Private Museums

Mr Margulies, who estimates he now owns around 4,500 works, is among the more respected of a growing group of collectors who choose to create independent spaces, rather than donating works to public museums, where it might stay in storage “for the first 15 years”, he said.

Read Lindsay Pollock and Georgina Adam discuss why the rise of the private museum is rewriting the rules of the market - in the Art Newspaper here.