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
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

the holiday gift guide 2013

DISCOVER THE LIST >
1

Sony DSC-QX100 Smartphone Attachable Lens

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

2

Flask Bangle by Cynthia Rowley

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

3

Carbon Fiber Ciclotte

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

Day

Keeping Up with JustLuxe
Like Us on FacebookFollow Us on TwitterRSS Feeds
Sign Up for Our Newsletter!
Current News & Features
MINI Reveals Augmented Reality Eyewear with X-Ray Tech
Miami Beach's Boutique Louver House is Almost Half Sold Out Already
Chef Sylvain Desbois Shares Hearty Duck Confit Recipe From St. Regis Mexico City
Meet Scandinavian-Designed Vifa, Our New Favorite Source for Wireless Tunes
Five S. Pellegrino Young Chef Judges On How to Break Into the Industry in Round Table Video
Property Envy Host Lists $1.5 Million Mid-Century Palm Springs Desert Oasis
Sky High $11.7M Miami Beach Penthouse Offers a Pneumatic Elevator and Posh Designer Fixtures
Headed to the Masters Golf Tournament? Here's Why You Should Fly Private
Will the 2005 Mouton Rothschild Outshine the Renowned 2000 Vintage? (and Should You Invest?)
Here is How to Create This Cover-Worthy Quinoa Salad From The Ranch at Live Oak Cookbook
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
The Brutal Deaths and Bright Afterlives: Catching Up With Our Favorite Dead Game of Thrones Characters
Mila Pantovich »
See More Contributors
THINGS WE LIKE