Presented annually at the renowned Venice Biennale, the Golden Lion is regarded as the highest award of the international art fair, along with the Silver Lion. Established in 1986, the Golden Lion honors the best national participant at the Venice Biennale, while the Silver Lion, established in 1998, acknowledges the “most promising new artist.” Recipients of the Golden Lion include Antoni Tapies, Nam June Paik, Marina Abramovic, Gerhard Richter, Christian Marclay, Bruce Nauman, Christoph Schlingensief, Jenny Holzer, Daniel Buren, and Tino Sehgal. A Golden Lion award for lifetime achievement was also introduced in 1986 and has been awarded to a number of iconic artists including John Baldessari, Yoko Ono, Barbara Kruger, Louise Bourgeois, Bruce Nauman and El Anatsui.