El Confidencial article by Fátima Martín. The art market continues to be a favorite terrain for Spain's largest estates . Traditional entrepreneurs such as the Koplowitz sisters and Juan Abelló share the spotlight with real estate magnates who have invested part of their fortunes in high-value collections. Joaquín Rivero (Metrovacesa) has more than 300 works by Velázquez and Goya, while Manuel Jove (formerly Fadesa) has donated his 500-piece collection, including works by Picasso, to the María José Jove Foundation.
In Catalonia, the Suñol Foundation exhibits around 1,200 works of contemporary art, and in Madrid, the Feima de Jesús Rey Foundation promotes Galician art with its "Senda de Pedra" exhibition.
For high net worth individuals, art also serves as an investment . According to consulting firms such as the international consultancy Arte Global, the appreciation of pieces can reach between 11 and 20%, and sectors such as photography and multimedia art are experiencing significant growth . Furthermore, some companies use their collections for tax purposes, such as Abertis, which acquired a Picasso later loaned to the MNAC through a payment in kind.
The phenomenon reflects how the "new rich" of the real estate industry seek to combine prestige, personal taste, and financial diversification, consolidating art as a strategic asset in Spain.
