The Most Expensive Artworks That Celebrities Own
Michael Ovitz – “Presence” by Gisela McDaniel (Undisclosed)
In 2022, the former CAA chairman Michael Ovitz told CNBC that he likes to go “where the young developers are going,” praising the relevance of new phenomenons such as virtual coins. The L.A.-based businessman is spending a lot of his fortune online; in 2020, ARTNews reported that he bought about 20 pieces of art based on JPEGs alone!
Ovitz admitted buying art online was new to him, but unfortunately, 2020 wasn’t the best year to go out and visit art galleries. So he mainly invested in paintings by a young artist named Gisela McDaniel, including “Presence,” an oil on canvas artwork that also includes sound on USB.
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