Luxury Roundtable
Comment

Art and auctions

Five artists account for one-third of all $1 million-plus art sales over past 5 years: report

December 21, 2023

Mark Bradford is one of the top 50 artists whose work sold for more than $1 million earlier this year in auctions. Image: Sotheby's Mark Bradford is one of the top 50 artists whose work sold for more than $1 million earlier this year in auctions. Image: Sotheby's

 

By Luxury Roundtable Intelligence

Pablo Picasso, Claude Monet, Andy Warhol, Jean-Michel Basquiat and Gerhard Richter topped the list of the most popular artists at auction – those with an average of five $1 million-plus artworks sold per year between 2018 and 2022.

This content is accessible only to members of Luxury Roundtable. We would love for you to become a member and enjoy the many benefits soon after. Please click here to enroll as a member of Luxury Roundtable. Already a member?
 
NEW INTELLIGENCE

MOST READ
  1. Last chance to register for Luxury Real Estate and Design Summit New York 
  2. Global luxury spending to stay flat at $1.66 trillion in 2025 as shopper base shrinks 
  3. Why luxury brands must combine online media with offline channels for affluent consumer attention 
  4. What does it take to be a CMO of the future?
  5. Why licensing in luxury and fashion maintains its allure 
  6. Luxury in China: Turning the corner or still in the tunnel? 
  7. How luxury brands should retain the attention of Very Important Clients and One-Percenters in China and elsewhere 
  8. How accessible luxury brands can leverage new loyalty strategies without eroding brand equity 
  9. Luxury entering normalization phase, not downturn: report 
  10. India report: Why global brands are betting big on the country’s emerging elite 


MORE IN Art and auctions
How should global luxury firms navigate a destabilized Middle East?
March 4, 2026
Art collector community globally growing younger, more diverse, female-influenced and confident
November 18, 2025
29th Annual American Art Conference to open May 8-9 with ‘Crafting the Dream’ theme
May 1, 2025
Global billionaire population: India up, China down, US top
December 2, 2024
Global luxury to post flat growth at $1.6 trillion for 2024, sheds 50M customers in 2 years
November 13, 2024
Global luxury spending, at $1.6 trillion, is flat for 2024 as 50M customers leave market and top customers question exclusivity value prop
November 13, 2024



RECENT INTELLIGENCE
Last chance to register for Luxury Real Estate and Design Summit New York
October 12, 2026
Photos from the Luxury Commercial Real Estate Summit 2026
September 22, 2026
Announcing the 3rd annual Luxury Real Estate and Design Summit Oct. 14 in New York
September 21, 2026

2 weeks left! Register now for the Luxury Commercial Real Estate Summit NYC
September 1, 2026
3 weeks left for luxury’s No. 1 conference for retail, office and mixed use
August 25, 2026
Meet our Sept. 16 summit speakers who shape America’s skyline
August 4, 2026