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'''Ezra Nahmad''' (born 1945) is a Monegasque [[billionaire]] art dealer and collector. He lives in [[Monte Carlo, Monaco]]. As of April 2023, his net worth is estimated at US$1.8 billion.<ref name="Forbes profile">{{cite web|title=Forbes profile: Ezra Nahmad |url=https://www.forbes.com/profile/ezra-nahmad/ |website=Forbes |access-date=25 April 2023}}</ref> |
'''Ezra Nahmad''' (born 1945) is a Monegasque [[billionaire]] art dealer and collector. He lives in [[Monte Carlo, Monaco]]. As of April 2023, his net worth is estimated at US$1.8 billion.<ref name="Forbes profile">{{cite web|title=Forbes profile: Ezra Nahmad |url=https://www.forbes.com/profile/ezra-nahmad/ |website=Forbes |access-date=25 April 2023}}</ref> |
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==Biography== |
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Ezra was born in [[Beirut]], Lebanon to a Sephardic Jewish family.<ref name=HM>{{Cite web|url=https://www.hellomonaco.com/news/interviews/david-nahmad-about-art-moscow-and-the-principality-of-monaco/ |title=David Nahmad, about art, Moscow and the Principality of Monaco| publisher=HelloMonaco|date=October 11, 2017}}</ref><ref name=ft-article/> The roots of the Nahmad family are in Aleppo, where his father, banker Hillel Nahmad lived until just after World War II.<ref name=ft-article/> Following the Syrian [[anti-Jewish]] violence in 1949, his father moved to Beirut, where Ezra and his brothers sold English novels to US sailors stationed there. In the early 1960s, With the rise of Israeli threat against the [[Lebanese Republic]], Ezra's father took him and his brothers, [[Giuseppe Nahmad|Joseph (Giuseppe)]] and [[David Nahmad|David]], to [[Milan]], Italy. As teenagers, the three began to deal in art, and skipped school to trade on the Italian stock market.<ref name=ft-article/> |
Ezra was born in [[Beirut]], Lebanon to a Sephardic Jewish family.<ref name=HM>{{Cite web|url=https://www.hellomonaco.com/news/interviews/david-nahmad-about-art-moscow-and-the-principality-of-monaco/ |title=David Nahmad, about art, Moscow and the Principality of Monaco| publisher=HelloMonaco|date=October 11, 2017}}</ref><ref name=ft-article/> The roots of the Nahmad family are in Aleppo, where his father, banker Hillel Nahmad lived until just after World War II.<ref name=ft-article/> Following the Syrian [[anti-Jewish]] violence in 1949, his father moved to Beirut, where Ezra and his brothers sold English novels to US sailors stationed there. In the early 1960s, With the rise of Israeli threat against the [[Lebanese Republic]], Ezra's father took him and his brothers, [[Giuseppe Nahmad|Joseph (Giuseppe)]] and [[David Nahmad|David]], to [[Milan]], Italy. As teenagers, the three began to deal in art, and skipped school to trade on the Italian stock market.<ref name=ft-article/> |
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==Career== |
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Ezra's first career 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.<ref>{{cite news |url= http://www.artlyst.com/articles/gallerist-helly-nahmad-arrested-for-suspected-gambling-related-money-laundering |title= Gallerist Helly Nahmad Arrested For Suspected Gambling Related Money Laundering| date=April 17, 2013|access-date=August 20, 2013}}</ref> |
Ezra's first career 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.<ref>{{cite news |url= http://www.artlyst.com/articles/gallerist-helly-nahmad-arrested-for-suspected-gambling-related-money-laundering |title= Gallerist Helly Nahmad Arrested For Suspected Gambling Related Money Laundering| date=April 17, 2013|access-date=August 20, 2013}}</ref> |
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== Art collection == |
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As of 2013, Ezra and his brother David are considered influential "mega-dealers" of modern and impressionist art by the most well-known names, from [[Monet]] and [[Matisse]] to [[Renoir]] and [[Rothko]].{{citation needed|date=March 2018}} They own an inventory of between 4,000 and 4,500 works, stored in the duty-free [[Geneva Freeport]] warehouse next to the airport in [[Geneva]], Switzerland.{{citation needed|date=March 2018}} The brothers buy and sell most of their works at auction.{{citation needed|date=March 2018}} In 2007, ''[[Forbes]]'' estimated that Ezra, together with his brother [[David Nahmad|David]] have built an art collection worth $7 to 8 billion.<ref>{{cite news|url=http://www.artinamericamagazine.com/news-opinion/news/2012-12-18/giuseppe-nahmad-obituary/ |work=[[Art in America]]|title=Mega-Collector and Dealer Giuseppe Nahmad Died in November|author=Sarah Cascone| date=December 18, 2012| access-date=August 18, 2013}}</ref> A 2015 billionaires' index places Ezra and his brother David the richest residents of Monaco.<ref>{{Cite web |last=rédaction |first=La |date=2015-07-26 |title=Monaco a la plus forte densité de milliardaires au monde |url=https://www.varmatin.com/faits-divers/monaco-a-la-plus-forte-densite-de-milliardaires-au-monde-348258 |access-date=2023-11-23 |website=Var-Matin |language=fr}}</ref> |
As of 2013, Ezra and his brother David are considered influential "mega-dealers" of modern and impressionist art by the most well-known names, from [[Monet]] and [[Matisse]] to [[Renoir]] and [[Rothko]].{{citation needed|date=March 2018}} They own an inventory of between 4,000 and 4,500 works, stored in the duty-free [[Geneva Freeport]] warehouse next to the airport in [[Geneva]], Switzerland.{{citation needed|date=March 2018}} The brothers buy and sell most of their works at auction.{{citation needed|date=March 2018}} In 2007, ''[[Forbes]]'' estimated that Ezra, together with his brother [[David Nahmad|David]] have built an art collection worth $7 to 8 billion.<ref>{{cite news|url=http://www.artinamericamagazine.com/news-opinion/news/2012-12-18/giuseppe-nahmad-obituary/ |work=[[Art in America]]|title=Mega-Collector and Dealer Giuseppe Nahmad Died in November|author=Sarah Cascone| date=December 18, 2012| access-date=August 18, 2013}}</ref> A 2015 billionaires' index places Ezra and his brother David the richest residents of Monaco.<ref>{{Cite web |last=rédaction |first=La |date=2015-07-26 |title=Monaco a la plus forte densité de milliardaires au monde |url=https://www.varmatin.com/faits-divers/monaco-a-la-plus-forte-densite-de-milliardaires-au-monde-348258 |access-date=2023-11-23 |website=Var-Matin |language=fr}}</ref> |
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==Personal life== |
==Personal life== |
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Nahmad is married to Marie Nahmad,<ref>{{Cite web|title=Denise Amon, September 29, 2013, Beloved wife of Dr. René Amon. |publisher=[[Chicago Tribune]]|date=October 1, 2013 |url=https://www.legacy.com/obituaries/chicagotribune/obituary.aspx?n=denise-amon&pid=167283495&fhid=25793 |quote= Dear sister of Jacqueline (the late Raymond) Harari, Nadia (Albert) Chowaiki, Evelyn (Enrico) Matalan, Ezra (Marie) Nahmad, David (Colette) Nahmad and the late Albert (Arlette) Nahmad and Joseph Nahmad}}</ref> resides in [[Monaco]], and has four children.<ref name=ft-article>{{cite news| url=http://www.ft.com/cms/s/2/e9cbe436-0a15-11e1-85ca-00144feabdc0.html#axzz2cXQfIZiD |author=Jackie Wullschlager|work=[[Financial Times]]|title=Lunch with the FT: Helly Nahmad | access-date=August 20, 2013}}</ref> His son [[Helly Nahmad (London)|Helly Nahmad]] is a London-based art dealer. |
Nahmad is married to Marie Nahmad,<ref>{{Cite web|title=Denise Amon, September 29, 2013, Beloved wife of Dr. René Amon. |publisher=[[Chicago Tribune]]|date=October 1, 2013 |url=https://www.legacy.com/obituaries/chicagotribune/obituary.aspx?n=denise-amon&pid=167283495&fhid=25793 |quote= Dear sister of Jacqueline (the late Raymond) Harari, Nadia (Albert) Chowaiki, Evelyn (Enrico) Matalan, Ezra (Marie) Nahmad, David (Colette) Nahmad and the late Albert (Arlette) Nahmad and Joseph Nahmad}}</ref> resides in [[Monaco]], and has four children.<ref name=ft-article>{{cite news| url=http://www.ft.com/cms/s/2/e9cbe436-0a15-11e1-85ca-00144feabdc0.html#axzz2cXQfIZiD |author=Jackie Wullschlager|work=[[Financial Times]]|title=Lunch with the FT: Helly Nahmad | access-date=August 20, 2013}}</ref> His son [[Helly Nahmad (London)|Helly Nahmad]] is a London-based art dealer. His daughter Michaela Nahmad is married to investor [[Nathaniel Meyohas]].<ref>{{Cite web|first1=Javier |last1= Espinoza |first2= Anna |last2= Gross|first3= Michael|last3= Pooler |title= How Greybull could yet profit from the British Steel 'tragedy' |publisher=[[Financial Times]]|date=May 24, 2019 |url=https://www.ft.com/content/7279969a-7e10-11e9-81d2-f785092ab560 }}</ref> His cousin is the Brazilian banker [[Edmond Safra]].<ref>{{Cite web |date=April 5, 2017 |title=David Nahmad, crazy collector |url=https://www.lobservateurdemonaco.mc/david-nahmad-crazy-collector |publisher=L'Observateur de Monaco}}</ref> |
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==References== |
==References== |
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Revision as of 02:31, 23 November 2023
Ezra Nahmad | |
|---|---|
| Born | 1945 (age 78–79) Beirut, Lebanon |
| Nationality | Monegasque |
| Occupation(s) | Art dealer and collector |
| Spouse | Marie Katri |
| Children | 4, including Helly Nahmad |
| Relatives | Giuseppe "Joseph" Nahmad (brother) David Nahmad (brother) |
Ezra Nahmad (born 1945) is a Monegasque billionaire art dealer and collector. He lives in Monte Carlo, Monaco. As of April 2023, his net worth is estimated at US$1.8 billion.[1]
Biography
Ezra was born in Beirut, Lebanon to a Sephardic Jewish family.[2][3] The roots of the Nahmad family are in Aleppo, where his father, banker Hillel Nahmad lived until just after World War II.[3] Following the Syrian anti-Jewish violence in 1949, his father moved to Beirut, where Ezra and his brothers sold English novels to US sailors stationed there. In the early 1960s, With the rise of Israeli threat against the Lebanese Republic, Ezra's father took him and his brothers, Joseph (Giuseppe) and David, to Milan, Italy. As teenagers, the three began to deal in art, and skipped school to trade on the Italian stock market.[3]
Ezra's first career 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]
Art collection
As of 2013, Ezra and his brother David are considered influential "mega-dealers" of modern and impressionist art by the most well-known names, from Monet and Matisse to Renoir and Rothko.[citation needed] They own an inventory of between 4,000 and 4,500 works, stored in the duty-free Geneva Freeport warehouse next to the airport in Geneva, Switzerland.[citation needed] The brothers buy and sell most of their works at auction.[citation needed] In 2007, Forbes estimated that Ezra, together with his brother David have built an art collection worth $7 to 8 billion.[5] A 2015 billionaires' index places Ezra and his brother David the richest residents of Monaco.[6]
In the 2016 Panama Papers leak scandal, Ezra Nahmad's name was associated to his family's web of offshore companies and schemes to evade taxes and manipulate the art market.[7]
Personal life
Nahmad is married to Marie Nahmad,[8] resides in Monaco, and has four children.[3] His son Helly Nahmad is a London-based art dealer. His daughter Michaela Nahmad is married to investor Nathaniel Meyohas.[9] His cousin is the Brazilian banker Edmond Safra.[10]
References
- ^ "Forbes profile: Ezra Nahmad". Forbes. Retrieved 25 April 2023.
- ^ "David Nahmad, about art, Moscow and the Principality of Monaco". HelloMonaco. October 11, 2017.
- ^ a b c d Jackie Wullschlager. "Lunch with the FT: Helly Nahmad". Financial Times. Retrieved August 20, 2013.
- ^ "Gallerist Helly Nahmad Arrested For Suspected Gambling Related Money Laundering". April 17, 2013. 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.
- ^ rédaction, La (2015-07-26). "Monaco a la plus forte densité de milliardaires au monde". Var-Matin (in French). Retrieved 2023-11-23.
- ^ Bernstein, Jake. "The Art of Secrecy - The Panama Papers". OCCRP. Retrieved 2023-11-23.
- ^ "Denise Amon, September 29, 2013, Beloved wife of Dr. René Amon". Chicago Tribune. October 1, 2013.
Dear sister of Jacqueline (the late Raymond) Harari, Nadia (Albert) Chowaiki, Evelyn (Enrico) Matalan, Ezra (Marie) Nahmad, David (Colette) Nahmad and the late Albert (Arlette) Nahmad and Joseph Nahmad
- ^ Espinoza, Javier; Gross, Anna; Pooler, Michael (May 24, 2019). "How Greybull could yet profit from the British Steel 'tragedy'". Financial Times.
- ^ "David Nahmad, crazy collector". L'Observateur de Monaco. April 5, 2017.
External links
| International | |
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| National | |
Categories:
- 1945 births
- Living people
- Jewish art collectors
- Lebanese art dealers
- Lebanese expatriates in Italy
- Lebanese expatriates in Monaco
- Lebanese Jews
- Lebanese people of Syrian-Jewish descent
- Monegasque Jews
- Nahmad family
- Businesspeople from Beirut
- Monegasque people of Lebanese-Jewish descent
- Monegasque people of Syrian-Jewish descent
- Monegasque billionaires
- Lebanese emigrants to Monaco
- Safra family