ARTnews magazine says three of the world's top 10 art collectors (based on the “volume of their acquisitions in the past year”) hail from Wall Street.
#1 Leon Black — former head of mergers at Drexel Burnham, he founded Apollo Advisors, a private equity firm with $15 billion in assets. Black collects everything from the Renaissance masters to Chinese sculpture and contemporary art.
#3 Steven Cohen — the billionaire hedge fund manager, who runs SAC Capital, has reportedly spent $300 million building his art collection. Notable recent purchase: $8 million for artist Damian Hirst's The Physical Impossibility of Death in the Mind of Someone Living, which features a 14-ft. tiger shark displayed in a tank of formaldehyde.
#5 Henry Kravis — billionaire founder of Kohlberg Kravis & Roberts, the leveraged buyout firm, which owns around 60 percent of this magazine's parent company, has his own wing at the Metropolitan Museum of Art.
