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ARTnews publishes its list of the world's 200 top art collectors in its July edition
New York is the primary residence of 36 of the ARTnews 200.

NEW YORK, NY.- Who are the art world’s biggest spenders on art? According to the 22nd annual ARTnews 200, the Top Ten are:

• Hélène and Bernard Arnault
• Debra and Leon Black
• Edythe L. and Eli Broad
• Pierre Chen
• Alexandra and Steven A. Cohen
• Jo Carole and Ronald S. Lauder
• Dimitri Mavromatis
• Philip S. Niarchos
• François Pinault
• Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani

The ARTnews 200 list––which includes notable names in fashion, entertainment, finance, technology, media, and real estate––is compiled byARTnews correspondents in 22 countries who interviewed collectors, dealers, auctioneers, museum directors, curators and consultants. It appears in the magazine’s Summer issue, on newsstands July 10.

A record 22 collectors––more than 10% of the total list––are new to the ARTnews 200 this year, including: María Asunción Aramburuzabala, CEO of Tresalia Capital and Vice Chairman of Grupo Modelo (maker of Modelo, Pacifico and Corona beers); hedge funder Israel Englander and his photographer wife, Caryl; Fidelity Investments CEO Edward “Ned” Johnson III; perfumers Florence and Daniel Guerlain; lobbyists Heather andTony Podesta; Wella haircare heir Sylvia Ströher and her husband, Ulrich; Doha-based philanthropist Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani; and Chinese financier Liu Yiqian and his wife, Wang Wei.

Also new to this year’s list: Venture capitalist and E! Entertainment founder Jarl Mohn and his wife, Pamela; German realtor Peter W. Klein and his wife, Alison; INTRAV founder and CEO Barney Ebsworth; Toll Brothers founder Robert Toll and his wife, Jane; and Russian investor and AS Monaco Football Club owner Dmitry Rybolovlev.

Others on the list: jeweler Laurence Graff; venture capitalists and philanthropists Barbara and John Vogelstein; Tadashi Yanai, owner of the global apparel retailer Uniqlo; François Pinault, who runs the luxury goods company PPR; AllianceBernstein chairman Peter Kraus and his wife, Jill; Walmart heiress Alice Walton; and Ukrainian businessman and philanthropist Victor Pinchuk.

Contemporary art continues to be the most popular kind collected by the ARTnews 200: 84% collect contemporary art; 37% collect modern art; 14% collect Postwar art/Abstract Expressionism (up from 10% last year); 8% collect Impressionist/Post-Impressionist art; 8% collect Old Masters. 6% collect Decorative arts (furniture, design, textiles, ceramics). In addition, 5% collect African/tribal/ primitive art. American art is collected by 11%; 6% 2collect Asian art; 6% collect Austrian/German art; and 4% collect Latin American art.

Although many on the ARTnews 200 have multiple homes, 97 collectors have their primary residence in the United States (a 7% drop from last year). Germany has 21 collectors (a 40% increase from last year)––Germans make up 30% of those new to the Top 200. Switzerland has 14 collectors; the U.K. and France each count 10 collectors; Belgium boasts five collectors as residents.

New York is the primary residence of 36 of the ARTnews 200. London has nine collectors; Paris counts eight; Miami counts seven Top 200 collectors as primary residents. The Los Angeles area counts six collectors; San Francisco counts five; Berlin and Dallas/Ft. Worth each count four collectors.

Milton Esterow, Editor and Publisher of ARTnews, said that the consensus among dealers and auctioneers is that “increasingly the art market is a global market. New collectors keep emerging from many countries, including China, Indonesia, India, Russia and South America. But experts say that Americans are still driving the market in a huge way.”

Today's News

July 3, 2012

Conservation renews paintings of founding fathers by American artist Gilbert Stuart

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Sotheby's London to stage a summer exhibition of iconic Lucian Freud photographs

Museo Salvatore Ferragamo in Florence pays tribute to Marilyn Monroe

Twenty-first century American (ir)religiosity is focus of exhibition at DC Moore Gallery

Israel Antiquities Authority announces monumental synagogue building discovered in excavations in Galilee

Unique overview of the wall drawings by the American conceptual artist Sol LeWitt at M-Museum Leuven

ARTnews publishes its list of the world's 200 top art collectors in its July edition

Two-day sale to feature Asian art and silver at Bonhams, San Francisco in July

First retrospective to be devoted to William Blake in Spain opens at Madrid's la Caixa

1947 Academy Award and Marilyn's last signed check headline Heritage Auctions' July event

Asian Art in London 2012: A celebration of Asian art to be held in November

Citizens Group says Barnes Foundation ex-CEO Kimberly Camp contradicts testimony

IQ: Artist run and funded gallery opens in Montreal

Exhibition shares the Hopi perspective on the cultural role of Katsina spirits

Life's work of previously unknown, self-taught, Cleveland artist tops $10,000 at Gray's Auctioneers

Kinkade estate dispute to remain public for now, new online gallery of work by women photographers from Middle East's Gulf region

Liner Queen Elizabeth 2 to host visitors again as hotel in Dubai

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6.- Fascinating new exhibition explores enduring artistic bond between Scotland and Italy

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Art Director: Juan José Sepúlveda Ramírez

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