The billionaire life brings with it many perks, but none so much as art—its appreciation and acquisition—which sets one extraordinarily rich scion apart from the other. Wealth can command business jets in the hangar and yachts in the marina, mansions—though none so much as Antilla—and retreats, cars and watches, and the accoutrements of a rich and richly-lived life. But jewellery, to an aesthetic soul, and art to an intellectual one, are major differentiators, conversation points and conversation stoppers; they separate the newbies from the patrons. Once personal collections are in place, the rollout of museums will inevitably begin—as has already happened—to be followed by the establishment of art trusts and foundations.
Parmeshwar Godrej: A home for Husain
Lakshmi Mittal: Rule Britannica
(This story appears in the 02 November, 2012 issue of Forbes India. To visit our Archives, click here.)
An independent art professional since last 11 years, I am working on my series of Nature Abstraction since 2006. With a serious dearth of appreciation for abstract art in India, or more precisely in Kolkata, I am fortunate enough to have been able to make a modest living out of my art for several years; have been getting support from collectors which has helped me to survive and meet ends somehow, but never thought of changing the style or theme of my works to subjects which are commercially more viable. Going through your article, I felt, as always, had I or artists like me, received some support from media and publications like yours, the journey could have been lot more comfortable. If you feel you may revert with a response. That will be delightful. Thanks and regards. Aditi Kolkata
on Jun 22, 2016This is much better way to spend your riches. They are supporting and encouraging art in India. Historically the art forms have been patronised by wealthy. I hope these collectors open their art collection to wider public in the form of museums which will in turn inspire young artists to create their master pieces or at least allow the people to enjoy good art. Good art museaums are hallmark of any great city and cultural landscape.
on Jul 9, 2013