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Collecting includes seeking, locating, acquiring, organizing, cataloging, displaying, storing, and looking after items. Therefore a collection is really a group of items that happen to be gathered together. And also the person who will the gathering is a collector.
So far, everything is as simple as ABC. However these bare definitions can`t explain why occasionally an owner of the collection worth more than $1 million won't market it, or everything from it, even when he's having trouble with bills. Nor does it explain why some collectors dedicate all their lives to their collections, and are prepared to do almost anything just to get hold of a final, desirable piece for his or her collection? The answer is that for a lot of collectors, collecting is really a life-style, almost amounting to some form of belief and vital to their concept of life. Their collection represents their dream. Which feeling is above any price.
Art enriches us emotionally and culturally, it gives our way of life sense, mystery and sweetness. So it`s no real surprise that art collecting is so popular. Art is really a desire for many billionaires, and for them collecting is a favorite pastime, but it is additionally a valuable investment.
Due to the financial crisis, the skill market too fluctuated in terms of stability and value. However 2010 was a starting place of their recovery. As William F. Ruprecht, the president and CEO of Sotheby's, said, "As things get better, individuals with wealth come back in to the art market also it gets better faster compared to financial state. So when things deteriorate, our business deteriorates even faster than the global economy. It's faster on the way up and faster in route down." And the 14th annual World Wealth Report 2010, made by Capgemini and Merrill Lynch, bears out this statement, showing that art became the most widely used segment from the passion investments market this year.
Their email list from the ARTnews 200 Top Collectors was made by widely read fine arts magazine ARTnews in the summertime of 2010, along with a list of the very best ten international art collectors corresponds in ten places using the Forbes billionaires list.
The list is:
- Roman Abramovich - Modern and Contemporary art - H�l?ne and Bernard Arnault - Contemporary art - Debra and Leon Black - Old Masters, Impressionism, Modern painting, Chinese sculpture, Contemporary art - Edythe L. and Eli Broad - Contemporary art - Alexandra and Steven A. Cohen - Impressionism, Modern and Contemporary art - Joseph Lau - Modern and Contemporary art (especially works by Andy Warhol) - Philip S. Niarchos - Old Masters, Impressionism, Modern and contemporary art - Fran?ois Pinault - Contemporary art - Emily and Mitchell Rales - Modern and Contemporary art - Sheikh Abdullah Bin Mohammed Bin Saud Al Thani - Antiquities, Old Masters, Islamic art, Contemporary art
Everybody on this list is definitely an art collector: if you have money along with a passion for art you become an individual out there above; if you can`t imagine your lifetime without art, you shoot for a location within this list by searching and discovering new artists; if you are an art student you've your favorite art collection in Facebook or LiveJournal; and even if you think that you have no connection to art, the chances are whenever you simply travel abroad you still bring postcards back in the art museums you visited, to become part of your personal small assortment of art.
