©BRUCE WEBER

Entertainment tycoon David Geffen loves making big deals on major artworks. In 2016 he sold a de Kooning and a Pollock he owned to hedgie Ken Griffin for half a billion dollars, and back in 2006 he unloaded a Johns and a de Kooning for $80 million and $63.5 million, respectively. He loves cutting big checks to arts institutions as well, donating $100 million to Lincoln Center in 2015 and another $100 million to the Museum of Modern Art in New York in 2016. “These are the kind of gifts you only dream about,” Glenn D. Lowry, MoMA’s director, told the New York Times.

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David Geffen

Location:
Los Angeles

Source of wealth:
Film and record executive; Investments

Collecting area:
Modern and contemporary art, especially Abstract Expressionism

Top 200 appearance:
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Fun fact:

David Geffen’s yacht, Rising Sun, is 454 feet long, employs a crew of 48, and is the sixth-largest yacht in the world, according to Super Yacht Fan. Guests on the yacht have included Oprah, Dasha Zhukova (another ARTnews “Top 200” member), and Bruce Springsteen.