The ARTnews magazine has released a list of the top 200 art collectors from around the world. It’s probably a good list of names to have on your exhibition mailing list, especially if your works sell for more than a few hundred thousand a piece.
Here’s a list of the top 10 art collectors..
- Eli Broad – Contemporary art
- Steven Cohen – Impressionist, Modern and Contemporary art
- Anne and Kenneth Griffin – Impressionism and Post-Impressionist art
- Henry Kravis – Old masters, Impressionism, 20th Century art and French furniture
- Ronald Lauder – Old masters, 19th and 20th century art and Austrian art
- Sammy Ofer – Impressionist and modern art
- Francois Pinault – Contemporary art
- Mitchell Rales – Modern and contemporary art
- Charles Saatchi – Contemporary British art mostly
- Charles Schwab – Modern and contemporary art
The rest of the 200 art collectors can be found here.
ARTnews also has an interesting article on the art market and the money that splashing about at the moment.. “Last year at least 810 works of art were sold for over $1 million at auction, according to Artprice.com, which added that we should keep in mind that “until the end of the 1990s only 100 to 200 auctions per year broke through the million-dollar threshold.” At least 200 works went for more than $1 million at the recent auctions.” ARTnews
While I’m on the subject of art collecting and investing in art, the LA Times recently spoke about investors entering the art market to profit from the boom. Randall Willette of Fine Art Wealth Management in London said “The idea that you should buy purely because of your passion is becoming less common. More buyers are coming from a financial background, and people want to support their buying decisions with financial information. Increasingly, art is part of the balance sheet of private clients.” LA Times