Skip to main content

Top 200 Collectors

Black-and-white portrait of a middle-aged Black

Raymond J. McGuire and Crystal McCrary

New York

Finance

African art; African-American art

Overview

Raymond J. McGuire, a heavyweight in the investment banking field, was named one of the “Top 75 African Americans on Wall Street,” by Black Enterprise in 2011, which termed him a “dealmaker extraordinaire” for handling transactions like Koch Industries’ acquisition of Georgia-Pacific for $21 billion and ConocoPhillips’s acquisition of Burlington Resource for $36 billion. He’s also known as an “immaculate dresser,” according to the New York Times. In 2005 McGuire left his position as a top banker at Morgan Stanley to become the global co-head of investment banking at Citigroup. His ambitions grew in 2021, when he mounted a campaign to be mayor of New York City. 

A major collector of work by Black artists, McGuire serves on the boards of the Whitney Museum and the Studio Museum in Harlem, where he is chairman, when not working in the financial sector. He has also served in New York on the executive committee of the International Center of Photography, as a trustee of Lincoln Center, chairman of the board of the De La Salle Academy, and as a member of the board of the Mayor’s Cultural Affairs Advisory Committee for New York City. McGuire has three Harvard degrees, from Harvard College, Harvard Law School, and Harvard Business School and he has been a member of its Overseers and Directors Nominating Committee. Additionally, he was named a distinguished patron of the Arts by Pratt Institute and was presented with the BCA Leadership Award from the Americans for the Arts in 2017.

His collection includes work by Glenn Ligon, Carrie Mae Weems, Malick Sidibé, Gary Simmons, Lorna Simpson, Derrick Adams, Tschabalala Self, and Deborah Roberts, among many others.

Newswire