The Great Estate Rush That Is Reshaping the Art Market

Editor’s Note: This story originally appeared in On Balance, the ARTnews newsletter about the art market and beyond. Sign up here to receive it every Wednesday.PPaul Allen, S.I. Newhouse, Robert Mnuchin, Marian Goodman, Leonard Lauder, Barbara Gladstone: the list of collectors whose art has arrived at auction over the past two years reads like the society pages of decades past. Some died; others have merely reached an age when keeping several hundred million d