How rich is David Nahmad?
David Nahmad Net Worth:
|Birth date:||1947, Beirut, Lebanon|
|Parents:||Mathilde Safra, Hillel Nahmad|
|Siblings:||Ezra Nahmad, Giuseppe Nahmad|
David Nahmad net worth, wiki & biography:
Starting in the 1960’s, David and his sibs, Ezra and Joseph began dealing in arts as teens. Eventually, they cut school to concentrate more of their focus on the Italian Stock Exchange. Within an art exhibition organized by Daniel-Henry Kahnweiler, David and Ezra bought two works of art which caused the camaraderie between Kahnweiler and the two. Eventually, the organizer began selling them works of other renowned artists like Braque, Gris and Picasso.
David Nahmad Net Worth $1.85 Billion
Today, Ezra and David are considered as one of the most influential merchant of impressionist and contemporary arts made by some world famous artists like Renoir, Rothko, Matisse and Monet. To date, the Nahmad brothers own around 4000 to 4500 pieces of artworks which they keep in a Duty Free Warehouse in Geneva, Switzerland. Their group comprise 300 pieces of Picasso’s works which are estimated to cost around $900 million. The complete group is estimated to cost around $3 billion. In addition to being an art dealer, David Nahmad is also an avid backgammon player.