Marie-Therese Walter

A painting of water lilies by French impressionist Claude Monet has sold for $74 million, as part of a lively fall art auction season.

"Le bassin aux nympheas" topped the projected sale price of $65 million when it went under the hammer at Christie's auction house in New York.

A $120 million Picasso, a $40 million Monet and even a $60 million Ferrari: New York's major auction houses are looking to move billions of dollars' worth of art - and a very special car - on a crisis-proof market this season.

A Pablo Picasso masterpiece expected to fetch at least $120 million at auction went on show Sept. 25 in Dubai, kicking off a set of rare viewings outside the United States.

Claude Ruiz Picasso, the younger son of Spanish artist Pablo Picasso, has died in Switzerland aged 76, his lawyer told AFP on Aug. 24.

He did not give the cause of death.

Ruiz Picasso managed the Picasso estate from 1989 to July 2023, when he handed over responsibility to his sister, Paloma.

Picasso had four children.

France's Francoise Gilot, who died on June 6 aged 101, survived what she called the "hell" of being Spanish artist Pablo Picasso's mistress and muse to become a renowned artist in her own right.

The Picasso Museum in Paris confirmed her death to AFP, after the New York Times reported Gilot had passed away following recent heart and lung ailments.

Eleven masterpieces by Pablo Picasso fetched $108.9 million at a Sotheby's auction in Las Vegas on Oct. 23.

The works went under the hammer at the Bellagio hotel and casino, known for its extensive art collection, ahead of what would have been the Spanish painter's 140th birthday.

One of Picasso's daughters has given eight of his artworks and a book of drawings to the French state in lieu of inheritance tax at a ceremony on Sept. 20.

Six paintings and two statues by the Spanish master were handed over to the state-run Picasso Museum in Paris by his daughter Maya Ruiz-Picasso, his daughter by French model Marie-Therese Walter.

Some 11 Picasso paintings and works by the Spanish artist are going up for auction in October as casino and hotel group MGM Resorts seeks to further diversify its vast art collection.

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The auction will take place on Oct. 23 in the Bellagio hotel in Las Vegas, where the works were on display, MGM Resorts and Sotheby's said on Aug. 11.

Pablo Picasso's "Woman Sitting Near a Window (Marie-Therese)" sold on May 13 for $103.4 million at Christie's in New York, the auction house said.

The painting, completed in 1932, was sold after 19 minutes of bidding for $90 million, which rose to $103.4 million when fees and commissions were added, Christie's said.

London saw a new record in art painting sales after a rare portrait by Pablo Picasso was sold for $70 million at Sotheby's auction, London.