Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Art as ‘Panty Dropper’ or the Aging Playboy as Collector

September 17, 2013 by Marion Maneker

What’s the matter with charity auctions? Well, they attract buyers like Stewart Rahr who stood in the back of Leonardo DiCaprio’s 11th Hour sale bidding on anything that moved. See the cover lot Longo among the pictures accompanying this sad profile of the pharmaceutical distributor’s post liquidity event life:

Past the hallway with Picasso, Miro and Koons on the high floor of the Trump Park Avenue apartment building, you’ll find a sparse, cream-colored room with knockout Manhattan-skyline views that Rahr implies gets a lot of visitors. He calls it the “panty dropper.” You can learn a lot about someone by looking around his bedroom.

Above his king bed’s leather headboard Rahr shows off his most recent art acquisition, a painting depicting a reclined nude woman, those signature yellow sunglasses in hand, “Rah Rah Forever Young!” scrawled across her yellow skin, Basquiat-style.

Guns, Girls And Sex Tapes: The Unhinged, Hedonistic Saga Of Billionaire Stewart Rahr, ‘Number One King Of All Fun’(Forbes)

More from Art Market Monitor

  • Sotheby’s NY Old Master Week = $80mSotheby’s NY Old Master Week = $80m
  • Dealer Mark Weiss Defends His Frans HalsDealer Mark Weiss Defends His Frans Hals
  • Knoedler, Hammer Settle with de SolesKnoedler, Hammer Settle with de Soles
  • The Met's Michaelangelo?The Met's Michaelangelo?
  • Married to the MugrabisMarried to the Mugrabis
  • Old Masters Is the Safest Investment; Contemporary Offers the Best Prospect for ReturnOld Masters Is the Safest Investment; Contemporary Offers the Best Prospect for Return

Filed Under: Collectors

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...