Fashion brand Chanel has announced the ten artists who have been awarded the third iteration its biennial Next Prize, one of most lucrative art awards.
Artists Álvaro Urbano, Andrea Peña, Ayoung Kim, Bárbara Sánchez-Kane, Emeka Ogboh, Pan Daijing and Pol Taburet will each receive $100,000 (£74,500). They are joined by jazz trumpeter Ambrose Akinmusire, filmmaker Payal Kapadia and dancer Marco Da Silva Ferreira.
‘The artists are free to use the money as they wish. There are no restrictions. The idea is to give the recipients resources, time and space to extend their practice and relationships with their peers,’ said Yana Peel, president of arts, culture and heritage at Chanel.
The individual awardees will, however, as in previous years, be introduced and invited on a series of group outings, starting with a trip to the opening of the Venice Biennale. ‘I take direction from the avant-garde spirit of Gabrielle Chanel, who worked with [Sergei] Diaghilev and [Pablo] Picasso, and believed in a non-hierarchical view of art practice,’ Peel added.
2026’s cohort was chosen by Peel; Alvin Li, a curator of international art at London’s Tate Modern; Ben Roberts, the chief executive of the British Film Institute; the curator Hans Ulrich Obrist; the artist Cao Fei and the actor Tilda Swinton .
