David Nahmad

Billionaire Art Collector

As high philanthropy and fine art collecting go hand in hand, Lifestyles Magazine’s Art Advisory is led by the most powerful megadealer of fine art in the world, David Nahmad. He owns an extraordinary stockpile of modern and impressionist art. The unparalleled Nahmad Collection includes works by more than 30 blue chip artists, from Monet and Matisse to Renoir and Rothko. Among his holdings: well over 300 Picassos, alone worth at over $1 billion. The whole collection is worth well above the $3 billion mark. Nahmad moves the highest echelons of the art market. Jeffrey Deitch, a former dealer and current director of the Museum of Contemporary Art, Los Angeles, once described the Nahmads as "like a major brokerage firm in the stock market," adding, "The market needs a force like this to function."