Observer

Dieter Schwarz at an art exhibition in 2015. Luc Castel/Getty Images Germany’s richest person is also one of its most elusive billionaires. Dieter Schwarz, the 86-year-old reclusive owner of discount supermarket giant Lidl and its parent company, Schwarz Group, has amassed an estimated fortune of $47.8 billion while maintaining an exceptionally low public profile. His business empire, which generates $215 billion in annual revenue, speaks volumes.

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The more A.I. agents act on our behalf, the more consequential it becomes for companies to control the data and context that make those experiences possible. Unsplash+ For years, companies have understood that data can be a competitive advantage. Customer information, proprietary processes and institutional knowledge help organizations build products and services that competitors cannot easily replicate.

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Leslie Lewis Sigler in her studio. Courtesy of Leslie Lewis Sigler, Commerce Gallery and Margaret Austin Photo Each of California-based artist Leslie Lewis Sigler’s carefully rendered arrangement carries stories of kinship and memory, with everyday objects becoming literal and symbolic family members that commemorate different chapters of life. Her exploration of heirlooms began with a collection of silver she inherited after a family member passed away.

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As luxury moves away from recognition and toward individuality, today’s jewelry buyers are thinking less about what they inherit and more about what they will leave behind. Photo by Fondazione Fiera Milano/Mondadori Portfolio via Getty Images We tend to think of inheritance as something we receive. A grandmother’s engagement ring. A grandfather’s watch. A strand of pearls tucked into a jewelry box and brought out on special occasions.

Installation view: The Pavilion of the Holy See, “The Ear is the Eye of the Soul” in the Giardino Mistico, Venice. Photo: David Levene It takes a lot for an artwork these days to make international headlines, but Florentina Holzinger managed to do it with the Austrian pavilion at the Venice Biennale this past May.

Haverhill Leach. Courtesy of Haverhill Leach The polishers go fishing on their lunch break. This is the first thing to understand about the place where Haverhill Leach makes her jewelry. In a low building on the water in Warren, Rhode Island—the smallest town in the smallest county in the smallest state in America—the benches face the harbor, and the people who spend their mornings bringing a high shine to gold can, when the hour comes, walk out and drop a line.

Installation view: “Liang Fu: Sublunary” at Nicodim New York.