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Top 5 Most Expensive Abstract Artworks & Why? — Abstract Art Explained (Part 3)

Masterworks: Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://masterworks.art/contemporarya... Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. How Masterworks works: -Create your account with your traditional bank account -Pick major works of art to invest in or our new blue-chip diversified art portfolio -Identify investment amount -Hold shares in works by Picasso or trade them in our secondary marketplace See important Masterworks disclosures: http://masterworks.com/cd Complete article online: https://www.contemporaryartissue.com/... CAI Patreon:   / contemporaryartissue   In this video series, we will be presenting the most extensive and comprehensive online resource on abstract art. Step by step, we will be answering the most frequently asked questions and offer a clear and concise overview of the history of abstract art. Today, we are tackling an often controversial aspect; expensive abstract art. We will discuss why abstract art can be so expensive, encompassing the top 5 most expensive abstract artists in the world. We have partnered up with Masterworks as the ideal video sponsor for this particular topic and for the many collector-investor subscribers following this channel. 🌟 Overview: Career Advice for Artists → https://www.contemporaryartissue.com/... 🍿 Watch Next (Key Videos for Artists) → Self-Taught Success:    • 6 Steps To Success as a Self-Taught A...   → How To Make Money as an Artist:    • 20 Ways: How To Make Money As An Arti...   → Develop Your Art Style:    • How To Develop A Consistent Art Style...   → The Art World Explained:    • Explained: What is the Art World? — P...   📖 Recommended Books: → Art World & Career Advice: https://amzn.to/46anb09 → How To Become A Successful Artist: https://amzn.to/3YwtjvS → Art History: https://amzn.to/3I0ri5I → Overview of books: https://www.contemporaryartissue.com/... ✏️ Recommended Tools & Ressources: → Squarespace for artist websites: squarespace.syuh.net/9W4rDY → Artenda for art opportunities: https://artenda.net → Artfacts for career rankings: https://artfacts.net/register?ref=596... ❤️ Support us on Patreon: →   / contemporaryartissue   ℹ️ About CAI: CAI is the abbreviation of 'Contemporary Art Issue,' a hybrid platform for contemporary art including: → Online Magazine: https://www.contemporaryartissue.com/... → Advice for Artists: https://www.contemporaryartissue.com/... → CAI Gallery: https://www.contemporaryartissue.com/... → Webshop: https://www.contemporaryartissue.com/... 👨 About the host Julien Delagrange: Julien Delagrange is an art historian, contemporary artist, and the founder and director of CAI. Delagrange studied Science of Arts at Ghent University, Belgium, and worked for the Centre for Fine Arts (BOZAR) in Brussels, the Jan Vercruysse Foundation, the Ghent University Library, and has contributed to the international contemporary art scene as an art critic, lecturer, curator, gallery director, consultant, advisor, and as an artist. As an artist, he is represented by Galerie Sabine Bayasli in Paris, France, and Gallery Space60 in Antwerp, Belgium. 🎯 The mission of the CAI YouTube channel: → To empower artists by providing adequate and industry-approved advice for artists for long-term success in the highest realms of the art world, sharing inside information and proven strategies based on real-life experiences in the art world. → To contribute to the online canonization of recent art history, having its finger at the pulse of contemporary art. 🌐 https://www.contemporaryartissue.com 📧 [email protected] Every effort has been made to trace copyright holders. However, if you feel you have inadvertently been overlooked, please take up contact with Contemporary Art Issue. Table of contents: 00:00 — Introduction 00:31 — Part 1: Why is Abstract Art so Expensive? 01:15 — 1. Art Historical Value 01:50 — 2. Supply vs. Demand 02:14 — 3. Art as Investment 03:00 — Masterworks (Paid Partnership) 04:37 — Part 2: Top 5 Most Expensive Abstract Artworks 04:44 — 5.$85.8 million USD: Suprematist Composition (1916) by Kazimir Malevich 06:04 — 4. $105.7 million USD: Anna’s Light (1968) by Barnett Newman 07:19 — 3. $186 million USD: No. 6 (Violet, Green and Red) (1951) by Mark Rothko 08:41 — 2. $200 million USD: Number 17A (1948) by Jackson Pollock 09:37 — 1. $300 million USD: Interchange (1955) by Willem de Kooning 11:27 — Outro

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