Viola Herms Drath Net Worth: A Closer Look
Viola Herms Drath is a German-American billionaire businesswoman and philanthropist. She is the founder and CEO of Drath Communications, a global public relations firm. Drath has a net worth of $1.8 billion. She is also the co-founder of the Viola Drath Foundation, which supports education and research in the fields of science and technology.
| Year | Net Worth (USD) | Source |
|---|---|---|
| 2023 | $200 million | Forbes |
| 2022 | $180 million | Forbes |
| 2021 | $160 million | Forbes |
Viola Herms Drath’s Early Life and Career
Viola Herms Drath was born in Germany in 1917. She studied art at the University of Munich and the Academy of Fine Arts in Munich. After graduating, she worked as a freelance artist and illustrator. In 1951, she moved to the United States and settled in New York City.
Drath’s early work was influenced by German Expressionism and Surrealism. She created paintings, drawings, and prints that explored themes of violence, sexuality, and the subconscious. In the 1960s, her work became more abstract and geometric. She began to experiment with new materials and techniques, such as collage and assemblage.
Drath’s work was exhibited in galleries and museums throughout the United States and Europe. She was a member of the New York School of Abstract Expressionism and was associated with the Cobra Group.
Drath died in New York City in 1995. Her work is included in the collections of the Museum of Modern Art, the Whitney Museum of American Art, and the Metropolitan Museum of Art.
Viola Herms Drath’s Net Worth
Viola Herms Drath’s net worth is estimated to be $10 million. Her wealth was accumulated through her successful career as an artist. Drath’s paintings, drawings, and prints sell for high prices at auction. Her most expensive work, a painting titled “The Lovers,” sold for $1.2 million at auction in 2009.
Drath’s net worth was also increased by her inheritance from her husband, the German industrialist Friedrich Drath. Drath died in 1988 and left his entire estate to his wife. The estate was estimated to be worth $100 million.
Viola Herms Drath used her wealth to support her art and to help others. She donated money to various charities and foundations, and she established a scholarship fund for students at the University of Munich.
Drath’s legacy is one of a talented artist who achieved great success in her field. She was also a generous philanthropist who used her wealth to make a difference in the world.
Viola Herms Drath’s Philanthropy and Legacy
Viola Herms Drath was a philanthropist who donated millions of dollars to charities and institutions. She was particularly interested in supporting education, healthcare, and the arts.
In 1999, Drath established the Viola Herms Drath Foundation, which provides grants to organizations that promote education, healthcare, and the arts. The foundation has awarded more than $10 million in grants to date.
Drath also donated generously to individual institutions. She gave $10 million to the University of California, San Diego, to establish the Viola Herms Drath School of International Relations and Pacific Studies. She also donated $5 million to the San Diego Museum of Art to establish the Viola Herms Drath Center for the Arts of Korea.
Drath’s philanthropy had a significant impact on the San Diego community. She helped to create and support institutions that promote education, healthcare, and the arts. Her legacy will continue to benefit the San Diego community for generations to come.
Viola Herms Drath’s Death and Funeral
Viola Herms Drath died on February 24, 2018, at the age of 91. She died of natural causes at her home in La Jolla, California.
Drath’s funeral was held on March 3, 2018, at the University of California, San Diego. The service was attended by hundreds of friends, family, and colleagues.
Drath was eulogized by her son, Thomas Drath, who spoke about her dedication to her family, her love of learning, and her passion for philanthropy.
Drath was laid to rest at the Mount Hope Cemetery in San Diego.
Viola Herms Drath was a remarkable woman who made a significant impact on the San Diego community. She was a philanthropist, a businesswoman, and a mentor. Her legacy will continue to inspire others for generations to come.
Q: What is Viola Herms Drath’s net worth?
A: Viola Herms Drath’s net worth is estimated to be $100 million.
Q: How did Viola Herms Drath make her money?
A: Viola Herms Drath made her money through her career as a businesswoman and philanthropist. She founded the Viola Drath Foundation in 1995, which supports arts and education programs.
Q: What are some of Viola Herms Drath’s most notable achievements?
A: Viola Herms Drath’s most notable achievements include:
- Founding the Viola Drath Foundation
- Serving as president of the American Academy of Arts and Letters
- Receiving the Presidential Medal of Freedom in 2012
Q: What is Viola Herms Drath’s legacy?
A: Viola Herms Drath’s legacy is one of a successful businesswoman and philanthropist who dedicated her life to supporting the arts and education. She is an inspiration to women and girls everywhere.
Viola Herms Drath was a German-American art dealer and philanthropist. She was the founder and owner of the Viola Drath Gallery in New York City, which she ran from 1968 to 2009. Drath was also a major collector of contemporary art, and her collection was eventually donated to the Hood Museum of Art at Dartmouth College. Drath’s net worth was estimated to be $100 million at the time of her death in 2012.
Drath was born in Berlin in 1928. She studied art history at the University of Munich and the Sorbonne in Paris. In 1956, she moved to New York City and began working as an art dealer. In 1968, she founded the Viola Drath Gallery, which quickly became one of the leading galleries for contemporary art in New York. Drath represented a number of well-known artists, including Georg Baselitz, Anselm Kiefer, and Sigmar Polke.
Drath was also a major collector of contemporary art. Her collection included works by Pablo Picasso, Mark Rothko, and Andy Warhol. In 2009, Drath donated her collection to the Hood Museum of Art at Dartmouth College. The donation was the largest gift of contemporary art ever made to an American university.
Drath died in New York City in 2012 at the age of 84. She was survived by her husband, the art historian and curator Klaus Kertess, and their two children.
Viola Herms Drath was a pioneering figure in the art world. She was one of the first women to own and operate a major art gallery in New York City, and she was also a major collector of contemporary art. Drath’s legacy is one of a woman who broke down barriers and helped to shape the art world of the 20th century.
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