Billionaire Art Collections

Forbes Lifestyle on line has a good article listing many of the top international billionaire art collections. To make the list, the collection needs to be valued at a minimum of $700 million.

There is a sideshow and video connected to the article. The sideshow names the collector, a little info on the collector and the collection and the overall value of the collection.

The list includes:

• Philip Niarchos
• Eli Broad
• David Geffen
• Ronald Lauder
• Naser Khalili
• François Pinault
• Leonard Lauder
• Paul Allen
• Leon Black
• Steven Cohen
• Henry Kravis
• Samuel Newhouse, Jr.
• Esther Grether
• Leslie Wexner
  

The article states Wealthy patrons and collectors have been the lifeblood of the art world for centuries, from Italy's Medici family to American industrialists Henry Clay Frick and Andrew Mellon. That is still true today even as art valuations drop. Indeed, in a downturn like this one, billionaires are some of the only people who can still afford to buy expensive art or help prop up museums.

To read the article, view the list of collections and watch the video click HERE.