Introduction to Private Art Collectors
The world’s history is rich in art patrons who created museums to spread Art to the world and bring visibility to artists. However, private collectors have increased in number for centuries for many reasons, and one of them is philanthropic.
North America and Europe detain the greatest numbers of private collectors.
Art collectors are a very special, relatively homogeneous subgroup within the general population, they are generally male, middle-aged and well educated. Their average age is 59. Most of them live in childless relationships and the vast majority collect contemporary art (and impressionist art coming in second). The more collectable items are paintings, work on paper and sculptures.
Some collectors even build private museums in order to display their private collection; overall there are 350 private museums that are located in 46 different countries.