Privately Owned Fine Art Collections

Not all of the greatest Fine Art is exhibited in the great museums and galleries of the world.
A vast amount belong to private collectors – a very exclusive and pricey ‘hobby’ that has experienced a boom in recent years. Seen as a very stable and reliable choice for investing funds, assembling collections is a good way to a steady financial investment.

Present day art collectors are keen to say they represent a ‘good cross-section’ of society. From oil -rich Middle East Royalty, European nobility and high society elite to Multinational corporations. Not really a fairly represented cross-section in our opinion, but with prices in this pastime sky high -world record prices are regular made and broken again- its unlikely the average man on the street would get the opportunity.

So who are these super collectors and what do they own? What is it worth?
Take a look at some of the top collectors in the world…

Ezra and David Nahmad.

The most valuable art collection on the planet is owned by these two brothers. Though they have the largest collection neither describe themselves as great art lovers – this is purely business. Their strategy is simple – make a profit. They buy the ‘right’ art, hold it in large warehouse {just outside Geneva Airport} and then sell for much more than they paid for it. Many passionate art collectors are somewhat mortified by the way they treat art as just a commodity but – business is business and they are doing it better than anyone. The 5,000 piece collection has over 300 Picassos – the most Picassos together anywhere – and valued at over $900 million for just these Picassos alone.

Charles Saatchi.

Co-founder of the advertising agency Saatchi and Saatchi is a renown art collector – and art dealer. With a reputation for snubbing the great Auction houses and selling privately online as and when he decides to sell a piece, he is seller as well as a buyer. Specialising in Middle Eastern art, his collection has an unknown value but is estimated to be well into the many millions. 

Bernard Arnault.

Named the richest man in Europe. He is the CEO of the LVMH Group, the worlds largest luxury goods company; better known for brands such as Louis Vuitton and Moet & Chandon. His personal net worth was ranked 5th in the world estimated at $80.2 billion. His art collection houses Picasso, Warhol, and Henry Moore to name a few, and it is said to be worth billions.  

Francois Pinault 

 French Billionaire and founder of brands such as Gucci, and Yves Saint-laurent, Pinault has been an art collector for over 30 years. Passionate about Modern and Contemporary art his collection is over 2,500 pieces including Warhol, Rothko and Koons. Value of collection said to be $1.4 billion, some is available for public viewing in the Palazzo Grassi in Venice. He has immense control in the Art market , as he owns the Christie’s Auction House. 

David Geffen

Founder of numerous companies, including the much loved Dreamworks Animation, Geffen’s art collection is estimated to be worth $2.3 billion. His collection is the largest owned by a single person and he is known for being a super smart and savvy collector in terms of buying and selling.