Global pop superstars makes tons of cash, and since there are only so many mansions and cars you can buy, it’s no wonder that some of them sink their fortunes into art. The Hollywood Reporter has created a list of the entertainment industry’s “Top 25 Art Collectors,” and Madonna is on the list.
She got her art start in 1987, when she paid a million bucks for a painting by renowned artist Fernand Leger. Since then, she’s amassed more than 300 works, from big names such as Salvador Dali, Maxfield Parrish, Frida Kahlo, Damien Hirst and Man Ray. In 2000, she paid $4.7 million for a Pablo Picasso work, and her collection was appraised at more than $100 million in 2008. This year, she auctioned off one of her Legers for more than $7 million and donated the profits to support girls’ education in Afghanistan and Pakistan.
Source : ABC