The 10 top art investors in the world

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According to Wealth X, the specialist data service focused on ultra-high net worth individuals, the average billionaire owns art worth $31 million or 0.5% of their net worth. However, the top 10 billionaire art investors have on average invested 18% of the net wealth.

Wealth-X estimates that there are 2,170 billionaires in the world.

It says that Nasser Khalli, a British-Iranian property tycoon is the billionaire with the greatest proportion of his wealth invested in art. He has spent almost all of his $1billion fortune of art. Khalli specializes in Islamic works, Japanese and Swedish art and ceramics.

David Lawrence Geffen has the largest collection out of all billionaires with Wealth-X estimating it at $1.1 billion. Geffen is a keen buyer of modern American art.

The consultancy estimates that Francois Pinault, the owner of Christie’s, has invested in art worth more than $1 billion. Pinault’s collection is often exhibited in his Palazzo Grassi modern art museum in Venice.

The World’s Top 10 Billionaire Art Investors

RankAmount invested in art ($ billion)Full nameEstimated net worth
($ billion)
1

1.1

David Geffen

5.5

2

1

Steven Cohen

8.3

3

1

Eli Broad

6

4

1

Boris (Bidizina) Ivanishvilli

6.4

5

1

Francois Pinault

9.9

6

0.95

Nasser Khalli

1

7

0.9

Norman Braman

1.6

8

0.8

Doris Fisher

2.3

9

0.75

Leonard Black

3.4

10

0.7

Samuel Newhouse Jnr.

7.1

Source: Wealth-X.com

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