How to Turn a $100 Print into a $20m Collection

Jorge Perez is getting his moment in the sun in the run-up to the opening of the Miami Art Museum. Portions of his collection of Latin American art are on display in the old venue before the opening of the new museum, which bears his name, on Biscayne Bay that will open at the end of the year:

It was purchased when Perez was still a young student in New York, years before he became a billionaire developer and the man Time Magazine dubbed the “Donald Trump of the tropics.”

“It was a Miró.  A Miró lithograph.  It cost me $100,” says Perez, with another chuckle.  “I still have it in my office.”

How A Miami Billionaire’s $100 Print Became A $20 Million Collection (WLRN)