- Hauser & Wirth sold Gerhard Richter’s Abstraktes Bild (1987) for $23 million.
- PACE Gallery placed Amedeo Modigliani’s Young Woman with Hair in Side Buns (1918) for just under $10 million.
- A Ruth Asawa sculpture sold at David Zwirner gallery for $7.5 million.
- Goodman Gallery sold two William Kentridge works to two separate museums: a film to the Louisiana Museum of Modern Art in Denmark for $450,000, and a drawing to an unnamed US museum for $550,000.
One of Europe’s most influential dealers, Thaddaeus Ropac, admitted that Paris now surpasses Basel in importance. “As a German speaker, it pains me to say this, but the Paris fair has become the main event this year. What sets it apart is that the collectors themselves are present—not just their advisors. In the end, they make the decisions. It’s not only a matter of calculation, but the power of art.”
Beyond the main fair, Art Basel Paris activated the city with a dynamic public program. Paris became an extension of the exhibition halls: Wang Keping’s Découverte (2022) appeared along Avenue Winston Churchill; Alex Da Corte’s Kermit the Frog performance took over Place Vendôme; and Harry Nuriev presented Objets trouvés at the Paris Salon des Beaux-Arts, in the Chapelle des Petits-Augustins.
Coinciding with the fair, the Fondation Louis Vuitton opened a major Gerhard Richter retrospective, further amplifying demand for his work at Art Basel Paris. Richter featured prominently across the booths of Hauser & Wirth, David Zwirner, and Zander Gallery.
Today, Art Basel is not just a leading art-world event but a global platform that actively shapes the art market. Since the first fair in Basel in 1970, the project has expanded into a worldwide network, with editions in Miami Beach (since 2002), Hong Kong (since 2013), and Paris (since 2022).
It has already been announced that Art Basel will debut in Doha, Qatar, in February next year. As Noah Horowitz explains, the brand’s geographic expansion is driven not by saturation, but by evolution: “We’re not merely exporting a cultural platform—we’re building something new with our partners, something that reflects the local cultural ecosystem while amplifying it through Art Basel’s global network.”