Albert Willem, Welcome To The Hotel Villa D'Este, 2023
Main reasons to invest
Return Potential📈: An investment of 500 EUR is projected to be worth approximately 970 EUR in 4 years.
Cost-to-Return Ratio⚖️: With just 2.7% annual total costs (including exit fees), your net profit could be an impressive 18.0% per year.
Auction Prices 🔨: Albert Willem has become a notable figure in the art industry, as his pieces have commanded an average selling price over the past 36 months that surpasses estimates by an impressive 509%.
Description
"Albert Willem is a Belgian artist who started painting at 36 and quickly established himself on lnstagram. His work broke out onto the auction market in May 2022 and rapidly peaked at $213,955 by the end of the Spring. In January 2023, a bidder pushed the artist's record to $295,219 at Sotheby's with The mountain air provided a pleasant atmosphere." - James Kerbey, Expert at Maddox Advisory
Why Albert Willem?
Belgium (1979)
Albert Willem, born in Brussels, is a contemporary figurative artist celebrated for his whimsical and humorous paintings done in a naive style. Despite lacking formal art education, he immersed himself in galleries, museums, and engaged with art through social media. Although he had a talent for drawing as a child, he didn't pick up a pencil again until he was 36, as university and family obligations took precedence. About four years ago, Willem reignited his passion for art when he decided to adorn his home with his own paintings. Rediscovering joy in the process, he has since dedicated all his spare time to his artistic pursuits, describing this resurgence in art as a "midlife crisis."
Artistic Style
Over the years, Willem has experimented with various mediums and techniques, from nail polish to spray paint to textile art. Currently, he primarily uses acrylic paint coated with a high gloss varnish for vibrant hues. While most of his pieces are on canvas, he also utilizes cardboard from online purchases as an alternative canvas. His artistic process is rapid, often completing artworks within 48 hours.
About His Artworks
Willem's paintings are characterized by their simplicity, rawness, and sometimes an intentionally unfinished quality. They boldly display his technical skill at a basic level while capturing the uninhibited energy of an amateur free from traditional constraints. His works depict everyday life in a light-hearted yet ironic manner, often avoiding complex themes. Using humor, he addresses both past and present anxieties, such as his fear of dance floors. Influenced by artists like LS Lowry, James Ensor, and Breugel the Elder, Willem adds a contemporary twist while retaining elements of normalcy and primitivism. His artworks have been showcased in Germany, Russia, and Belgium.
The Infinite Conga
In January 2021, Willem initiated a project called the 'never-ending conga line'. He creates an uninterrupted line of dancing figures on multiple pieces of cardboard, continuously extending the line by adding more dancers on subsequent pieces. This artwork can be divided for purchase, enabling buyers to collectively own segments of the dance and share in the art experience.
Rising Star
Willem credits much of his artistic development to social media, where he spends at least two hours daily learning from fellow artists. His art evolves continuously as he experiments with different styles, themes, and techniques. His rapid ascent to fame has surprised even himself, with his artworks consistently surpassing auction estimates by a factor of 10 or more. Particularly noteworthy is his piece Snowbound (2021), which sold for an astonishing $225,000 at Sotheby’s Hong Kong, far exceeding its estimate of $13,000 to $19,000. Out of the 14 works sold at auction in 2022, half fetched over $150,000 despite conservative estimates.
Expert
The art investment advisors of Maddox bring together years of specialist knowledge and practical experience with objective market analysis to offer their clients quality advice and consistent returns.
