Home LifeStyle  Arts & Culture Art Collector & Gap Founder, Donald Fisher, Dies at 81

Art Collector & Gap Founder, Donald Fisher, Dies at 81

Posted: Oct. 8th, 2009  |  By Ruth MitchellCEO | BuyOutsideTheBox.com
RSS Syndicated News Email a Friend Suggest an Article Share Visit Website
Arts & Culture: Just as the dust was settling on the relocation of Gap founder Donald Fisher's contemporary art collection to a new wing at the San Francisco Museum of Modern Art, Fisher died from of cancer at his San Francisco home. He was 81.

After giving up a controversial plan to build a private museum in the Presidio, a national park, Fisher and his wife, Doris, settled on a plan to loan the collection, one of the world's great collections of modern art -- 1,100 works by major contemporary figures like Calder, de Kooning, Diebenkorn, Warhol and Lichtenstein, as well as living artists Cy Twombly, and Brice Marden -- to the SFMOMA. Under the agreement, the Fishers, will create a 25 year renewable trust to oversee the care of the collection, and an expansion intended to triple the institution's gallery space will house the collection as well as art from the museum's holdings.

The couple began their retail dynasty in 1969 with no retail experience when Fisher and his wife tried to exchange a pair of men's Levis that didn't fit and couldn't find a store in the city that sold the size they wanted. Fisher, a San Francisco native, was a 41-year-old real estate developer at the time. They invested $63,000 in a retail outlet on Ocean Avenue, calling it the Gap, Doris Fisher's shortened version of "generation gap," in August 1969. Today the Gap has more than 134,000 employees at 3,100 stores in 25 countries, with sales of $14.5 billion in fiscal 2008.

By Ruth Mitchell
JustLuxe Contributor
BuyOutsideTheBox.com
Related Topics : NewsGapLifestyle News
Share on Facebook Share
See Next Article
Write a Story/Review about Donald Fisher

Post a Comment

 
Related Articles
Featured Contributor
Rana BabacRana Babac
Less than a year ago the famed İstiklal Street of Istanbul stood witness to the acts of...
Read More | View Profile
The Best of Luxury
Event Calendar
Keeping Up with JustLuxe
Like Us on FacebookFollow Us on TwitterRSS Feeds
Sign Up for Our Newsletter!
Current News & Features
Kick Start Your NYE Resolutions With Juicepresso's Cold-Pressed Juicer
This Ultra Luxury Car Sharing Program Lets You Drive a Whip 100 Days of the Year
Ring in the New Year Aboard a 2014 Dyna 52 Yacht
Macallan Partners With Fashion Icon Mario Testino For New $3K Masters of Photography
Limited Edition Moët & Chandon Nectar Impérial Rosé Champagne is Covered in 22-Karat Gold Leopard Spots
Our Favorite Stars React to Their Golden Globe Nominations!
Canine Royalty Wants to Get Your Pooch Runway Ready!
Turn Your Home Into a Winter Wonderland With the Balsam Gazebo Candle
Nick Offerman Hilariously Schools Us On Fine Scotch Whisky in New Video Series
La Quinta Resort is Blown Away By JBF Rising Star Semi-Finalist Chef Ruiz in Taste of Waldorf Astoria
See the complete list

Best of Luxury

Finding the best in luxury can be a daunting task, which is why we've taken it on for you.
View All Best of Luxury
LivingLuxe. Exclusive Deals and Luxury Brands. Learn More
JustLuxe Galleries presents Popular Photo Galleries
Meet Our Writers Become a Contributor
Yoko Ono Finally Gets Official Show at MoMA, Shows Painting to Be Stepped On (Also No Flies This Time)
Mila Pantovich »
Katey Sagal and Jimmy Smits Spill their Guts on the Sons of Anarchy Series Finale (SPOILERS)
Vicki Arkoff »
Indie Watch: Wildcat! Wildcat! is the Next Band You Need to Obsess Over
Courtney Driver »
See More Contributors
THINGS WE LIKE