Wilbur L. Ross Jr. specializes in buying failing businesses at bargain prices and flipping them for a profit. He also worked for President Bill Clinton and Mayor Rudy Giuliani as a privatization advisor. His wife, Hilary Geary Ross, is an author. The couple’s collecting interests are diverse, with contemporary Chinese, contemporary Vietnamese, contemporary photography, and 20th-century American pieces in their collection. Famously, they are also custodians of a large group of René Magrittes. They are familiar faces at Sotheby’s and Christie’s.

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Hilary and Wilbur L. Ross Jr.

Palm Beach, Florida; Washington, D.C.

Source of wealth:
Author; U.S. Secretary of Commerce

Collecting area:
Surrealism; modern and contemporary art, especially Chinese and Vietnamese

Top 200 appearance:
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Fun fact:

Ross once owned a collection of pre-Raphaelite paintings, which he acquired over 15 years. He sold it to settle his divorce from former New York Lieutenant Governor Betsy McCaughey Ross, according to a 2004 profile in New York magazine.