Artists Born in the 1950s Dominate Art Market Rankings

A 2016 Artprice report reveals that artists born in the mid-1950s, including Thomas Schütte (1954), Andreas Gursky (1955), Cindy Sherman (1954), Jeff Koons (1955), Christopher Wool (1955), Anish Kapoor (1954), Cady Noland (1956), and Rudolf Stingel (1956), occupy top positions in the global art market. Schütte and Gursky rank 27th and 26th respectively among the top 30 artists, alongside giants like Jean-Michel Basquiat and Keith Haring. The article, published in Artribune Magazine #30, attributes their success to content trends, a prolific upbringing during the post-war economic boom, and strong support from critics, curators, gallerists, collectors, and museums. Despite the 2008 financial crisis, their auction prices have remained stable or increased, with Stingel's works becoming unaffordable within two decades. The piece questions what the future holds for these artists, noting that the crisis has revived interest in photography and hyperrealism, as seen in Sherman's work.