One of the great things about being an avid art collector is getting to know artists. Not only do art collectors meet gallerists, museum directors, and other art world insiders, but collectors often become close with the artists they collect. That love for art and artists, combined with an often larger than life checkbook can actually be used for something quite good...
Craig Robins, an American art collector (and man behind Art Basel Miami Beach), has envisioned and is supporting a very large art residency in Miami (through the University of Miami). Every two years, 25 international artists would take part in the program, which hopes to be very non-traditional and is estimated to cost $7 million for the first 3 years.
