Top Art Collectors In 2023 & How To Become An Art Collector On A Budget

So Who Owns World's Top Private Art Collections?

1. Roman Abramovich

 

The owner of Chelsea Football Club. Roman Abramovich net worth over 10 Billion dollars. His collection includes works by Ilya Kabakov, Francis Bacon, and Lucien Freud.

Collecting area: Impressionism; modern, postwar, Russian art and contemporary art

2. Francois Pinault

 

A French billionaire Pinault has shares in Gucci, Alexander McQueen, Château Latour, and Converse shoes. Pinault has the world’s largest and most valuable art collection.

Collecting area: Contemporary & modern art

3. Haryanto Adikoesoemo

 

Haryanto Adikoesoemo collection is over 800 artworks from all over the world. Adikoesoemo is the president of PT AKR Corporindo, a chemical and energy logistics company.

Collecting area: Indonesian, Asian, and Western modern and contemporary art 

4. Steve Cohen

 

Steve Cohen is an art collector who has spent hundreds of millions of dollars on his quest to have one of the best private collections. Steve Cohen owns various artworks from different time periods such as post-impressionist paintings of peasant woman by Vincent Van Gogh. Expressionism painting of Madonna by Edvard Munch.

Collecting area: Expressionism, post-impressionist, modern, and contemporary art

5. Hans-Adam II, Prince of Liechtenstein

 

Hans-Adam II family art collection is over 300-year-old and he is one of the greatest private collection in European art. His collection includes artists like Raphael and Rubens.

Collecting area: Renaissance art, Baroque art, and Rococo masterpieces

6. Charles Saatchi

 

Charles Saatchi is an art dealer, and a collector is one of the most important figures of the contemporary art movement. Saatchi owns the Saatchi Gallery and is a sponsor for young British artists. 

Collecting area: Modern art, contemporary art, and fine art

7. Ezra and David Nahmad

 

Art dealers David Nahmad and his brother Ezra Nahmad. Have of the most valuable art collections on the planet. Estimated to be worth over $3 billion. They own masterpieces by Leonardo da Vinci, Amedeo Modigliani, Gustav Klimt, Pablo Picasso, and Vincent Van Gogh.

Collecting area: Renaissance art, Realism, Post-Impressionism, Modern art, Impressionism, Japonism, Cloisonnism, Pointillism, and Neo-impressionism

8. Mohammed Afkhami

 

Mohammed Afkhami the founder and leading partner of the Dubai-based commodities firm MA Partners DMCC. He has more 600 art pieces his collection features Iranian contemporary artists, like Mohammad Ehsai and Shirin Neshat.

Collecting area: Modern art and contemporary Iranian and international art

9. Paul Allen

 

Paul Allen co-founded Microsoft alongside Bill Gates in 1975. Paul Allen started the Pivot Art + Culture gallery to showcase some of the landscape paintings that he owned.

Collecting area: Impressionism; Old Masters; modern and contemporary art

10. María Asunción Aramburuzabala

 

María Asunción Aramburuzabala Larregui is a Mexican billionaire businesswoman. 

Collecting area: Modern and contemporary art

Top 10 Young Art Collectors

1. Robbie Antonio

 

Robbie Antonio is a real estate developer and the founder and CEO of Revolution.

2. John D. Arnold 

 

John D. Arnold art collection centers on post-war as well as modern art, with personal attention in Abstract Expressionist and Cubism, such as Willem de Kooning and Pablo Picasso.

3. Adrian Cheng

 

Adrian Cheng has the idea of blending commerce and art. Henceforth, he produced the first “Art Mall” – named K 11 – in Hong Kong in 2009. 

4. Moisés Cosio

 

Moisés Cosio runs various projects to assist the local artist in Mexico. Moisés Cosio has co-operated with numerous global art organizations.

5. Daniela Hinrichs

 

Daniela Hinrichs is an art dealer who is passionate about photography. She has established an online platform which showcases developing photographers.

6. Taymour Grahne

 

Taymour Grahne’s art collection has a particular focus on modern works of art from the Middle East. He also runs his own art gallery in New York, supporting top Middle Eastern artists.

7. Nilani Trent

 

Nilani Trent established her own art advisory firm in 2006. Nilani Trent began her art collection journey as an investor, however, she later acquired a genuine passion for collecting art. 

8. Maxwell Graham

 

Maxwell Graham is an art dealer, curator, and gallery owner. Who is enthusiastic about discovering underrated and emerging artists. 

9. Kai van Hasselt

 

Kai van Hasselt began art collecting in his teenage years. Kai van Hasselt likes to collect contemporary art with very specific themes.

10. Tobias Gombert

 

Tobias Gombert began his art collection one day as a result of his personal ambition. His collection contains art by Kenneth Noland, Katharina Grosse, and Thomas Struth.

 

THE BEST ART MUSEUMS IN DALLAS

Top 10 Question About Collecting Art

 

How to collect art on a budget?

Here Are 6 Simple Steps On How To Collect Art On A Budget

1. Go to your local non-profit art centers and small galleries in your town. City websites usually have a list of these non-profit art institutions.

2. Buy art prints that you love rather than originals. Even large galleries and museums are acquiring reproductions prints, which means you should start getting prints as well.

3. Hang out with people in the art world. It can be very helpful to develop connections with artists, curators, collectors, and dealers.

4. Buy at art auctions. You can get great prices on the original pieces.

5. Shop online you can select from various artists and find unique art collections in a click of a button.

6. Focus on emerging artists their prices won't be as pricy as established artists.

 

How do you curate an art collection?

A Two-Step Guide For Art Curation

1. Conceptualize: Think of the idea and the overall theme design for your home or exhibit.

2. Buy art: Start getting art pieces that flow with your home or gallery idea. Match your existing accent pieces with the art you are acquiring. 

 

Are art prints worth anything?

YES! Prints with various colors oftentimes take longer to produce and are commonly higher in the prices. Very large prints, particularly those bigger than 24 by 40 inches are extraordinarily hard to create, demanding extensive methods. Furthermore, fine art prints are also worthy when they are hand-signed by the artist. Art prints do increase in value depending on the artist and if they are limited edition prints. Nevertheless, my recommendation is to always collect art you love, and when or if it appreciates in value recognize as the cherry on top of the ice cream. 

 

Is collecting art a good investment?

YES! However, there are various things to consider before becoming an art investor. You should think about the question below before you start.

 

•  Where should I start collecting art from?
•  What type of art should I collect?
•  Where to buy the art from?
•  How am going to research and learn more about the artist?
•  Where can I study the artwork?
•  What is the value of this piece?

 

Are giclee prints worth anything?

YES! Giclee prints are one of the best ways to reproduce artwork. Giclee printing uses a 12 color inkjet printer, acid-free papers, and pigment based archival inks, which guarantees the print will never diminish and it provides better durability for the artwork. Giclee printing supports the artist by rendering a high-quality composition that the customer will be satisfied with, due to the prints ability not to fade over time. 

 

What is the difference between a giclee and a print?

Digital printing is a four color process system versus the giclee printing uses a 12 color process. Which means that color matching is not 100% insured and there is a slight possibility the detail and color could be up to 10% off from the original piece.

The Best Art Museums in Quebec City (Canada)

 

How to start investing in art?

A Simple 3 Step Guide For Beginning Your Own Art Collection

1. Before you start investing in art, learn more about art. One of the best and cheapest ways to learn about is to buy art books.

2. Start going to museum exhibits and galleries get a taste of a few art shows and start asking them your art questions.

3. Get some professional assistance, talking to art consultants or advisors they usually don't cost you anything, and they make their money off the art you purchase through them. 

 

What kind of art are millennials buying?

Evan Beard who is the head of the National Art Services at US Trust said that “Galleries will need to adapt to our trading mindset”. According to the US Trust investigation which shows that 39% of Millennials tend to recognize art as an investment. Nonetheless, 89% of Millennials believe that the art they buy should also have a social impact.

 

How to buy art that will appreciate?

The Simple Checklist To Use When Buying Art

1. Buy something that you love.

2. Get the original artwork.

3. Score first edition prints.

4. Purchase art signed by the artist.

5. Get Iconic art pieces.

6. Purchase from an emerging talent.

7. Buy low.

8. Diversify your art collection.

 

Who has the most expensive art collection?

1. Ezra and David Nahmad. Collection value: $3 billion.

2. David Geffen. Collection value: $2.3 billion.

3. Eli Broad. Collection value: $2.2 billion. 

4. Philip Niarchos. Collection value: $2.2 billion.

5. Francois Pinault. Collection value: $1.4 billion.

 

Top Artists To Collect

Up And Coming Artists In 2019

These are the artist you should be keeping an eye if you want to start investing in art for 2019 and beyond.

1. Bridget Riley

 

Riley’s relationship with nature is fundamental to her craft, and is similar to the West Coast Light and Space movement, with its predecessors in the California Impressionists. 

2. Jadé Fadojutimi

 

Fadojutimi has already produced a distinguished art style of her own. She has extraordinary control over her color composition and brushstrokes, which enables her to create poetic, emotionally filled paintings that she explains as an examination of her own individuality.

3. Louis Fratino

 

Louis Fratino is a figurative artist whose craft concentrates on special bonds among men.

4. Lauren Halsey

 

Lauren Halsey landed a solo showcase at the Museum of Contemporary Art, was and won the $100,000 Mohn Award.

5. Igor Bleischwitz

 

Igor has had various solo and group shows in Germany and Switzerland. 

6. Georgia Noble

 

Georgia earned her BFA from Manchester School of Art and was the champion of the Manchester Metropolitan Purchase Prize in 2015.

In conclusion Is it necessary to be wealthy to collect art?

No, To amass an attractive art collection, you don't have to be a rich. You can amass the incredible collection by financing rising artists, preparing yourself prior to purchasing, and searching for possibilities on the web and in local galleries.

If you like this article, please share it with others, so perhaps they can also enjoy it. Any of the artwork purchased on ATX Fine Arts accommodates me as an artist, along with helping the site grow organically, thank you very much.