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David Nahmad

David Nahmad

0% | $ 0M
D. Nahmad
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
78Y
Country
Monaco
Born On
January, 1947
Deceased
No
Relationship Status
Married
Children
3
Education

Unknown

Designation Info :

Self-Made
No
Type
Family Wealth (Massively Expanded)
Organization Name
Nahmad Family Collection
Title
Patriarch
Source

Art Dealing

Industry
Art, Investments

About D. Nahmad


D avid Nahmad is a Monaco-based billionaire and the patriarch of the Nahmad family, one of the most powerful and secretive art dealing dynasties in the world. Originally from a Syrian Jewish banking family in Aleppo, the family moved to Beirut and then Milan, where they began dealing in art. David, along with his brothers Ezra and Joseph, built the family's business into a dominant force in the international art market.

The Nahmads are famous for their unique strategy of buying art in bulk, particularly at auctions, and then holding the works for years or decades, effectively acting as market makers for certain artists. They are reputed to own one of the world's largest and most valuable private art collections, with a particular focus on Pablo Picasso. A significant portion of their collection is famously stored in a massive, high-security, duty-free warehouse in Geneva, Switzerland. David is also a former world backgammon champion, a game he has applied a similar analytical mindset to.

Quick Reads


  • A leading figure in the Nahmad family, one of the world's most powerful art dealing dynasties.
  • The family is thought to own one of the largest private collections of works by Picasso.
  • Known for their strategy of buying art in bulk and holding it for long-term appreciation.
  • A former world backgammon champion.
  • His family's vast art collection is partly stored in the Geneva Freeport.

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