Billionaire Ronald Perelman Is Selling Two Paintings For A Combined $53 Million

Billionaire investor Ronald Perelman is known for his collection of paintings by some of the best artists to ever live in, both in terms of artistic quality and commercial value. And now Bloomberg reports that Perelman is looking to sell more than $ 50 million from his collection – a staggering number before you even realize he’s only selling two paintings.

The paintings in question are by artists Joan Miró and Henri Matisse, and are part of an upcoming Sotheby’s auction titled From Rembrandt to Richter. But if you search for Perelman’s name on auction material, you won’t find it, as he intended to sell the paintings anonymously, at least before the information was released to the press.

While Perelman himself and Sotheby’s both declined to comment on the story, Perelman has previously reportedly sought to alter some of his investments, which would include dropping a few particularly valuable paintings. And the paintings in question are certainly valuable, valued at $ 53.3 million at auction, so his decision to auction them off would make financial sense.

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Painting (Woman in a Red Hat), theMiró, is the more valuable of the two according to pre-sale estimates, and was painted in 1927. The Matisse is titled Dancer in an interior, green and black tiles and dates back to 1942, and according to Sotheby’s, the material has been owned by the same collector since 1989.

Perelman’s art collection is estimated at billions, and he focuses primarily on 20th-century paintings like Miró and Matisse, as well as sculptures by artists like Jeff Koons, whose work is on the works lists. most expensive art. He is also known to have acquired paintings of household names like Mark Rothko and Ed Ruscha.


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