pounds ($108.4 million) on Tuesday, setting a new record price for any work of art sold at an auction in Europe, London-based auction house Sotheby's said. The fall of the hammer at 74 million pounds broke the tension, triggering a collective exhalation in the room and a round of applause. The painting sold to a Hong Kong-based art advisory firm, bidding on behalf of a collector based there. It is now the most expensive Klimt artwork sold at auction anywhere in the world. It was last offered for sale nearly 30 years ago, when it was acquired by the family of the present owner for $11.6 million, according to the auction house.

Persons: Gustav Klimt, Sotheby's, Helena Newman, Newman, Claude Monet's, Alberto Giacometti's, Farouq Suleiman, Marie, Louise Gumuchian, Rosalba O'Brien Organizations: Thomson Locations: Austrian, Europe, London, Hong Kong

☆ Klimt portrait 'Lady with a Fan' headed to auction with $80 million price tag
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +1 min

LONDON, June 23 (Reuters) - The last-ever portrait Austrian artist Gustav Klimt painted before he died is headed for auction next week, with a price estimate of $80 million. "Dame mit Fächer" ("Lady with a Fan") - a portrait of an unnamed woman - was still on an easel in Klimt's studio when the painter died in February 1918. It leads Sotheby's Modern & Contemporary Evening Auction on June 27 in London, with a price estimate of around 65 million pounds ($80 million). That price tag makes it "the most valuable ever to have been offered at auction in Europe," according to Sotheby's. "It’s very rare for a Klimt painting of this quality and caliber of a portrait of a woman to come to auction."

Persons: Gustav Klimt, Klimt, Helena Newman, Lucian Freud’s, Penelope Cuthbertson, Leonor Fini, Alberto Giacometti, Buste, Diego, Will Russell, Marie, Louise Gumuchian, Matthew Lewis Organizations: Sotheby’s, Reuters, Thomson Locations: London, Europe, Asia, Sotheby’s Europe

☆ Klimt’s ‘last masterpiece’ sells for record-breaking $108.4 million
▼ + stars: | 2023-06-14 | by ( Oscar Holland | Jacquelyn Palumbo | ) edition.cnn.com time to read: +5 min

“Dame mit Fächer” was one of two paintings found at the Austrian artist’s studio upon his death in 1918, according to Sotheby’s. A work the artist had started a year prior, in 1917, “Dame mit Fächer” is rendered in Klimt’s characteristically rich, expressive style. "Dame mit Fächer" (right) pictured in Klimt's Vienna studio in 1918. "Dame mit Fächer" became Klimt's highest-selling artwork at auction. Klimt’s “Portrait of Adele Bloch-Bauer I” was meanwhile bought by US businessman Ronald Lauder for a reported $135 million in 2006.

Persons: Gustav Klimt, Fächer ”, Klimt, Paul G, Allen, “, —, Sotheby’s, Thomas Boyd Bowman, ”, De Agostini, Helena Newman, Newman, Erwin Böhle, Rudolf Leopold, Dmitry Rybolovlev, Yves Bouvier, Adele Bloch, Bauer, Ronald Lauder, Oprah Winfrey, Alberto Giacometti, Edvard Munch Organizations: CNN, Microsoft, Austrian, De Agostini Editorial, Financial Times, Bloomberg, UBS, Art Locations: London, Birch, Hong Kong, Klimt's Vienna, Viennese, Sotheby’s, Austrian, Covid

☆ Klimt’s ‘last masterpiece’ poised to fetch $80 million at Sotheby’s auction
▼ + stars: | 2023-06-14 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

Depicting an unidentified female subject, “Dame mit Fächer” (Lady with a Fan) was one of two paintings found at the Austrian artist’s studio upon his death in 1918, according to Sotheby’s auction house. Started in 1917, “Dame mit Fächer” is rendered in Klimt’s characteristically rich, expressive style. Sotheby's said it expects the painting the fetch "in the region of" $80 million when it goes under the hammer this month. Klimt’s “Portrait of Adele Bloch-Bauer I” was meanwhile bought by US businessman Ronald Lauder for a reported $135 million in 2006. “Dame mit Fächer” is the star lot in Sotheby’s modern and contemporary art summer auction, which takes place on June 27.

Persons: Gustav Klimt, Fächer ”, Sotheby’s, Thomas Boyd Bowman, ”, “, —, De Agostini, Klimt, Helena Newman, Newman, Erwin Böhle, Rudolf Leopold, Sotheby's, Paul G, Allen, Dmitry Rybolovlev, Yves Bouvier, Adele Bloch, Bauer, Ronald Lauder, Oprah Winfrey, Alberto Giacometti, Edvard Munch Organizations: CNN, Austrian, De Agostini Editorial, “, Microsoft, Financial Times, Bloomberg, UBS, Art Locations: London, Klimt's Vienna, Viennese, Sotheby’s, Austrian, “ Birch, Covid

☆ Vienna 'few degrees' exhibit tilts paintings to call for climate action
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +2 min

VIENNA, March 22 (Reuters) - A Vienna museum where climate activists recently attacked the glass screen shielding a Gustav Klimt painting has responded with an exhibit entitled 'A Few Degrees More' that tilts works to draw attention to the need for action on climate change. [1/5] A visitor of the Leopold museum looks at the painting " A boy at the spring " by Albin Egger Lienz after the museum tilted 15 of its paintings in protest of climate change in Vienna, Austria, March 22, 2023. REUTERS/Leonhard Foeger 1 2 3 4 5It involves hanging 15 works by artists including Klimt and fellow Austrian great Egon Schiele at an angle, with texts calling attention to the effect that global warming of more than 1.5 degrees Celsius (2.7 Fahrenheit) from pre-industrial levels would have on the landscapes depicted in them. According to the United Nations' Intergovernmental Panel on Climate Change (IPCC), emissions must be halved by the mid-2030s if the world is to have any chance of limiting the temperature rise to 1.5 degrees Celsius above pre-industrial levels - a key target enshrined in the 2015 Paris Agreement. Reporting by Leonhard Foeger Writing by Francois Murphy Editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Many in the art and insurance world, however, say it may be only be a matter of time before art works are vandalised, especially if protests spread beyond climate activism. The art insurance market globally earns around $750 million in premiums. PRESSURE ON PREMIUMSLosses and levels of insurance availability tend to dictate insurance premiums. Commercial museums and galleries, however, buy art insurance, and its use is also more prevalent among larger museums in the United States than in Europe. While five insurers contacted by Reuters said they were not yet factoring climate attacks into premiums, some artists say they already face increased costs.

☆ Climate activists attack glass screen protecting Klimt painting in Vienna
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +2 min

[1/4] Gustav Klimt's painting "Tod und Leben" is seen after activists of Last Generation Austria (Letzte Generation Oesterreich) spilled oil on it in Leopold museum in Vienna, Austria, November 15, 2022. Letzte Generation Oesterreich/Handout via REUTERSVIENNA, Nov 15 (Reuters) - Climate-change activists on Tuesday smeared and glued one of their hands to a glass screen protecting a Gustav Klimt painting in a Vienna museum to protest against oil drilling, on a day when entry was free thanks to an oil firm's sponsorship. One of Last Generation Austria's tweets said: "New drilling for oil and gas is a death sentence for humanity." Nonetheless we are shocked that the Leopold Museum was in focus here," the museum's museological director, Hans-Peter Wipplinger, told a news conference. While the museum sympathised with the activists' cause, it disagreed with the means employed, Wipplinger said.

☆ Climate activists throw black, oily liquid at Klimt painting in Vienna
▼ + stars: | 2022-11-15 | by ( ) www.cnbc.com time to read: +3 min

Gustav Klimt's painting "Tod und Leben" is seen after activists of Last Generation Austria (Letzte Generation Oesterreich) spilled oil on it in Leopold museum in Vienna, Austria, November 15, 2022. Climate activists in Austria on Tuesday attacked a famous painting by artist Gustav Klimt with a black, oily liquid and one then glued himself to glass protecting the painting's frame. After the attack, police arrived at the museum and the black liquid was quickly cleaned off the glass protecting the painting, Austria Press Agency reported. It's one of the latest pieces of art to be targeted by climate activists to draw attention to global warming. The British group Just Stop Oil threw tomato soup at Vincent van Gogh's "Sunflowers" in London's National Gallery last month.

☆ An auction of 60 works from the late Microsoft co-founder Paul Allen's art collection smashes records by raising $1.5 billion
▼ + stars: | 2022-11-10 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +3 min

An auction of late Microsoft co-founder Paul Allen's art collection raised just over $1.5 billion. The Christie's auction has set a new record as the biggest art sale in history. The most expensive work was Georges Seurat's "Les Poseuses, Ensemble (Petite version)", which fetched $149.2 million. This painting, which depicts three nude women, is considered a pioneering work of Seurat's signature style of Pointillism. A total of five pieces went for more than $100 million each at the auction in New York on Wednesday night.

☆ Microsoft co-founder Paul Allen's art collection tops $1.5 billion at auction
▼ + stars: | 2022-11-10 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

Christie's sold 60 works from the Paul G. Allen Collection for over $1.5 billion Wednesday night, as wealthy collectors around the world shrugged off economic and crypto worries to invest in trophy artworks. Several works sold for three or four times their estimates, with several artists setting new records at auction, including Vincent van Gogh, Edward Steichen and Gustav Klimt. The sales total of $1.506 billion shattered the previous record for the most expensive collection ever auctioned, set by the Harry and Linda Macklowe collection auctioned at Sotheby's for $922 million. The sales total for the Allen collection will soar even higher Thursday morning, when another 95 lots head to auction. The collection of Paul Allen, the late co-founder of Microsoft, was a treasure trove of masterpieces spanning 500 years.

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