The Wall Street Journal magazine has a profile of Larry Gagosian. It turns out that even Gagosian is not immune to the temptation to preserve his own art collection after he’s gone:
When asked about the future, Gagosian laughs, saying, “Gagosian is going to go on forever!” He has begun to implement structural changes to help the gallery continue through the 21st century, though, he says, “It’s not easy in this business, because it’s very much about me or whoever that me is.” As for his personal art collection, stuffed with pieces ranging from Warhol to Mondrian, which some friends value at $1 billion, he has not yet made any decisions. “I really have a terrific collection of art,” he says. “And I could sell the majority of it very quickly for a lot of money. But I hope I’m going to do something more interesting than just sell it, because it took a lot of time to put it together, and it would be nice to see it exist somewhere else.”
The Art of Larry Gagosian’s Empire (WSJ)