Three major Mexican collectors
Posted on January - 24 - 2017
Agustín Coppel and Rafael Moreno Valle. Photo Courtesy: retodiario.com
It goes without saying that the year 2016 is being received with hesitation and the political situation in the United States is creating ripples that affect the whole world, especially many countries will be faced with critical decisions and tactics to avoid the falling in deep waters. As a next-door-neighbor, Mexico is sure to have stormy days ahead, with its currency plummeting to the floor, uncertainty is in the air. Conventional wisdom often tells us that when times are tough, luxury goods go down the priority list, but evidence shows that sometimes that’s not the case, especially for the ones who are at the top of the pyramid. Among the 200 most prominent international collectors, ranked by ARTnews magazine, Mexicans appear on the list of Latin America’s most eager and constant patrons.
María Asunción Aramburuzabala
On her 4th appearance in ARTnews list, Aramburuzabala is notably private about her collection. There is not much information about it, just her regular appearances at the major fairs, the main one being Art Basel, Miami. If you happen to like a Corona beer on a hot day, then you would be in debt to her family, the founder of Grupo Modelo. Since the empire changed hands in 2013 for a modest US$20 billion, her net worth is valued at US$ 5 billion, making her the 5th richest Mexican. Hopefully her interest in art will take her to venture in patronage, promoting art in other ways, but for now, we can only guess what treasures she secretly holds in her multistory penthouse in Miami Beach.
María Asunción Aramburuzabala. Photo Courtesy: forbes.com.mx
Isabel and Agustín Coppel
The popular saying “two heads think better than one” is true when it comes to constructing a significant selection of artworks and many power couples top the lists as big contributors to the arts. The Mexican couple Isabel and Austin Coppel started their collection in the early 90’s, and now it boasts more that 500 by local and international heavy-hitters. A wide range of artists like Mexicans Gabriel Orozco, Abraham Cruzvillegas, Damian Ortega, Melanie Smith and international artists such as Lygia Clark, Ed Ruscha, Helio Oiticica, Dan Flavin, Bill Viola and others can be found among the carefully thought assortment.
Isabel and Austin Coppel. Photo Courtesy: ARTnews.com
Eugenio López Alonso
If this name rings the bell, it’s because Mr. López Alonso, the sole heir to the Jumex fruit juice empire, has been topping the lists since the late 90’s thanks to his impressive collection spanning more that 2,500 artworks and his contributions to art programs in Mexico and abroad. His biggest project is Museo Jumex, with works by international superstars such as Doug Aitken, Olafur Eliasson, Gabriel Orozco and much more. His other accomplishments include the gallery Chac Mool in West Hollywood who ran until 2006 and his involvement with the Museum of Contemporary Art in Los Angeles. In times of turmoil, the Jumex Museum is one of those institutions that will hold its ground and survive until better days come along.
By: Gabriela Martínez de la Hoz
Eugenio López Alonso. Photo Courtesy: wsj.com