By: Wealth-X
Damian Hirst leads the list of the world’s wealthiest artists with the net worth of US $350 million according to Wealth-X.
With the art world converging on London to behold and buy works from Contemporary Masters at the annual Frieze Art Festival, Wealth-X today released a list of the top 5 wealthiest artists.
Hirst – who is famous for his provocative artworks featuring dead animals preserved in formaldehyde – made history in 2007 by becoming the first living artist to sell a complete show at a Sotheby’s auction, rather than through individual galleries. The show, entitled “Beautiful Inside My Head Forever”, raised a whopping US$198 million – smashing the previously held record for a one-artist auction.
American abstract expressionist painter and sculptor Jasper Johns came in second on the list with a net worth of US$210 million. In 2006, Johns’ painting “False Start” was purchased by private collectors for US$80 million – the largest amount ever paid for a painting by a living artist.
Below are top 5 wealthiest artists worldwide:
Rank |
Name |
Country |
Net worth (in US$ million) |
1 |
Damien Hirst |
UK |
350 |
2 |
Jasper Johns |
USA |
210 |
3 |
Andre Vicari |
UK |
210 |
4 |
Jeff Koons |
USA |
100 |
5 |
David Choe |
USA |
100 |
To read more go to Wealth-X
If you are interested in learning about the successful strategies for managing wealth for HNWIs attend Eureka Financial course in London.
Eureka Financial also offers consulting services to families and family offices. Contact us for more details.
____________________________________________________________
Eureka Financial offers over 100 public and in-house training courses in banking and finance, corporate finance and M&A, risk management, operations, investments, wealth management, soft skills and management. For more details visit: www.eurekafinancial.com