An art collector is someone who collects art pieces that are created typically by famous artists. The reason art collectors select more well-known artists to be the crafters of the art they decide to buy is because the value of the art is much more than someone unknown. Art collecting is often more business-like in nature, although there are a few art collectors who choose pieces merely on how they personally like them. There are many fine art or contemporary art collectors in the world. Some have a more publicly known name and others keep a low key profile.
Adam Sender is one such well-known art collector. Mr. Sender was formerly the founder of the hedge fund company titled Exis Capital Management until he decided to close the business. From a fairly young age he was able to begin collecting his art, as he had much financial success as a hedge fund manager. With the help of his curator Todd Levin he collected contemporary art, starting in the mid-1990’s. He wished to collect pieces to decorate his business’s walls and to adorn walls in his many homes.
His extensive collection includes a range of works by the contemporary artists: Keith Haring, Martin Kippenberger, Dan Flavin, Frank Benson, Diana Al-Hadid, Jim Lambie, Urs Fischer, Sarah Lucas, Matthew Barney, Chris Ofili, Jenny Holzer, Mike Kelley, Barbara Kruger, Cindy Sherman, Richard Prince, Adam McEwen, Rashid Johnson, and Lucein Smith. Mr. Sender has stated that when finding art pieces he seeks out ones that are intellectually stimulating and visually appealing. He often selected his art pieces from artists that were right on the cusp of becoming very well-known, so his art pieces are worth much more now than what they were worth at the time he bought them.
After shutting down his business, Mr. Sender put a number of his art collection on auction in 2014. The net worth of the pieces he had placed on auction was worth about seventy million dollars and had art from about one hundred and thirty nine different artists.