Top200-2015-Economou

YANNIS KONTOS

‘I believe in ignoring the trends,” George Economou once told the Wall Street Journal. “People buy with their ears. You should buy with your eyes—which represent your heart—and not with your ears.” Economou has been buying with his eyes since 2001. As a result, he has amassed a large and eclectic collection, which contains everything from Picasso to lesser-known early 20th century German and Austrian artists to public telephones, and in recent years has shifted aesthetic gears to embrace postwar and contemporary art. You won’t find many German Expressionist works at his home, however. “I don’t think,” he once said, “that these are really pictures you want to have in your bedroom.” Instead he houses them at the George Economou Collection, a private museum in Athens; recent exhibitions have featured artists such as David Hammons, Rashid Johnson, Paul McCarthy, and Georg Baselitz. In March 2015, Economou joined the board of the Dia Art Foundation in New York.

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George Economou

Location:
Athens

Source of wealth:
Investments and shipping (DryShips)

Collecting area:
Modern, postwar, and contemporary art

Top 200 appearance:
,

Fun fact:

Economou owns around 500 prints by the German artist Otto Dix, including the artist's 51-print cycle “Der Krieg” (“War”), which was inspired by Goya’s “Disasters of War” print series.