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Meet The 10 Biggest Art Collectors Of 2012

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Bernard Arnault LVHM

It's been a big year for art collecting, with major works sold and multiple auction records shattered.

These collectors, who were just named in the top 10 of ARTNews' annual list of the 200 biggest collectors in the world, are truly at the top of their game.

We're taking a closer look at the collections of the top 10 (in alphabetical order). See the complete list at ARTNews.

Hélène and Bernard Arnault

Who are they? Arnault is the head of LVMH, the largest luxury goods conglomerate in the world. He's worth an estimated $41 billion. Hélène, his wife, is a pianist.

What's in his collection? Until 2003, Arnault was the owner of art auction house Phillips de Pury & Company, and LVMH has long been a patron of the arts. Arnault is personally known for his contemporary collection, which includes pieces by Picasso, Yves Klein, Henry Moore and Andy Warhol.

LVMH is currently building a Gehry-designed art museum in Paris.



Debra and Leon Black

Who are they? Leon Black, the founder of Apollo Global Management, is worth an estimated $3.5 billion. His wife Debra is a Broadway producer.

What's in their collection? In 2005, Black reportedly paid $27 million for Constantin Brancusi's "Bird in Space," at the time a record for a sculpture.

He sits on the board of trustees for the Museum of Modern Art and in March donated $48 million to Dartmouth, his alma mater, for the construction of a visual arts center.



Edythe L. and Eli Broad

Who are they? Broad is the founder of both SunAmerica Inc. and KB Home. He is a major philanthropist whose foundations have assets of over $2 billion.

What's in their collection? Last year they broke ground on The Broad, a Los Angeles museum intended to house their vast collection.

They own works by around 200 artists, including Jeff Koons, Jasper Johns, Andy Warhol, Jean Michel Basquiat, Roy Lichtenstein, Cindy Sherman and Joseph Beuys.



See the rest of the story at Business Insider

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