May 11 - One canvas, "Version O", the final painting from a series of fifteen paintings and numerous drawings entitled Les Femmes d'AlgerbyPablo Picasso created after the death of his friend and contemporary Henri Matisse sells for $179.4 million U.S (with fees) at Christie'sinNew York City thus establishing a new record for the highest price ever paid at auction for a work of art.[5] At the same sale "Pointing Man", a work by the Swiss artist Alberto Giacometti sells for $141.3 million U.S., making it the highest price ever paid for a sculpture at auction.[6][7]
October 2 - La Artcore Gallery in Los Angeles, US, presents "Excessivist Initiative", an exhibition that marks the beginning of the Excessivism movement in art. [9]
December 6 - A woman at the Art Basel Miami Beach art fair stabs another in plain sight of art goers and the incident is at first ignored as people think that it is a work of performance art.[12]
October 2 until October 29, 2016 - La Artcore gallery in Los Angeles, presented "Excessivist Initiative". The exhibition marked the beginning of the Excessivism movement. [37]
October 2 until January 17, 2016 - Archibald Motley: Jazz Age Modernist at the Whitney Museum of American Art in New York City.[38]