Tycoon Gives Hamilton Museum $50 Million Art Collection

Toronto tycoon Joey Tanenbaum is donating $50 million worth of 19th Century European art to the Art Gallery of Hamilton. “Tanenbaum, a contrarian investor in art as in business, has amassed a flamboyant collection that probes some of the more eccentric corners of art production in that period. Since the 1980s, the pendulum has swung in art scholarship of the period, with interest turning from the well-known work of the Impressionists to the works of French academic and salon painters such as Jean Léon Gérôme and William Bouguereau, as well as Symbolists Odilon Redon and Gustave Doré, and the marketplace has followed suit.”