Art Investment

Qatar called the principal buyer of art in the world

According to The Art Newspaper, the greater part of the largest transactions in the markets of modernism and modern art last six years are collectors of the ruling family of Qatar Al-Thani

Shaykh al-Mayassa bint Hamad bin-Khalifa al-Thani
At the opening of Takashi Murakami exhibition at Versailles
2010. Source: theartnewspaper.com

small but very rich Oil Qatar named publication The Art Newspaper Home Buyer works of art in the world. For the most part of the largest transactions in the markets of modernism and modern art last six years are collectors of the ruling family of Qatar Al-Thani.

Buying art through consultants or directly from art dealers and at auctions, al-Thani created the greatest collection of art and modernism, Contemporary Art. In June, a 27-year-old daughter of the Emir of Qatar Sheikh al-Mayassa bint Hamad bin-Khalifa al Tani (Sheikha Al Mayassa Bint Hamad Bin Khalifa Al-Thani), which is considered the main initiator of purchase of works of art, said that the president of Christie's, Edward Dolman (Edward Dolman) will become executive director of the office, but will also include a board of trustees of the Office of Museums Qatar (Qatar Museums Authority).

Shaykh al-Mayassa not only a collector of art in the dynasty. Her cousin, Sheikh Saud ibn Muhammad ibn Ali al-Thani (Sheikh Saud Bin Muhammad Bin Ali Al-Thani) - a collector with many years: it is the world's leading regularly among the top ten world's leading collectors of the magazine ARTnews. < /a>

Dolman will acquire work for the growing museum network of Qatar, and operates a network of another heavyweight of the world art community - an art historian and former head of the School of Design, Rhode Island, Roger Mendl ( Roger Mandle). As reported by Dolman, "Qatar is going to coincide with several ambitious cultural projects for the World Cup to be held here in 2022." Already, Qatar is sponsoring the exhibition project of Richard Serra (Richard Serra), is planning an exhibition of Jeff Koons (Jeff Koons ). from the last completed projects of the Office of museums of Qatar - an exhibition of Takashi Murakami (Takashi Murakami) in Versailles in 2010 that the 2012 show in Doha.

dealers and auction houses, of course, can not openly talk about transactions concluded with customers in Qatar. However, The Art Newspaper has collected material on these sales from other sources. A key figure in dealings with Qatar widely believed Philip Segal (Philippe Segalot), whose company, Giraud, Pissarro, Segalot (GPS) works in Paris and New York.

In a recent x proposed acquisition of Qatar:


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