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

$157 Million for a Modigliani Raises Hardly Any Eyebrows

“You cannot find any more masterpieces,” said the dealer David Nahmad, adding of Sotheby’s, “Considering what they had, they did well.” Although it was the highest auction price ever for a work sold at Sotheby’s, equally noteworthy is that the ...
Posted: May 15, 2018, 6:29 am

Leonardo DiCaprio BFF Helly Nahmad, Jailed for a Year in Gambling Sting, May Face Twist in Probation Ending Next Week

Nahmad got out of jail on December 8 ... One member of the Wolf Pack is–and that may now be past tense–magician David Blaine. Blaine was the subject of a 2017 Daily Beast story in which he was accused of rape by model Natasha Prince just two weeks ...
Posted: May 9, 2018, 2:16 pm

Sold for $115 Million, David Rockefeller’s Picasso Will Go on View at the Musee d’Orsay

The Nahmad family did not immediately respond to artnet News ... who bought the work directly from the artist’s studio. In 1968, David Rockefeller formed a consortium of collectors to acquire the Stein collection. Each put his name into a felt hat ...
Posted: May 14, 2018, 10:47 am
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