The World's Biggest Art Collectors Have Seen Their Fortunes Surge This Year
An incredible week for New York's auction houses
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Just how much money is sloshing around among the world's richest art collectors? Three New York auction houses have sold a record $2.7 billion worth of art since May 5. Christie's recorded the first-ever $1 billion-plus week, which included the sale of a Picasso for almost $180 million to an anonymous buyer.
The 10 billionaires with the most valuable art collections tracked by the Bloomberg Billionaires Index include French luxury products billionaire François Pinault, as well as U.S. financiers Ronald Perelman and Steve Cohen.