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
Related Topics : NewsGapLifestyle News
Share on Facebook Share
See Next Article
Related Articles
Featured Contributor
Tina StewartTina Stewart
Alright, so we know that the Rococo movement was a century prior to the Titanic's ill-fated voyage...
Read More | View Profile
The Best of Luxury
Event Calendar

the holiday gift guide 2013


Sony DSC-QX100 Smartphone Attachable Lens

Sony basically packed all the usual camera inner workings within the lens... more >


Flask Bangle by Cynthia Rowley

For the life of the party this Cynthia Rowley flask bangle holds three ounces... more >


Carbon Fiber Ciclotte

Designed and crafted in Italy, Ciclotte's luxury exercise bike models... more >


Keeping Up with JustLuxe
Like Us on FacebookFollow Us on TwitterRSS Feeds
Sign Up for Our Newsletter!
Current News & Features
Artist Sophie Kipner On the Unique Intimacy of Drawing Without Looking
Gucci's First Full-Service Restaurant Quietly Opens Above Boutique in Shanghai Mall
Secure One of Cobalt's First Ultra Private Jet With a $15k Deposit
Star-Studded Los Cabos Film Festival Combines Film and Adventure in 4th Year
Bring Out Your Inner Child With This Miniature Remote-Controlled Lexus RC F Sport Coupe
Add This Black Quinoa-Stuffed Acorn Squash Dish to Your Repertoire
Dazzle Holiday Guests With the World’s Most Glamorous $947k Christmas Tree Star
Thought the Tesla Model S Was Cool Before? Check Out Vilner's Customized Version
Range Rover Unveils World's First SUV Convertible With New $50k Evoque Model
Holiday Baking Championship Contestant Maeve Rochford Gives Us the Scoop On What TV Competitions Are Really Like
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
Artist Sophie Kipner On the Unique Intimacy of Drawing Without Looking
Carly Zinderman »
Star-Studded Los Cabos Film Festival Combines Film and Adventure in 4th Year
Mila Pantovich »
See More Contributors