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In 1957, Giuseppe Nahmad settled in Milan where he started his art dealership. Two years later his parents and his younger siblings resettled in Milan. Giuseppe’s younger brothers, David and Ezra, joined the enterprise while still being teenagers in 1963. David and Ezra's own sons, both named Hillel,
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article credited the
Nahmads with stabilizing the auction business by buying art in bulk even during – or especially during – market downturns."They are like a major brokerage firm in the stock market; the market needs a force like this to function," said New York dealer Jeffrey Deitch.
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in 1995 for $ 2.6 million. They held it for twelve years and sold it for $ 30.8 million. In the 1970s, Nahmad bought several
Picassos at prices from $ 40,000 to $ 50,000 apiece. In the 1980s, Nahmad moved into the Japan market and continued buying art through 1989 downturn.
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on 23 November 2012. He was buried on 26 November 2012 in
Jerusalem, next to his parents and near his brother Albert. Most of his surviving siblings, and nearly all his nieces and nephews attended, though word of the patriarch’s death was not released to the media.
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who spoke French, Arabic and several other languages. Hillel Nahmad opened a branch of Nahmad & Beyda in Beirut, Lebanon, after he and his wife, Mathilde Nahmad, moved there in 1948. They had eight children: four boys (Albert, Giuseppe,
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Dear sister of
Jacqueline (the late Raymond) Harari, Nadia (Albert) Chowaiki, Evelyn (Enrico) Matalan, Ezra (Marie) Nahmad, David (Colette) Nahmad and the late Albert (Arlette) Nahmad and Joseph (Giuseppe)
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quoted allegations that the younger Nahmad brothers habitually changed the terms of their deals at the last minute. David Nahmad denied the allegations. The same
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220:. The exhibit generated some controversy as the museum was criticized for purportedly catering to the family’s broader business interests.
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119:. He amassed a multi-billion fortune in buying, selling, and collecting works of arts of 19th- and 20th-century artists.
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294:"Denise Amon, September 29, 2013, Beloved wife of Dr. René Amon"
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In 2011, part of the Nahmad collection was first shown at the
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During this period Ezra and David Nahmad opened galleries in
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155:Giuseppe Nahmad never married and had no children.
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348:"The Nahmad Collection: "An exciting experiment""
152:run galleries in New York and London currently.
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357:. Credit Suisse. Retrieved January 2, 2013.
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346:BrechbĂĽhl, Regula (October 13, 2011).
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127:Giuseppe Nahmad was born in 1932 in
329:Adams, Susan (December 24, 2007).
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256:"Lunch with the FT: Helly Nahmad"
103:(1932 – 23 November 2012) was an
202:In December 2007, an article in
174:Nahmad and his brothers bought
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424:Italian expatriates in Monaco
404:Syrian expatriates in Monaco
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271:Aspden, Peter (2012-12-21).
261:. Retrieved January 2, 2013.
29:1932 (age 91–92)
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228:Giuseppe Nahmad died in
101:Giuseppe (“Joe”) Nahmad
454:European Sephardi Jews
414:Italian art collectors
419:Syrian art collectors
331:"The Art of the Deal"
449:Asian Sephardi Jews
444:Syrian billionaires
384:Italian art dealers
302:. October 1, 2013.
135:. The Nahmads were
107:who specialized in
399:People from Aleppo
389:Syrian art dealers
163:Nahmad discovered
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86:David Nahmad
394:Syrian Jews
379:2012 deaths
374:1932 births
230:Monte Carlo
169:Wifredo Lam
91:Ezra Nahmad
48:Monte Carlo
368:Categories
279:2013-02-07
237:References
180:Jacqueline
117:modern art
105:art dealer
67:art dealer
64:Occupation
93:(brother)
88:(brother)
82:Relatives
72:Parent(s)
59:Jerusalem
351:Archived
275:. FT.com
50:, Monaco
176:Picasso
35:, Syria
335:Forbes
305:Nahmad
210:Forbes
205:Forbes
192:London
159:Career
129:Aleppo
123:Family
115:, and
33:Aleppo
224:Death
146:David
133:Syria
190:and
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26:Born
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