Russian art boom triggered by new wealth

 Russian art boom: Southeby’s auction house sold nearly $1bn of Russian art between 2003 and 2013 – almost 10 times the amount it managed in the previous decade – while  Russian art sales at both Christie’s and MacDougall’s have been growing at an annual rate of 35% and 24% respectively over the same period. The Russian art boom is down to the proliferation of new wealth in the country, according to Russian art expert William MacDougall. rbth