Wealth-X Reveals: Hollywood's Top 10 Art Collectors

NEW YORK, April 29, 2015 — (PRNewswire) —  In conjunction with the start of the US art season, Wealth-X today released a list of Hollywood's top 10 art collectors, which features Tinseltown titans such as Star Wars director George Lucas and blockbuster actors Brad Pitt and Leonardo DiCaprio

Taking the top spot on the list is entertainment industry mogul David Geffen, who has amassed an art collection worth an estimated US$2.3 billion, which includes masterpieces by American artists Jackson Pollock and Mark Rothko.

Geffen's collection comprises nearly 33% of his total net worth of US$7 billion, even though he sold two of his most valuable works – Jackson Pollock's "Number 5" and Willem de Kooning's "Woman III" – for US$277 million combined in 2006, making them the two most expensive paintings ever sold at that time.

George Lucas claims second spot on the list with a US$600-million art collection that includes Norman Rockwell paintings and pin-ups by Alberto Vargas. Lucas, whose personal fortune totals US$6.4 billion, is reportedly building a US$300-million art museum on Chicago's lakefront, which is due to open in 2018.

The youngest Hollywood art collector on the list is 40-year-old actor Leonardo DiCaprio, whose art collection is worth an estimated US$10 million and includes pieces by Takashi Murakami, Jean-Michel Basquiat, and Frank Stella.

The combined value of the art collections of the 10 individuals on the list is US$3.9 billion, representing 16% of their collective net worth.

Below is the list of Hollywood's top 10 art collectors:

Rank

Name

Estimated Value of Art
Collection*

Estimated Net Worth*

1

David Geffen

2,300

7,000

2

George Lucas

600

6,400

3

Arnon Milchan

600

5,000

4

Steven Spielberg

240

3,200

5

Jack Nicholson

100

400

6

Steve Tisch

50

700

7

Brad Pitt

25

400

8

Jacob Bloom

14

95

9

Michael Ovitz

12

380

10

Leonardo DiCaprio

10

260

* in US$ million

Wealth-X compiled the list based on publicly available information on the individuals and their art collections.

About Wealth-X

Wealth-X is the global authority on wealth intelligence, providing sales, marketing, strategy and compliance solutions to clients in the financial services, luxury, not-for-profit and education sectors. Its award-winning research and thought leadership are regularly cited by the world's media such as CNBC, Financial Times, Thomson Reuters and BBC. Wealth-X has more than 250 staff in 10 locations, including Singapore, London and New York.

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/wealth-x-reveals-hollywoods-top-10-art-collectors-300074034.html

SOURCE Wealth-X

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Wealth-X
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Web: http://www.wealthx.com




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