David Nahmad Net Worth is$3 Billion
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Date of Birth: 1947
Net Worth: View David Nahmad Net Worth
What is David Nahmad's net worth? David Nahmad's net worth is $3 billion dollars which makes him the richest person in Monaco. Born in Beirut, Lebanon, David Nahmad currently resides with his family in Monaco. He and his two brothers, own a vast collection of fine art, which is widely believed to be the most valuable collection of art in the world. Their collection includes approximately 4,500 works of art, including paintings, sculptures, and other pieces by such luminaries as Renoit, Matisse, and Picasso. In fact, they currently have 300 works by Picasso in their collection. The majority of the art is stored in a facility near the airport in Geneva, Switzerland. They have amassed their fortune from buying and selling the pieces at profit. They are also involved in extensive currency and commodities trading. In addition to having an eye for art, David Nahmad is also the 2006 Backgammon World Champion, and is known for betting incredibly large amounts of money on the game.
David Nahmad (b. 1947, in Beirut,Lebanon) is a fine art dealer and billionaire. A descendant of a Jewish Lebanese art family residing in Monaco, he and his relations are perhaps the single biggest buying force in fine art. As of 2011, David Nahmad and his family's net worth was estimated at $3 billion, ranking him with his family at 376 on Forbes Billionaires list.

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David Nahmad Latest News

Abstract Painter Hans Hartung Is Having a New York Moment

German-French abstract painter Hans Hartung is getting his first major New York exhibition ... A selection of the late artist’s work is currently on display in simultaneous gallery shows at Nahmad Contemporary in the Upper East Side and at Perrotin ...
Posted: January 16, 2018, 7:17 am

Malaysia 1MDB Scandal: Art Dealer David Nahmad Claims Seized Monet Painting Allegedly Owned By Jho Low, Report Says

As the U.S. Department of Justice continues to seize assets it believes were bought through funds allegedly misappropriated from Malaysia's state-run fund 1MDB, an art dealer has now claimed that one of the seized paintings actually belongs to him, the ...
Posted: October 20, 2016, 1:14 am

Panama Papers: Disputed £17m Modigliani painting sequestered in Geneva

An art dealer's estate wants the art-collecting Nahmad family to return the Amadeo Modigliani work, which it claims the Nazis seized in World War Two. The family said International Art Center (IAC) held the work. The papers showed David Nahmad owned that ...
Posted: April 11, 2016, 10:03 am
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