Ezra Nahmad (born 1945) is a Monegasque

billionaire A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...

art dealer and collector. He lives in

Monte Carlo, Monaco Monte Carlo (; ; french: Monte-Carlo , or colloquially ''Monte-Carl'' ; lij, Munte Carlu ; ) is officially an administrative area of the Principality of Monaco, specifically the ward of Monte Carlo/Spélugues, where the Monte Carlo Casino is ...

. As of August 2021, his net worth is estimated at US$1.5 billion.

Background

Ezra was born in

Beirut Beirut, french: Beyrouth is the capital and largest city of Lebanon. , Greater Beirut has a population of 2.5 million, which makes it the third-largest city in the Levant region. The city is situated on a peninsula at the midpoint o ...

, Lebanon to a Sephardic Jewish family. The roots of the Nahmad family are in Aleppo, where his father, banker Hillel Nahmad lived until just after World War II. Following the Syrian

anti-Jewish Antisemitism (also spelled anti-semitism or anti-Semitism) is hostility to, prejudice towards, or discrimination against Jews. A person who holds such positions is called an antisemite. Antisemitism is considered to be a form of racism. Antis ...

violence in 1949, his father moved to Beirut, where Ezra and his brothers sold English novels to US sailors stationed there. In the early 1960s, With the rise of Israeli threat against the

Lebanese Republic Lebanon ( , ar, لُبْنَان, translit=lubnān, ), officially the Republic of Lebanon () or the Lebanese Republic, is a country in Western Asia. It is located between Syria to the north and east and Israel to the south, while Cyprus lie ...

, Ezra's father took him and his brothers, Joseph (Giuseppe) and

David David (; , "beloved one") (traditional spelling), , ''Dāwūd''; grc-koi, Δαυΐδ, Dauíd; la, Davidus, David; gez , ዳዊት, ''Dawit''; xcl, Դաւիթ, ''Dawitʿ''; cu, Давíдъ, ''Davidŭ''; possibly meaning "beloved one". w ...

, to

Milan Milan ( , , Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its metropolitan city h ...

, Italy. As teenagers, the three began to deal in art, and skipped school to trade on the Italian stock market.

Career

Ezra's first career milestone is believed to have taken place at a

Juan Gris José Victoriano González-Pérez (23 March 1887 – 11 May 1927), better known as Juan Gris (; ), was a Spanish painter born in Madrid who lived and worked in France for most of his active period. Closely connected to the innovative artistic ge ...

exhibition in

Rome , established_title = Founded , established_date = 753 BC , founder = King Romulus (legendary) , image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg , map_caption ...

, organized by cubist dealer Daniel-Henry Kahnweiler. Ezra and his brother bought two works – the only pieces sold. Kahnweiler befriended them, selling them works by

Picasso Pablo Ruiz Picasso (25 October 1881 – 8 April 1973) was a Spanish painter, sculptor, printmaker, ceramicist and Scenic design, theatre designer who spent most of his adult life in France. One of the most influential artists of the 20th ce ...

Braque Georges Braque ( , ; 13 May 1882 – 31 August 1963) was a major 20th-century List of French artists, French painter, Collage, collagist, Drawing, draughtsman, printmaker and sculpture, sculptor. His most notable contributions were in his all ...

, and Gris. With the emergence of the

Red Brigades The Red Brigades ( it, Brigate Rosse , often abbreviated BR) was a far-left Marxist–Leninist armed organization operating as a terrorist and guerrilla group based in Italy responsible for numerous violent incidents, including the abduction ...

terror group in the 1970s, Milan was perceived as too dangerous, and the family moved again. Ezra and his brother Joseph headed for Monaco, and David to New York City. As of 2013, Ezra and his brother David are considered influential "mega-dealers" of modern and impressionist art by the most well-known names, from

Monet Oscar-Claude Monet (, , ; 14 November 1840 – 5 December 1926) was a French painter and founder of impressionist painting who is seen as a key precursor to modernism, especially in his attempts to paint nature as he perceived it. During ...

and

Matisse Henri Émile Benoît Matisse (; 31 December 1869 – 3 November 1954) was a French visual artist, known for both his use of colour and his fluid and original draughtsmanship. He was a draughtsman, printmaker, and sculptor, but is known prima ...

Renoir Pierre-Auguste Renoir (; 25 February 1841 – 3 December 1919) was a French artist who was a leading painter in the development of the Impressionist style. As a celebrator of beauty and especially feminine sensuality, it has been said that "Re ...

and

Rothko Mark Rothko (), born Markus Yakovlevich Rothkowitz (russian: Ма́ркус Я́ковлевич Ротко́вич, link=no, lv, Markuss Rotkovičs, link=no; name not Anglicized until 1940; September 25, 1903 – February 25, 1970), was a Latv ...

. They own an inventory of between 4,000 and 4,500 works, stored in the duty-free

Geneva Freeport Geneva Freeport () is a warehouse complex in Geneva, Switzerland, for the storage of art and other valuables and collectibles. It is the oldest and largest freeport facility, and the one with the most artworks, with 40% of its collection being a ...

warehouse next to the airport in

Geneva Geneva ( ; french: Genève ) frp, Genèva ; german: link=no, Genf ; it, Ginevra ; rm, Genevra is the List of cities in Switzerland, second-most populous city in Switzerland (after Zürich) and the most populous city of Romandy, the French-speaki ...

, Switzerland. The brothers buy and sell most of their works at auction. In 2007, ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

'' estimated that Ezra, together with his brother

have built an art collection worth $7 to 8 billion.

Personal life

Nahmad is married to Marie Nahmad, resides in

Monaco Monaco (; ), officially the Principality of Monaco (french: Principauté de Monaco; Ligurian: ; oc, Principat de Mónegue), is a sovereign city-state and microstate on the French Riviera a few kilometres west of the Italian region of Lig ...

, and has four children. His son Helly Nahmad is a London-based art dealer. In 2007, his daughter Michaela Nahmad was "thought to be embarking on a career as an art dealer" and is married to investor Nathaniel Meyohas. His cousin is Brazilian banker

Edmond Safra Edmond J. Safra ( ar, ادموند يعقوب صفرا; 6 August 1932 – 3 December 1999) was a Lebanese-Brazilian banker who continued the family tradition of banking in Brazil and Switzerland. He was married to Lily Watkins from 1976 until ...

References

External links

*
Collection David et Ezra Nahmad. Impressionnisme et Audaces du XIXe Siècle
{{DEFAULTSORT:Nahmad, Ezra 1945 births Living people Jewish art collectors Lebanese art dealers Lebanese expatriates in Italy Lebanese expatriates in Monaco Lebanese Jews Lebanese people of Syrian-Jewish descent Monegasque Jews

Ezra Ezra (; he, עֶזְרָא, '; fl. 480–440 BCE), also called Ezra the Scribe (, ') and Ezra the Priest in the Book of Ezra, was a Jewish scribe (''sofer'') and priest (''kohen''). In Greco-Latin Ezra is called Esdras ( grc-gre, Ἔσδρας ...

Businesspeople from Beirut Monegasque people of Lebanese-Jewish descent Monegasque people of Syrian-Jewish descent Monegasque billionaires Lebanese emigrants to Monaco Safra family