Displaying items by tag: tycoon

The Meadows Museum at the Southern Methodist University in Dallas has acquired an album of drawings, photographs and letters amassed by the sugar tycoon and art collector William Hood Stewart. Stewart was an avid collector of European art and the Modern Spanish School and his holdings include correspondence with artists such as Jean-August-Dominique Ingres (1780-1867) and Jéan-Léon Gerôme as well as with fellow collectors. The Meadows Museum acquired the album from New York’s Spanierman Gallery for an undisclosed amount.

The collection will be presented at the Meadows Museum in the exhibition The Stewart Album: Art, Letters and Souvenirs to an American Patron in Paris from August 25 through November 10, 2013. While Stewart had a sizable estate in his hometown of Philadelphia, he spent much of time in Paris, socializing with the artists he so admired. Stewart’s unique collection provides a glimpse into the careers, personal lives and artistic developments of a number of important European artists.

In 1898, Seven years after Stewart’s death, his collection was broken up at an auction and paintings were dispersed among the Metropolitan Museum of Art, the Walters Art Museum in Baltimore, the Museum of Fine Arts in Boston and a handful of other institutions. The Meadows Museum is planning to organize an exhibition that will reunite parts of Stewart’s collection that were separated over 100 years ago.

Between 1938 and his death in 1956, G. David Thompson, a steel tycoon and passionate art collector made a number of sizable donations to his alma mater, Peru High School in Indiana. Thompson’s generous gifts were in honor of his art teacher, John Whittenberger, who inspired the former troublemaker to change and his ways and helped set him on the path that led to his eventual success.

Thompson graduated from Peru High School in 1913 and established his own investment banking company in Pittsburgh during the Great Depression. By 1945, he was at the helm of four steel companies in the city. With ample funds, Thompson became a fervent art collector, often buying works by unknown artists who went on to become quite established. His multi-million dollar collection included works by Paul Klee (1879-1940), Georges Braque (1882-1963), Claude Monet (1840-1926), Henri Matisse (1869-1954), Jackson Pollack (1912-1956), Piet Mondrian (1872-1944), Paul Cézanne (1839-1906), Vincent van Gogh (1853-1890), Alberto Giacometti (1901-1966), and Edgar Degas (1834-1917).

While Thompson made a number of donations to major museums, he ultimately gifted 75 paintings and prints, one sculpture, and 54 pieces of oriental pottery to Peru High School. The exhibition Hidden Treasures: The John Whittenberger Collection of G. David Thompson at Peru High School at the Fort Wayne Museum of Art features a portion of the dozens of works Thompson sent to Whittenberger. Works on view include pieces by William Merritt Chase (1849-1916), Salvador Dalí (1904-1989), and Pablo Picasso (1881-1973). Hidden Treasures is on view through February 24, 2013.