Business people with the biggest private art collections

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These days the most well-known works of art cost tens of millions of pounds. Consequently it is unsurprising that it is generally affluent businessmen and women who currently have the biggest private art collections. Distinguished art sales are often brimming with delegates of wealthy business people looking to add to their collections with renowned works of art from some of the most popular artists of all time. Many of these private art collectors are willing to pay significant sums of cash , which is fantastic for the art economy. Certain collectors invest in art from particular time periods or styles, whilst many others prefer to buy eclectic collections. We're going to take a look at the businessmen and women with impressive and distinctive collections.

A Tibetan tapestry was recently purchased for forty million dollars by Liu Yiquian, a Chinese businessman who is now regarded as one of the top art collectors on the globe. The tapestry was sold by Christies in Hong Kong and was the most valuable work of Chinese art to have ever been sold. It points to a developing trend in China for buying antique Tibetan art. He has also made quite a few other high profile investments, most notably a porcelain cup for $35 million and a vase for $14 million. Even more recently he purchased a painting for a staggering $170 million. These unquestionably render his hoard one of the most expensive art collections in the world.

In India, businessman Harsh Goenka has developed an exceptionally noteworthy collection. It may well not be the most extensive collection of art in the world although it is tremendously impressive nonetheless thanks to his discerning approach to the works of art he buys. He purchases pieces from promising artists as well as from the old masters, such as Husain, Padamsee and Souza. Having been raised doing work for his parents’ art dealership in Calcutta, he is very familiar with the trade. At this point he is thinking about launching a museum in Mumbai which would be the most valuable art museum in India and could become one of the most valuable art museums in the world.

Billionaire philanthropist Wafic Said is known to be one of the most prevalent private art collectors in the world. He is known particularly for his impressionist art collection which has been known to feature pieces by Renoir, Monet and Cezanne. Impressionism is an art movement that got going in the 19th century. It was developed in France and its main subjects were landscapes and images of daily life. It is characterized by loose brush strokes that produces the effect of simulating the brain’s perception of images as opposed to depicting them in a precise manner. The most renowned paintings of this period are extremely coveted by contemporary art collectors. One of these paintings was recently sold by this businessman for thirty million pounds at a renowned auction house in London.