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Most billionaires own art: The average billionaire holds $31 million — or .5% of their net worth — in art, according to Wealth-X, a wealth intelligence firm.
But the world's top billionaire art collectors take their hobby to the next level. Wealth-X identified the top 10 billionaire art collectors, who have an average of 18% of their net worth invested in art.
Of the top 10, luxury goods tycoon Francois Pinault is the wealthiest, with around $1 billion of his $9.9 billion net worth is tied up in art. And Hollywood mogul David Geffen has the most valuable collection, with around $1.1 billion worth of art.
#10 Samuel Irving Newhouse Jr. owns $700 million worth of art
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Net worth: $7.1 billion
% net worth invested in art: 9.9%
The 85-year-old "Si" Newhouse is the chairman and CEO of Advance Publications, which owns Condé Nast.
He was the original owner of Jackson Pollock's "No. 5, 1948," which was later sold to David Geffen.
#9 Leon Black owns $750 million worth of art
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Net worth: $3.4 billion
% net worth invested in art: 22.1%
Black is the founder of Apollo Global Management.
In 2012, he was revealed as the buyer of Edvard Munch's The Scream, for which he paid $120 million.
His collection includes Old Masters, Impressionism, modern painting, Chinese sculpture, and contemporary art, and he sits on the boards of the Metropolitan Museum of Art and the Museum of Modern Art.
#8 Doris F. Fisher owns $800 million worth of art
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Net worth: $2.3 billion
% net worth invested in art: 34.8%
Fisher started The Gap with her husband in 1969.
She owns more than 1,000 works, including many by Andy Warhol, Roy Lichtenstein, and others.
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