12/22/2023 0 Comments Geffan moca museum![]() One of the most memorable stories of his art-chasing was in 1994 when Geffen arranged a swap with the Iranian government to provide them with a precious Persian manuscript in exchange for selling a de Kooning from the Tehran Museum’s legendary collection. While it is said that his current collection is only less than 50-a small one compared to the collections of other billionaires-his impeccable eye and taste for art, coupled with his deal-making skills, has earned him exceptional and often unobtainable works. His collection is mostly of Pollack, De Kooning, Johns, Rauschenberg, and Hockneys.Īlthough he has sold at least one or two works of these artists, it is believed that he still owns more important works by them and is still considered one of the most impressive private art collections in the world. He is mostly interested in abstract expressionist and pop artworks. He rarely-almost never-let others borrow his acquisitions, even by art museums and galleries he supports and donates to. 5mPD7DZi7E- LACMA February 17, 2022ĭavid Geffen is known as a very private art collector. Read more about the 56 (!) seismic base isolators currently being installed for the new David Geffen Galleries, and how they'll work for safety and stability. How do you keep visitors and artworks safe in earthquake-prone SoCal? He also has ties to the Museum of Modern Art, where he donated $100 million in 2016. His name is also on the Museum of Contemporary Art’s Geffen Contemporary. In 2017, Geffen pledged $150 million to the Los Angeles County Museum of Art, the largest gift in the museum’s history. Today, it is estimated to be worth at least $2.3 billion.īeyond art business and investments, he is a well-known art philanthropist with connections to the world’s top museums and galleries. His collection was estimated to be worth $1.1 billion at that time. Wealth X, a data-driven intelligence on the world’s wealthiest individuals, reported in 2013 that Geffen owns the most valuable art collection in the world-even after selling the most coveted ones years ago. He now sits at the 71st Forbes 400 list for 2021, with an estimated net worth of $10.4 billion. Today, Geffen has become a self-made billionaire who has invested his money in accumulating real estate and art. He started his career in the mailroom of talent agency William Morris and climbed up the corporate ladder to become an agent. The 79-year-old producer and film executive was born to Jewish immigrants in Brooklyn. This art selling and buying are only on top of what Geffen earns as a founder of Asylum Records, Geffen Records, and Dreamworks Animation. In 2020, before the pandemic hit, Geffen sold his Beverly Hills mansion to another business magnate, Amazon’s Jeff Bezos, for $165 million and then bought David Hockney‘s The Splash for $30 million at a London’s Sotheby’s auction. In 2016, he made $1 billion in selling art, including the sale to fellow collector Kenneth Griffin who bought two of his art collections-De Kooning’s Interchanged and Pollock’s Number 17A for $500 million. The sale broke the record as the most expensive painting ever sold at that time, overtaking previous record-holder, $134 million Portrait of Adele Bloch-Bauer I of Gustav Klimt. In 2006, he sold $420 million in art, including Willem de Kooning’s Police Gazette and Woman III, Jasper Johns’ False Start, and Jackson Pollock’s Number 5, 1948-sold for $140 million alone to Mexican financier David Martinez. 8, 1950, and Robert Rauschenberg‘s Winter Pool. Some believed the sold pieces include Jasper Johns‘ O through 9, Willem De Kooning‘s Clam Digger, Jackson Pollock‘s No. oJxXe6npEg- 53 West 53 Above MoMA December 19, 2019Īfter amassing valuable works of art early on, Geffen sold $65 million in art at a private auction. Three floors The David Geffen Wing are integrated into the base of #53West53 thanks to a generous donation by David Geffen towards the museum’s renovation and expansion. organization : Amazon Technologies Inc.The architecture of #53West53’s striking facade sets the stage for the beauty of the artwork inside #MoMA. ![]() desc : All abuse reports MUST include:,* src IP,* dest IP (your IP),* dest port,* Accurate date/timestamp and timezone of activity,* Intensity/frequency (short log extracts),* Your contact details (phone and email) Without these we will be unable to identify the correct owner of the IP address at that point in time.Domain expires: 0 Years, 290 Days left.
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