Qatar Is Becoming The Art Market’s 800-Pound Gorilla

Those jaw-dropping priices we’ve seen over the past few years? $70 million for a Rothko and $250 million for a Cézanne? “It has become increasingly clear that those masterpieces and many more have been purchased by Qatar, a tiny Persian Gulf country with enormous wealth and cultural ambitions to match: it is buying art at a level never seen before.”