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

Art dealer in celebrity gambling ring gets 1 year jail

Manhattan federal Judge Jesse Furman on Wednesday sentenced the son of billionaire art dealer ­David Nahmad to a year and a day behind bars as a major player in a $100 million international gambling ring that drew celebrities like Leonardo DiCaprio and ...
Posted: May 1, 2014, 12:55 am

Lunch with the FT: Helly Nahmad

“People think, ‘Helly Nahmad, oh you have money ... where Joseph’s brothers Ezra (1945) and David (1947) are born. As children, they source and sell English novels to US sailors stationed in Lebanon. 1950s Joseph pursues a business career in Milan ...
Posted: July 19, 2017, 10:21 am

Billionaire's son and Hollywood poker madam face court along with 32 others accused of running illegal gambling ring for wealthy celebrities and executives

Nahmad is the son of David Nahmad, who is perhaps the most high-profile art dealer and collector in the world, with a fortune estimated at $3 billion The Helly Nahmad Gallery, which is owned by Helly Naham, carries works by the likes of Wassily Kandinsky ...
Posted: April 19, 2013, 1:23 pm
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