![]() When he opened the Sands Macao in 2004, the one million-square-foot casino was Macao’s - and China’s - first Vegas-like hotspot. He later knocked down (okay, imploded) the Sands to make way for The Venetian Resort Hotel Casino and later The Palazzo. He bought the Sands Hotel & Casino (a former Rat Pack hangout) in 1988 and soon after built the Sands Expo and Convention Center. ![]() The 26th richest man in America, Adelson made it to the top of this list by being one of the biggest developers in both Las Vegas and Macao. And we got to thinking: We’re always hearing so much about Bill Gates and Warren Buffett, but who are the biggest big shots in our world? The most recent Forbes 400 had most of the answers, though we went to the trouble of pulling out those who made a substantial portion of their fortunes in the hotel biz, and offering a little historical background on them to boot. The biggest bonuses on Wall Street.īut here at Oyster, we care about hotels. They buy to hold.Lists of the rich and famous are all over the Internet: The highest paid actors in Hollywood. They buy to the point that they can, and do, control a substantial chunk of the Warhol market. They do attend benefits, but they don't buy to show. As a family, they're reportedly charming, gregarious, and personally very generous. They keep it, mostly, in two warehouses, one in the U.S., and one in Switzerland. They exhibited a few pieces in Aby Rosen's Lever House a few years ago, where they occasionally lunch. It's a lot of art.īut it's a funny thing: unlike other major collectors around the world, they don't much loan it out to be seen, or donate it, at all, anywhere. The value of the Mugrabi collection is thought to be in the neighborhood of one very cool billion, if not more. Many of the Mugrabi's hundreds of Warhols were bought from the 1960s to the late 1980s when the getting was good. Hirst's circus-stunt take on death to wonder who might be wanting to buy a cow or a wolf or a goat soaking in formaldehyde, Jose, Alberto, and his brother David Mugrabi, are definitely your go-to collectors. In other words, if you ever cared enough about Mr. Which does not count the family's many Damien Hirsts, or their many Basquiats. ![]() For the last couple of decades in concert with his two sons, Mugrabi has amassed the world's largest collection of Warhols, numbered in 2009 at 800 and now thought to be at a mind-boggling 1000 works, second only to the collection of the Warhol museum in Pittsburgh. Born in Jerusalem, sent to work with an uncle in the cloth trade in Colombia, Jose moved his family to New York after he had made his money in fabric manufacture, to escape the deadly FARC rebels kidnapping sprees. Paterfamilias Jose Mugrabi is no less impressive a rainmaker. What an amazing weekend !!!! Love you to the moon and back and #hotelducap #tolby A photo posted by Jessica Hart on at 1:53am PDT Ergo, here's the trail of the marital money on both sides – what's in the genetic and financial trousseau, so to speak. Though they are nominally of the same or similar moneyed rungs on the ladder, the Jordans and the Mugrabis could not be more different in how they make their money, nor in how they dispense it. Her husband, until recently an international boulevardier, is a gregarious denizen of high-end art auctions who lives for the hunt. The bride is young, a recent graduate of New York University. It's a fact that unions at these levels of finance come with combustible freight. Jordan engineered layers of heavy and well-armed private security, including marksmen aboard two 24/7 patrol boats to intercept a possible waterborne attack on the storied hotel. The Nice attacks being just down the road from Antibes a few weeks ago, Mr. (Jay) Jordan, nor for that matter would it seem to disturb the groom's father, the self-made New York-based mega-collector Jose Mugrabi. Whatever its size, such a bar tab wouldn't much ruffle the father of the bride, the self-made Deerfield, Illinois-based industrialist and investor John W. Among the breathless dogs of the European and American tabloid press, estimates of the weekend's tab ranged wildly, from $5 million to $20 million. The history and wherewithal of the money buttressing the nuptial bliss is key. Hi, I am baker the new wedding crasher A photo posted by abyrosen on at 4:05am PDTīeyond the celebration, though, this wedding has created a big, two-family dynasty.
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