Peter Ludwig.(art collector)(Obituary)

From: The Economist (US) | Date: August 3, 1996 | Copyright information

German chocolate magnate and art collector Peter Ludwig was both praised and reviled for he prodigious purchases of modern art. He donated many of his purchases to 30 different museums and encouraged the avant-garde. He also created inflated prices and supported dictators both on the right and the left.

HE PROBABLY bought more art than any other private collector since the second world war. He gave away many of his 20,000-plus purchases: 30 museums, all over the world, received major endowments, and 12 of them bear his name. He focused largely, though not exclusively, on contemporary ...

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