Art News Blog
Monday, March 21, 2005
  Rich Art Collectors
Modern day Medicis or top billionaire art collectors according to the Forbes Business magazine. After first being completely annoyed by all the talking, moving, popping and flashing advertisements on the Forbes website, I came across the list..
Paul Allen of Microsoft is snapping up Cezannes, Manets, Gauguins and impressionists in general.
Eli Broad of SunAmerica is a long time collector of modern and contemporary art.
Steven Covey of the SAC Capital hedge fund collects "trophy" names. He started with Monet and Manet 5 years ago and now goes for Hirst and Pollock.
David Geffen of Geffen Records collects big name contemporary and moderns, like Jasper Johns and Pollock.
Henry Kravis donated $10 million to New York's Metropolitan Museum and got his name on a wing of the Museum. He has the likes of Renoir hanging on his walls.
Leonard Lauder and his cosmetics empire like cubism and Cezanne.
Samuel Irving Newhouse of Conde Nast likes Jasper Johns, Andy Warhol and other modern/contemporary works.
Francois Pinault bought Christie's in 1999 so he probably has a bit of everything in his collection.
Kenneth Thomson is Canada's richest man, which helps when you collect old masters.
Steve Wynn and his Las Vegas casinos likes anything expensive, especially the "Boy with a Pipe" painting by Picasso that he recently bought for $US105 million.
The ArtNewsBlog.com editor probably just missed out on being included in the list (purchased 2 fine art posters recently).
 
www.DickBlick.com - Online Art Supplies
Comments:
So much for having lots of money and bad taste. I wonder if anybody is buying something that does not belong to the "Dark Age" period in Art.
 
Anyone knows where the Rich Art Collectors are online? blogs, youtube, myspace...?
 
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