12 Facts About Jose Mugrabi

1.

Jose Mugrabi was born on 1939 and is a Syrian Israeli businessman and art collector.

2.

Jose Mugrabi is the leading collector of Andy Warhol, with 800 artworks.

3.

Yosef "Jose" Mugrabi was born to a Syrian-Jewish family in Jerusalem.

4.

Jose Mugrabi's family managed a grocery store in Nahalat Ahim.

5.

At the age of 16, Jose Mugrabi went to Colombia to stay with relatives, and became involved in the textile business.

6.

Jose Mugrabi owned the world's largest collection of paintings by Andy Warhol, which are now owned by his sons.

7.

Jose Mugrabi owned the largest collection of Philippe Pasqua's paintings.

8.

The Jose Mugrabi art is stored in Zurich and near Newark, New Jersey.

9.

Jose Mugrabi's first purchase was a Renoir landscape, bought in 1982 for $121,000 on the advice of Deitch.

10.

In November 1988, at Sotheby's in New York, Jose Mugrabi set a new world record for Warhol's work when he purchased Marilyn Monroe for $3.96 million.

11.

Jose Mugrabi purchased Warhol's Men in Her Life, a painting based on an image of a young Elizabeth Taylor between husbands, for $63.3 million in 2010, the second-highest price paid for a Warhol at the time.

12.

In 2013, Mugrabi set a record for the most expensive work by a living artist, when he paid $58.4 million for Jeff Koons's Balloon Dog from Peter M Brant's collection at Christie's.