Juan Abelló

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Juan Abelló
Born
Juan Abelló Gallo

1941 (age 79–80)
Madrid, Spain
EducationComplutense University of Madrid
Colegio del Pilar
OccupationBusinessman
Spouse(s)Ana Isabel Gamazo y Hohenlohe-Langenburg
Children4
Juan de Flandes, The Baptism of Christ, c. 1496-1499. Oil on panel. Part of the Abelló collection.

Juan Abelló Gallo (born 1941) is a Spanish billionaire businessman and art collector. In March 2021, Forbes estimated his wealth at $3.0 billion.[1]

Early life[]

Juan Abelló was born in 1941,[2] in Madrid,[3] the son of a pharmacist father, Juan Abello Pascual.[4] He has a bachelor's degree in pharmacy from the Complutense University of Madrid (1963),[5] and a doctorate in pharmacy (1978)[5] from Universidad Complutense de Madrid.

Career[]

In 1966 Abelló was appointed Managing Director of , the family group founded by his pharmacist father, Juan Abello Pascual, in 1919. In 1986, he led the disposal of Antibióticos and other family pharma assets (maintaining Alergia e Inmunología Abelló, S.A. and Alcaloides, S.A.) to Montedison.

In 1990 he founds Torreal, a family owned global investment firm with more than 25 portfolio companies, diversified across various segments and geographies.

Art collector[]

Abelló owns about 500 works of art, including pieces by Francisco Goya, El Greco, Edgar Degas, Pablo Picasso, Toulouse-Lautrec, Salvador Dalí, and Vincent van Gogh.[1][6]

Abello owns one of the last large triptychs painted by Francis Bacon, Triptych 1983 (1983), and a small triptych by Bacon, Three Studies for a Portrait of Peter Beard (1975).[7][8] Abello is the only Spanish art collector to own multiple pieces by Bacon.[7]

Personal life[]

Abelló is married to Ana Isabel Gamazo y Hohenlohe-Langenburg,[6] grand-daughter of Prince Max Egon of Hohenlohe-Langenburg. They have four children.[1] Abelló enjoys hunting and watching bullfighting.[1]

References[]

  1. ^ Jump up to: a b c d e "Forbes profile: Juan Abello". Forbes. Retrieved 11 June 2021.
  2. ^ http://www.sacyr.com/es_en/images/goberning_bodies_tcm30-9718.pdf
  3. ^ "First exhibition in U.S. of paintings from Juan Abelló Collection ends Aug. 2 - SMU". www.smu.edu. Retrieved 15 March 2018.
  4. ^ "El multimillonario Juan Abelló logra beneficios récord con el monopolio del opio en España". eldiario.es. Retrieved 15 March 2018.
  5. ^ Jump up to: a b interbanner.com. "Torreal". www.torreal.com. Retrieved 15 March 2018.
  6. ^ Jump up to: a b Kassam, Ashifa (5 November 2014). "One of world's best private collections gets public airing in Madrid gallery". the Guardian. Retrieved 15 March 2018.
  7. ^ Jump up to: a b "Triptych, 1983, exhibited in Dallas' Meadow Museum's 50th Anniversary celebrations". Francis Bacon.com. Archived from the original on May 25, 2015. Retrieved May 22, 2015.
  8. ^ "The Abelló Collection: A Modern Taste for European Masters". Meadows Museum. Retrieved May 22, 2015.
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