Artworks are one of the most valuable assets for collectors. The paintings are works of great value sold at very high prices at auctions. While many people want to buy beautiful works of art, only a small amount of works are created annually.
Although prices may vary depending on each work, the world's best painters have sold their paintings for millions of dollars. Here is a list of the 5 richest artists in the world, artists who stand out from the crowd with experimental approaches and unique techniques that have helped them accumulate billions of dollars in goods.
5. Jasper Johns
At the age of 91, Jasper Johns has many awards and an extremely successful career behind him. One of his most famous paintings is the 1983 Flag, which features the US flag painted on fabric. In 2014, at a Sotheby's auction, the work was sold for a whopping $87 million. With an estimated net worth of $300 million, Johns has also received the Presidential freedom Medal and the US National Artist Medal.
4. Jeff Koons
Koons is a big name in the world of art with an asset value of 500 million USD. Koons started his career as a poor, struggling painter but eventually found his motivation through hard work. According to The explorian, his most famous painting is Flying Dog (orange skin), which was auctioned for 58.4 million USD. In 2019, Koons sold another of his works, rabbit, for an astonishing $91 million at a Sothebys auction.
3. Damien Hirst
As a member of the Young British Artists Association since the late 90s, Damien Hirst's career has always been on the path of promotion. His artworks always show interest in popular culture and this is what made him an excellent artist in the industry.
Damien Hirst's installation art often conveys the imagination and the death. No artist in the world can make formaldehyde animals as terrifying and attractive as Hirst. His net worth is estimated at 1 billion USD and his most famous painting is "Spring Flowers" which was sold for 19.2 million USD.
2. Ed Ruscha
Edward Ruscha has sold more than 50 paintings for more than $1 million and earned a net worth of $1.2 billion. He is considered a popular artist because his paintings are heavily inspired by popular culture. Ruscha calls his works visual works because he often uses graphics to create depth in his paintings. Ed Ruscha's most valuable work was sold in 2019 at a Christie's auction for 52.48 million USD, called Text Paintings, according to Artsper.
1. John Currin
A combination of sex and society, John Currin's satire about society is highly appreciated around the world. His works in the interest of the artist's style made him stand out from other artists. His famous works of art are Hot Pants, Honeymoon Nude and Nude On The Table. His unique painting technique has helped him accumulate more than 1.43 billion USD.
