// ------------------------------------------------------------------- SAC: We Will Survive 'Significant' Redemptions, Picasso's La Reve: World's Best Investment. (function() { mps._queue.adclone = mps._queue.adclone || []; $.ajax({ }, 100); document.getElementsByTagName("head")[0].appendChild(script); 'https' : 'http') + '://pix.nbcuni.com/a-pii.gif?X=piiblock&S=' + mps.pagevars.instance + '&P=' + mps.pagevars.mpsid + '&A=' + i + '&U=' + encodeURIComponent(window.location.href) + '&_=' + window._mpspixZ; isnewsletter = pagetypeurl.includes("?page_1"); He has one of the most expensive private art collections in the world. // Several sculptures, created by the such art stars as Jeff Koons, Richard Serra and Keith Haring, litter the grounds of the palatial Greenwich compound, dotting its reported 14 acres among a putting green and Zamboni-equipped, 6,700-square-foot skating rink. }, script.integrity = "sha256-hVVnYaiADRTO2PzUGmuLJr8BLUSjGIZsDYGmIJLv2b8="; Steve Cohen was unmasked by Artnet as the mystery buyer of a Jeff Koons rabbit sculpture last week in New York for $91 million, a record for a living artist at auction. dvelopper et amliorer nos produits et services. Once asking $115 million, it finally sold for $30.5 million. } All Rights Reserved.var w = Math.max(document.documentElement.clientWidth, window.innerWidth || 0), Art Collector. } top: 'auto', He parlayed that into a gig at New Yorks now-defunct Gruntal & Co. brokerage firm where he turned in an $8,000 profit on his first day, according to a second New Yorker profile. We've received your submission. Collected by a major institution. That aside, Cohen is also known for his extensive and impressive art collection, valued at an estimated $1 billion. By Christopher Bateman. The third of seven children, Cohen, 63, grew up with the same preoccupations as any average kid in middle-class Great Neck, LI: escape and baseball. !. Ranking second is Steven Cohen, the founder of SAC Capital. // ------------------------------------------------------------------- This painting is famous not only for its value but for its slapstick provenance. Pour en savoir plus sur la faon dont nous utilisons vos donnes personnelles, veuillez consulter notre politique relative la vie prive et notre politique en matire de cookies. Cohen began collecting art in 2000, and has since become a prominent collector, appearing on Art News magazine's "Top 10" list of biggest-spending art collectors around the world each year since 2002, and Forbes magazine's "Top Billionaire Art Collectors" list in 2005. //default prefix is 'artnet_newsletter_' Courtesy of Sothebys. + '<\/div>' Johns painted more than three dozen works inspired by the American flag, but the Cohens painting is one of only a few in private hands. + '
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He is the owner of several post-impressionist paintings (Gauguin's Bathers or Van Gogh's Young peasant woman), a few modern artworks (like Munch's Madonna) and of numerous contemporary art . 'content_id' : '100795269' , cEnd = document.cookie.length; }; The study found that the world's 2,170 billionaires hold an average of $31 million each of art, equal to 0.5 percent of their net worth. pagetypeforce = pagetypeurl.substr(pagetypeurl.length - 3); Steve Cohen, the $13.6 billion hedge-funder set buy a majority share of the Amazins, is a free spender who has amassed a museums worth of jaw-dropping art while hobnobbing with the likes of Guy Fieri and A-Rod. Considered by many to be one of the most prestigious art collectors on the globe, Steve Cohen is a wealthy buyer who spent hundreds of millions dollars on his quest of creating an incredible collection. var dynamic_yield_enabled = 1 // Show email validation error and hide other errors The world's top, private art collection belongs to David Geffen, the music and entertainment mogul. 'is_content' : '1' , Of all SAC's portfolio managersand there were over 100 at timesonly ten or 15 were "the real moneymakers.". var i = cookieNames.length, const matches = oneTrustCookie.match(COOKIE_REGEX); o[this.name] = [o[this.name]]; return ""; Giacomettis work has ranked among the hottest properties at recent years art auctions. slideInModal('Up'); He is also an art collector. onSuccess(); Access the data behind the headlines with the artnet Price Database. The son of a dress manufacturer, Cohen showed an aptitude for making money long before displaying an interest in art. if (cStart !== -1) { // ------------------------------------------------------------------- clearInterval(initOuibounce); Recently he spent a record price for a painting by J. M. W. Turner, $35.8 million for the Giudecca, La Donna Della Salute and San Giorgio and spent $33.2 million on a Rembrandt, the auction record for the artist.. //begin OneTrust Redirect } else { size 28 x 43 centimeters as found fresh and collection ready original backing Ask about this . + '