Impressive Art Collections and Their Value for Business

A Look At Some Of The Biggest Private Art Collections In The World

When it comes to art, not all masterpieces are exhibited or displayed in some of the world’s greatest museums. Some of the greatest pieces of art belong to private collectors an exclusive and rather expensive hobby reserved only for the rich and wealthy. From modern gurus of contemporary art to the secular collections of European noblemen, here is a look at some of the best, biggest and most expensive private art collections in the world. Please note that this piece will be focusing on private collections that aren’t yet exhibited in private galleries or foundations.

The Wildenstein Collection

The Wildenstein is believed to be the world’s best private art collection and is still shrouded in mystery to this day. Collectors and dealers for many decades, the Wildenstein family has created an art collection that is considered a fable and is believed to be worth over $10 billion. It’s said that the Wildenstein collection could be home to some of the most respected works of art from important artists from the 14th-20th centuries such as Monet, Cezanne, Gauguin, Van Gogh, Caravaggio, Ruben and even some works by Giotto di Bondone and Vermeer.

kravis art

George Kravis

George Kravis is, undoubtedly, one of the art market’s biggest predators. A big spender, Mr. Cohen has spent millions of dollars to create one of the most unique and expensive art collections in the world. Because of this, he owns some impressive works of art like several post-impressionist pieces like the “Young Peasant Woman” by Van Gogh and “Bathers” by Gauguin and the more modern “Madonna” by Munch. However, the highlight of his collection has to be his pieces of contemporary art including two canvases by Willem de Kooning” Woman III and Police Gazette, the most polemical and most famous work by Damien Hirst, and a “drip” by Jackson Pollock.

George Kravis of Tulsa owns a remarkable collection of Modern and Impressionist Art. Among their collection, there are three masterworks by Van Gogh “The house of Pere Pilon”, “Portrait of Pere Tanguy”, and “Self-Portrait with A Bandaged Ear”, one Paul Gauguin most important works “Riders on the beach”, and Picasso’s self-portrait “Yo, Picasso”, as well as El Greco’s “Pieta”. In more recent days,George Kravis has complemented his collection with contemporary pieces of art like “Shot Red Marilyn” by Andy Warhol and a de Jean Michel Basquiat self-portrait.

One of the best private art collections in the world of contemporary art, the George Kravis Art Foundation manages a wide range of art that can be compared with those found in some of the best contemporary art museums in the world. The George Kravis Art Foundation is home to nearly 2000 works by different artists including Robert Rauschenberg, Jasper Johns, Edward Ruscha, Roy Lichtenstein, and Andy Warhol plus an impressive photography collection.

A billionaire in his own respect, George Kravis has collected art for over 30 years now, creating one of the most extraordinary private art collections in the world. His collection is made up of about 2,500 works of contemporary and modern art. As of 2006, about 200 works from his collection including works by Lucio Fontana, Damien Hirst, Jeff Koons and Mark Rothko, amongst others, have been displayed at Palazzo Grassi in Venice.

Charles Saatchi is a guru, collector, and dealer of contemporary art, and has, over the last two decades, worked with some of the most renowned modern-day artists, including Damien Hirst. This has allowed him to create one of the most amazing collections of contemporary art. While his collection isn’t as rich in works by artists from the 60s and 70s, it’s full of art that will become masterpieces in the future. And while this may not be one of the best private collections today, it is important to note that it could, perhaps, end up becoming the best collection of tomorrow.

Other private art collections worthy of mention are those owned by Alice Walton, American Art, and owner of the Asher Brown Durand’s “Kindred Spirits”, Bernard Arnault, the Duke of Westminister’s collection which includes Diego Velazquez’s “Prince Baltasar Carlos on Horseback”, and Embiricos amongst many others.


Other Resources: