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
Jared Paul SternJared Paul Stern
Oracle billionaire Larry Ellison is set to have a busy summer. In addition to prepping his Oracle...
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
Circuit-Ready Renovo Coupe is the First All-Electric American Supercar, Boasts 0-60 in 3.4
Indie Artist Allman Brown Should Be Next On Your List of Music Finds
Black Caviar Company Becomes First to Offer Previously Illegal Russian Osetra to the U.S.
Landscape Designer Keith Williams Talks Million-Dollar Gardens & Shark Tanks That Double As Guest Houses
Need a Gift Idea? How About a Private Dinner in the Tower of London While Surrounded by 12,000 Diamonds?
What's Cooler Than a Bluetooth Speaker? One That Floats!
Epic Milkshakes and Fabulous Floats to Cool You Off During Summer Months
Richard Branson-Approved Luxury Bespoke Backgammon Boards For Game Night
Top 10 Most Expensive Celebrity Cars May Surprise You
Take Your Pictures to the Next Level With This Fancy Bent-Laminated Curly Mahogany Camera
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
Indie Artist Allman Brown Should Be Next On Your List of Music Finds
Nicolle Monico »
O Captain! My Captain! Robin Williams Will Be Missed
Mila Pantovich »
Is Outlander Starz's Answer to Game of Thrones? Network Premieres Epic New Series at San Diego Comic-Con
Courtney Driver »
See More Contributors
THINGS WE LIKE