2) Ezra Nahmad (Rank: 1189; Net worth: $1.5 billion)
This 68 year old billionaire is an international mega dealer of modern and impressionist art. Ezra Nahmad and his brother David Nahmad, both are in this business. Both are billionaires and own an inventory worth around $3 billion. They store their inventory in a duty-free warehouse next to the airport in Geneva, Switzerland. They own art pieces by more than 400 artists of international repute, like Monet, Matisse, Rothko and Renoir. Their 300 Picassos are worth around $900 million.
1) David Nahmad (Rank: 1041; Net worth: $1.8 billion)
This 67 year old self-made billionaire resides in New York. He is married and has three children. This world famous art dealer and his brother Erza own art pieces worth around $3 billion jointly, split 50/50. They buy and sell most of their collection at auction. David trades a currency and stock portfolio worth around $250 million. His son Hillel runs the Helly Nahmad Gallery in the Carlyle Hotel in Manhattan. In the spring of 2013 federal authorities accused Helly with multiple counts of money laundering and illegal gambling. David called the whole thing “totally stupid.”
The above-mentioned billionaires command respect in Monaco.
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