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This week marks the 25th anniversary of the installation of Wall Street's "Charging Bull," installed without permission during a four-and-a-half-minute break in a night watchman's rounds by sculptor Arturo Di Modica as a guerilla art piece and gift to the city.

Di Modica personally shelled out $350,000 to make his three-and-a-half-ton, 18-foot-long dream a reality, casting the bronze statue in his SoHo studio, transporting it on a flatbed truck, and covertly delivering it to the center of Broad Street, in front of a Christmas tree and the New York Stock Exchange.

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Wall Street has become one of art's biggest patrons, with the major corporate collections that some investment banks have gathered over the years.

J.P. Morgan, UBS, and Deutsche Bank were listed in Forbes' best corporate art collections in 2012. Deutsche Bank was included as the largest corporate art collection in the world.

And it's not just banks. Numerous Wall Street titans through history, including J.P. Morgan, Leon Black, and Robert Lehman, have also been active collectors in the art industry.

Published in News