Monday, 23 January 2012

David Geffen Art Collection

David Geffen


David Geffen

Art collection: $1 billion
Hollywood mogul has proved to be an astute buyer and seller of art. In a period of months in 2006, well before the current slump in contemporary art prices, he reportedly sold four paintings for $420 million including Jasper Johns' "False Start" to Citadel's Kenneth Griffin for $80 million and Willem de Kooning's "Police Gazette" and "Woman III" to SAC Capital's Steve Cohen for $63.5 million and $137 million, respectively. His still vast art collection includes more works by all three artists and others, including Jasper Johns' "Target with Plaster Casts" (pictured).

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