Displaying items by tag: roman abramovich

Russian socialite and art collector Dasha Zhukova announced that the new Garage Museum of Contemporary Art will open in Moscow in June 2015. The Garage, which was founded in 2008 by Zhukova and her billionaire boyfriend Roman Abramovich, is currently located in a temporary, Shigeru Ban-designed building in Gorky Park. The institution features an extensive program of exhibitions, events, education, research, and publishing that focuses on current developments in Russian and international culture, creating opportunities for public dialogue, as well as the production of new work and ideas in Moscow. The museum’s collection is the first archive in the country related to the development of Russian contemporary art from the 1950s through the present.

The new space, which is in the same neighborhood as the museum’s current location, is being designed by the Dutch architect Rem Koolhaas and his firm Office for Metropolitan Architecture (OMA).

After losing a major court case, Russian oligarch Boris Berezovsky will sell a limited edition print of former Soviet Union leader Vladimir Lenin by Andy Warhol (1928-1987). Berezovsky hopes that the sale of Red Lenin (1987) will help him pay off legal bills stemming from the failed court case.

In 2011, Berezovsky brought a civil case in the UK High Court against Roman Abramovich, the owner of the Chelsea Football Club. Berezovsky was a former business associate of Abramovich’s and helped him acquire control of the Russian oil company, Sibneft, in the 1990s. Berezovsky accused Abramovich of blackmail, breach of trust, and breach of contract and claimed that he was threated and intimidated to sell his stake in Sibneft in 2011 for less than its actual value. Berezovsky was seeking $4.5 billion in damages.

Red Lenin will be sold as part of Christie’s Old Master, Modern & Contemporary Prints auction on March 20, 2013 in London. The brightly colored screen print is expected to garner $45,000 to $75,500.