The Hollywood Reporter Reveals the Industry's Top 25 Art Collectors
With his brand of hard-edged negotiation tactics, Ovitz is credited with bringing Hollywood to the art world. Mentored by renowned collector Barry Lowen, then SoHo's Mary Boone and later Pace Gallery's Arne Glimcher, Ovitz became the first major industry player to sit on the board at the Museum of Modern Art.
Ovitz amassed more than 1,500 critical works, from standard-bearers such as Pablo Picasso, Mark Rothko and Roy Lichtenstein to young guns Sterling Ruby, Carol Bove, Isa Genzken and Roe Ethridge. To house it all, he commissioned Michael Maltzan to design a perforated-steel villa in Benedict Canyon, which Ovitz completed in 2011. Visitors are treated to a view of his prized Jasper Johns, White Flag, which holds pride of place between a Robert Rauschenberg and a Willem de Kooning.
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