$1 Million Inaugural Art Prize Goes to Artist Doris Salcedo
Fine Art

$1 Million Inaugural Art Prize Goes to Artist Doris Salcedo

Doris Salcedo (courtesy of the Solomon R. Guggenheim Museum) Columbian artist Doris Salcedo is the winner of the inaugural Numera Art Award , the largest prize in the art world today. The artist will walk home with an astonishing $1 million in cash. The winner was announced today, October 31, at a gala dinner in Shanghai. The immense prize is given by Nomura Holdings Inc., a financial services company based in Japan, which announced in March of this year that it will be awarding the $1 million on an annual basis. The award is given to one artist every year to be used “in whole or in part” to support an ambitious new project that the winner did not previously have the means to realize. This year’s award was juried by a lineup of art world heavyweights: Max Hollein, director of the Metropolitan Museum of Art in New York; Kathy Halbreich, executive director of the Robert Rauschenberg Foundation; Nicholas Serota, chair of the Arts Council England; Yuko Hasegawa, artistic director of the Museum of Contemporary Art in Tokyo; Allan Schwartzman, co-leader of the Fine Art Division of Sotheby’s; and Doryun Chong, a chief curator at M+ in Hong Kong. […]

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