Billionaire Roman Abramovich has purchased a collection of works by Ilya Kabakov, Russia’s most expensive living artist.  The collection of over 40 works ranges from early installations and albums to paintings, and is estimated to have totaled over $60 million.  “It’s one of the largest Kabakov collections in the world,” said Emilia Kabakov, the artist’s wife and collaborator since 1989. (more…)