Real estate and investments
Australian private equity investor Danny Goldberg is frustrated with his art collection. More specifically, he’s frustrated that his collection is so massive he doesn’t have enough wall space in both his home and office to hang it all. According to The Australian Financial Review, only about 27 percent of his holdings can be up at one time. Thankfully, another 20 percent is usually on view in some museum, somewhere. “There’s no point spending money on art that sits in storage,” he told the Review. “It needs to be seen or I can channel my funds into some other endeavour.”
In 2017, Goldberg told the Daily Telegraph that he began collecting art as a teenager, using money from occasional jobs. His collection of modern and contemporary works has been highlighted in Australia for his interest in emerging American artists, and in 2016 was on display in a traveling group exhibition “Stars + Stripes: American Art of the 21st Century from the Goldberg Collection.” The exhibition, which toured a number of Australian museums and galleries, featured artists such as Sterling Ruby, Davina Semo, and Richard Aldrich. Which is not to say he is limited to Americans. He once boasted that he owns work by seven Turner Prize winners: Wolfgang Tillmans, Martin Boyce, Helen Marten, Antony Gormley, Anish Kapoor, Mark Leckey and Rachel Whiteread. Though the collection is large and growing, the Sydney-based private equity chairman told the Sydney Morning Herald that he buys art according to his own tastes, rather than with future worth in mind.