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
Howard L. RehsHoward L. Rehs
This past month we participated in the American International Fine Art Fair; one of the best in the...
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
Will This $1,000 App Keep You From Upgrading to the iPhone 6?
Princess Yachts Unveils the Sleek and Speedy Princess 30M
The Incredible Sound & Durability of V-MODA XS Headphones
Comedian Bill Cosby Gives Voice to African-American Artists By Loaning His Massive Art Collection to the Smithsonian
Gurkha Cigars Insures 9,000-Square-Foot Humidor Valued Over $5M
Vintage Wine Weekend at Four Seasons Maui: A Connoisseurís Dream Come True
The Drop Is Worth the Film Festival Hype & So Much More
While Safety Comes First, High-Tech Features are a Close Second in the Skully AR-1 Helmet
The Future of Wine: 3 Hot Trends You Need to Know About
Karina Wiciak Unveils New Fairytale Bathroom Restaurant Design
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
Comedian Bill Cosby Gives Voice to African-American Artists By Loaning His Massive Art Collection to the Smithsonian
Djani Schafer »
The Drop Is Worth the Film Festival Hype & So Much More
Mila Pantovich »
Indie Artist Allman Brown Should Be Next On Your List of Music Finds
Nicolle Monico »
See More Contributors
THINGS WE LIKE