Kenneth C. Griffin is the founder and CEO of the global investment firm Citadel and is one of the most active art buyers globally. In 1999, he reportedly paid a record price of $60 million for Paul Cézanne’s painting Curtain, Jug and Fruit Bowl (ca. 1893). In 2006, he bought Jasper Johns’s famous 1959 painting False Start (1959) from David Geffen for a reported $80 million. (The painting had already become famous in art-market history, when S. I. Newhouse, with dealer Larry Gagosian bidding on his behalf, purchased it at Sotheby’s in 1988 for a then-record price of $17 million.) That same year, Griffin underwrote a $19 million expansion of the Art Institute of Chicago. Designed by Renzo Piano, the new structure features Cézannes on loan from Griffin’s private collection. In 2015, he donated $40 million to the Museum of Modern Art and $10 million to the Museum of Contemporary Art Chicago. In 2018, Griffin donated $16 million to the Norton Museum of Art in West Palm Beach, Florida. In 2019, Griffin purchased what the Wall Street Journal deemed “America’s most expensive house,” scooping up a still-under-construction four-story penthouse on Central Park South in New York for $238 million.
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