Juan Abelló


Juan Abelló Gallo is a Spanish billionaire businessman and art collector. In March 2018, Forbes estimated his wealth at $2.6 billion.

Early life

Juan Abelló was born in 1941, in Madrid, the son of a pharmacist father, Juan Abello Pascual. He has a bachelor's degree in pharmacy from the Complutense University of Madrid, and a doctorate in pharmacy from Madrid's Colegio del Pilar. He is a member of Spain's Royal Academy of Pharmacy.

Career

Abelló inherited Abello Laboratories, which was founded by his pharmacist father, Juan Abello Pascual, in 1925. In 1993, it merged with its largest competitor, ALK, to form ALK-Abelló.
He owns 9.6% of the Spanish construction company Sacyr Vallehermoso.

Art collector

Abelló owns about 500 works of art, including pieces by Francisco Goya, El Greco, Edgar Degas, Pablo Picasso, Toulouse-Lautrec, Salvador Dali, and Vincent van Gogh.
Abello owns one of the last large triptychs painted by Francis Bacon, Triptych 1983, and a small triptych by Bacon, Three Studies for a Portrait of Peter Beard. Abello is the only Spanish art collector to own multiple pieces by Bacon.

Personal life

Abelló is married to Ana Isabel Gamazo y Hohenlohe-Langenburg, grand-daughter of Prince Max Egon of Hohenlohe-Langenburg. They have four children. Abelló enjoys hunting and watching bullfighting.