THE ART NEWSPAPER | Clemens Bomsdorf

Gerhard Richter makes Germany’s rich list with estimated fortune of €700m. Anselm Kiefer and Neo Rauch also figure among 1,001 richest people

Three artists—Gerhard Richter, Anselm Kiefer and Neo Rauch—are among a newly published list of the richest 1,001 individuals and families in Germany. With an estimated fortune of €700m, Richter is ranked number 220 by the monthly business publication Manager Magazin. Kiefer and Rauch are both thought to be worth around €100m, which puts them at joint 935 in the rankings, which is made up principally of people from the business world.
When Richter’s painting Abstraktes Bild (1986) sold for more than £30m at Sotheby’s in 2015 he became the world’s most valuable living artist. Shortly afterwards, in an interview with the Die Zeit newspaper, he said that such sums shocked him, and dismissed …read more

Image: Gerhard Richter Photo: Jindřich Nosek