PHOTO: ©BEN WESTOBY AND WHITE CUBE/COURTESY WHITE CUBE;
ART: ©ANSELM KIEFER

‘It’s a reflection of my personality, perhaps.” This is how Martin Z. Margulies described his $800 million collection to an interviewer in 2008. “It’s a collection of my external and internal experiences in my life.” A good deal of Margulies’s personality is on display in Miami’s Wynwood District at the Warehouse, a nonprofit organization that he founded in 1999 to house his collection of American and European contemporary art, and to provide art education to students and visitors. “[Art] is about learning and educating yourself,” Margulies once said, and he applies that belief to himself as a collector. “It never ends. You can always educate yourself…forever.” The Warehouse is an annual stop for the crowds visiting Art Basel Miami Beach in December; there they see new acquisitions as well as mainstays of the collection, including works by Donald Judd and George Segal.

Copyright 2017, Art Media ARTNEWS, llc. 110 Greene Street, 2nd Fl., New York, N.Y. 10012. All rights reserved.

Martin Z. Margulies

Location:
Key Biscayne, Florida

Source of wealth:
Real-estate development

Collecting area:
Modern and contemporary art

Top 200 appearance:
, , , , , , , , , , , , , , , , , , , , , , , , , , ,

Fun fact:

Margulies collected paintings and sculpture exclusively until 1992, when he fell in love with a seven-foot-tall photograph of a woman by Thomas Ruff. “She was staring back at you like a driver’s license,” he told Oceandrive. “She was looking at me and I was looking at her…. You don’t analyze it. You just think, ‘That’s someone I’d like to get to know better.’ ” Since then his photography collection has grown to include more than 4,000 images.