Unicorn Art ClubUnicorn Art Club / All 30 artists
René Magritte
1898-1967 · Surrealism
The club deal
- Status
- Fundraising open
- Minimum per member
- USD 100,000 (US residents: USD 200,000 individuals, USD 1,000,000 entities)
- Fundraising target
- 8,000,000 USD
- Selection window
- 12 months, with return of the capital if no suitable work is found
- Vehicle
- a dedicated SPV for this artist
- Expected exit
- between 3 and 7 years, through auction or private sale
How the club deal for each artist works · Costs
If no suitable work is found within 12 months, the capital paid in is returned.
Price range of the works the club looks for
from 1,000,000 to 20,000,000 USD (1-20 million for major paintings, over 100 million for iconic works)
Market liquidity: high
Biography
René Magritte was the leading Belgian Surrealist, known for deadpan images that question the relation between objects, words and representation: the pipe that is not a pipe, men in bowler hats, skies of daylight above night streets. Working mostly in Brussels, he built a cool, illustrative style that later fed into Pop and conceptual art. His market has risen sharply in the last decade. In November 2024 L'empire des lumières (1954) sold for 121.2 million dollars at Christie's New York, a record for the artist and for any Surrealist work, and in 2025 two more paintings passed 12 million dollars. Iconic subjects from his recurring series are the most liquid and most expensive part of the market.
Auction record
121,160,000 USD: L'empire des lumières, 1954, Christie's, New York, 2024-11-19 (source)
Recent auction results
- 12,340,000 USD: Le Jockey perdu, Sotheby's, New York, 2025-11-20 (source)
- 12,360,000 USD: La magie noire, Sotheby's, Paris, 2025-10-24 (source)
- 1,110,000 USD: La malédiction, Sotheby's, Paris, 2025-10-24 (source)
- 121,160,000 USD: L'empire des lumières, Christie's, New York, 2024-11-19 (source)
Market data: public auction results with date, auction house and source, the same data as Unicorn Art Watch.
Museums
- Musée Magritte Museum (Musées royaux des Beaux-Arts de Belgique), Bruxelles
- Museum of Modern Art, New York
- Los Angeles County Museum of Art
- The Menil Collection, Houston
- Peggy Guggenheim Collection, Venezia
Sources
- Artnet News, Magritte record at Christie's
- HENI News, Sotheby's Surrealism and Its Legacy, Paris October 2025
- HENI News, Sotheby's Modern Evening Auction November 2025
- Brussels Times, Magritte record
Prices and news on Unicorn Art Watch · Guides on investing in art on Unicorn Private Research
Risk: Investing involves the risk of losing capital.