Photo by Raphael Zubler, courtesy raphaelzubler.com

Pipilotti Rist

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One of the largest art prizes in existence, the biennial award honors Rist "for her wide-ranging creative activity and her outstanding contribution to the current artistic scene." She will receive €70,000 ($92,200) and a titanium trophy designed by Spanish designer André Ricard, which will be presented to her at a ceremony at the auditorium of the Joan Miró Foundation on May 4.

Rist will also present exhibitions at the Fundació Joan Miró in Barcelona and the Centre Cultural Caixa Girona–Fontana d’Or in Girona.

Danish-Icelandic artist Olafur Eliasson was the first recipient of the prize in 2007.