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 Kenneth C. 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.
© 2019 ARTnews Media, LLC. All Rights Reserved. ARTnews® is registered in the U.S. Patent and Trademark Office.