💰💰 The Sunday Times @thetimes
released its annual “Rich List”, an equally loved and hated pecking order of the wealthiest thousand people in the UK.💸
When it comes to the art world’s presence on the list, only two UK artists make rank: Damien Hirst and Anish Kapoor, who are still holding their places since last year. And while overall the riches have slumped for Britain’s 1 percent, plenty of art collectors still make the cut. The Russian-born, UK-based art collector. Mega-collector Charles Saatchi lost around £15 million ($18.29 million) in the past year, consequently sliding back from 830th place to 915th.⠀
In June, Hirst is set to open a major exhibition at the Fondation Cartier in Paris, which has been two years in the making and is still set to go ahead. Hirst, who once bragged about making “double lottery rollover weekends” of £40 million in a week, did not make any more money this year than he did last year, coming in at a comfy £315 million ($384 million).⠀
Meanwhile, Hugh Grosvenor, the Duke of Westminster, and his family—who have a collection of enviable masterpieces by the likes of Diego Velázquez and Rembrandt—have added to their wealth. The family, which is worth £10.3 billion ($12.56 billion), grew their assets by a rather staggering £195 million in the past year. ⠀
Poju and Anita Zabludowicz, who own the Zabludowicz Collection in London, have kept their books balanced this year. They are tied at 95th place with a cool £1.5 billion ($1.8 billion) in wealth. And renowned art collector Janet de Botton, known for collecting works by Carl Andre, Gilbert & George, Cindy Sherman, Roni Horn, and other artists, slid back a few spots from 606th on the list to 610th, despite a wealth of £200 million ($244 million).