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THE TOP BUYERS ON THE ART MARKET
26 November 2014
Catégorie : MARKET
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The major 2014 fall auctions showed once again that
masterpieces were being sold at the highest rates thanks to the great appetite
of buyers eager to collect art.
There are at least three dozens of collectors from the
United States, Europe Asia and Latin America who are ready to pay huge sums at auction such
as Leon Black, the owner of the private equity firm Apollo Global Management
who bought in 2012 Edvard Munch's "The Scream" for 120 million
USD and a drawing by Raphael Sanzio for 48 million in 2013, Andy Hall, the
63-year old chief executive officer of
Occidental Petroleum Corporation who has collected works by Anselm Kiefer,
Georg Baselitz, Joseph Beuys, Jörg Immendorf, Eric Fischl, A.R Penck, Ed
Ruscha, Andy Warhol or Malcolm Morley, Glenn Fuhrman, the hedge fund manager of
MSD capital board member of several U.S
museums who has opened a gallery in Chelsea and who is reputedly one of the main Wall
Street collectors, Sheikha Mayassa Al-Thani, a member of the ruling family in
Qatar who has been active in buying works by Warhol, Damien Hirst and Mark
Rothko at a rate of one billion USD a year, Eli Broad who has created a
Foundation bearing his name in 1984 and who owns a collection of art worth more
than 2,2 billion USD, Charles Saatchi, the cofounder rin 1970 of the
advertising firm Saatchi & Saatchi with his brother Maurice and the owner of the Saatchi gallery in London who has been promoting young British artists
in the 1990s such as Damien Hirst, Tracey Emin or Chris Ofili, Rosa de la Cruz,
a Cuban-born art collector who created with her husband Carlos a Contemporary
art space in Miami, Patricia Phelps de Cisneros who has been collecting Latin
American art with her husband Gustavo before founding the New York City
and the Caracas-based Fundación Cisneros, a philanthropic organization, Donald
and Mera Rubell who founded the Rubell family Foundation in 1964 in New York and whose huge collection includes works by Damien Hirst, Keith Haring, Jeff Koons,
Kara Walker, Andy Warhol and Cindy Sherman and Steve Cohen, the former hedge fund manager who gathered an
impressive collection of Impressionist and contemporary art. In 2006 he paid 137.5
million USD for Willem de Kooning's "Woman III" (1952) and in 2013 he bought Picasso's "Le Rêve" for 155
million.
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|
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The major 2014 fall auctions showed once again that
masterpieces were being sold at the highest rates thanks to the great appetite
of buyers eager to collect art.
There are at least three dozens of collectors from the
United States, Europe Asia and Latin America who are ready to pay huge sums at auction such
as Leon Black, the owner of the private equity firm Apollo Global Management
who bought in 2012 Edvard Munch's "The Scream" for 120 million
USD and a drawing by Raphael Sanzio for 48 million in 2013, Andy Hall, the
63-year old chief executive officer of
Occidental Petroleum Corporation who has collected works by Anselm Kiefer,
Georg Baselitz, Joseph Beuys, Jörg Immendorf, Eric Fischl, A.R Penck, Ed
Ruscha, Andy Warhol or Malcolm Morley, Glenn Fuhrman, the hedge fund manager of
MSD capital board member of several U.S
museums who has opened a gallery in Chelsea and who is reputedly one of the main Wall
Street collectors, Sheikha Mayassa Al-Thani, a member of the ruling family in
Qatar who has been active in buying works by Warhol, Damien Hirst and Mark
Rothko at a rate of one billion USD a year, Eli Broad who has created a
Foundation bearing his name in 1984 and who owns a collection of art worth more
than 2,2 billion USD, Charles Saatchi, the cofounder rin 1970 of the
advertising firm Saatchi & Saatchi with his brother Maurice and the owner of the Saatchi gallery in London who has been promoting young British artists
in the 1990s such as Damien Hirst, Tracey Emin or Chris Ofili, Rosa de la Cruz,
a Cuban-born art collector who created with her husband Carlos a Contemporary
art space in Miami, Patricia Phelps de Cisneros who has been collecting Latin
American art with her husband Gustavo before founding the New York City
and the Caracas-based Fundación Cisneros, a philanthropic organization, Donald
and Mera Rubell who founded the Rubell family Foundation in 1964 in New York and whose huge collection includes works by Damien Hirst, Keith Haring, Jeff Koons,
Kara Walker, Andy Warhol and Cindy Sherman and Steve Cohen, the former hedge fund manager who gathered an
impressive collection of Impressionist and contemporary art. In 2006 he paid 137.5
million USD for Willem de Kooning's "Woman III" (1952) and in 2013 he bought Picasso's "Le Rêve" for 155
million.
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