Ezra Nahmad
| Ezra Nahmad | |
|---|---|
| Born |
1945 (age 70–71)
|
| Residence | Monaco |
| Occupation | art dealer and collector |
| Net worth | $1.5 billion (2013) |
| Children | Helly Nahmad |
| Parent(s) |
Hillel Nahmad Mathilde Safra |
| Relatives |
Joseph (Giuseppe) (brother) David (brother) Edmond Safra (cousin) |
Ezra Nahmad (born 1945) is a Lebanon-born fine art collector and dealer, and a billionaire with a net worth of US$1.5billion.[1] He has four children, including the British art dealer Helly Nahmad, and resides in Monaco.[2]
In 2007, Forbes Magazine estimated that Ezra, together with his brothers - David and Joseph (Giuseppe) Nahmad and business partners, have built a collection estimated to be worth $3–4 billion.[3]
Background
Ezra was born in Beirut, Lebanon to a Lebanese Jewish family. The roots of the Nahmad family are in Aleppo, Syria, where Ezra's father, Sephardic Jewish banker Hillel Nahmad lived until just after World War II .[2] Following the Syrian anti-Jewish violence in 1947, his father moved to the more open Beirut, Lebanon, where Ezra and his brothers source sold English novels to US sailors stationed in Lebanon. In the early 1960s, With the rise of Palestinian threat against the Lebanese Republic, Ezra's father took him and his brothers, Joseph (Giuseppe), David, to Milan. As teenagers, the three began to deal in art - and skipped school to trade on the Italian stock market.[2]
Early life and career
Ezra's first career's milestone is believed to have taken place at a Juan Gris exhibition in Rome, organized by cubist dealer Daniel-Henry Kahnweiler. Ezra and his brother bought two works – the only pieces sold. Kahnweiler befriended them, selling them works by Picasso, Braque, and Gris. With the emergence of the Red Brigades terror group in the 1970s, Milan was perceived as too dangerous, and the family moved again. Ezra and his brother Joseph headed for Monaco, and David to New York City.[4]
As of 2013, Ezra and his brother David are considered influential megadealers of modern and impressionist art by the most well-known names, from Monet and Matisse to Renoir and Rothko. They own a vast inventory of between 4,000 and 4,500 works, stored in the duty-free Geneva Freeport warehouse next to the airport in Geneva, Switzerland. The brothers buy and sell most of their works at auction.
External links
References
- ↑ "Ezra Nahmad profile". Forbes. Retrieved August 18, 2013.
- 1 2 3 Jackie Wullschlager. "Lunch with the FT: Helly Nahmad". Financial Times. Retrieved August 20, 2013.
- ↑ Sarah Cascone (December 18, 2012). "Mega-Collector and Dealer Giuseppe Nahmad Died in November". Art in America. Retrieved August 18, 2013.
- ↑ "Gallerist Helly Nahmad Arrested For Suspected Gambling Related Money Laundering". April 17, 2013. Retrieved August 20, 2013.