EXPIRED: 09/27/09 – Don Fisher, 81, wanted to build a museum in San Francisco to house his art collection. It would have been larger than the city’s Museum of Modern Art. Instead he announced a partnership with SFMoMA. The next day he died.
How did he amass so much art?
In 1969 Fisher was a 41-year-old real estate developer trying to exchange a pair of Levi’s that didn’t fit. He couldn’t find a store in the city that carried his size. So they bought a small jean shop and called it the Gap — naming after the “generation gap.”
“I didn’t plan to go into the clothing business. I was just fortunate to have a bit of bad luck.” His bad luck turned into our love for Casual Friday’s which turned into big business for the GAP. Hence, lots of money for art.
In 2008, Forbes estimated his net worth at $1.3 billion.
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