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leiden collection fractionalized thomas kaplan rembrandt 1234753075

Billionaire investor Thomas S. Kaplan, owner of the Leiden Collection—the largest private holding of Rembrandt paintings and other Dutch/Flemish Old Masters—has announced plans to fractionalize his art holdings, potentially offering shares on a public stock exchange. In an interview with the Art Newspaper, Kaplan cited his children's lack of interest in the collection and a desire to democratize art ownership, inspired by the NFT craze of the early 2020s. The collection includes Vermeer's *Young Woman Seated at a Virginal* (ca. 1670–75) and works by Frans Hals, Gerard ter Borch, and others, and is regularly loaned to major museum exhibitions.

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'Age alone does not guarantee value': Thomas S. Kaplan is showing his Dutch Old Master collection in US for first time

Collector Thomas S. Kaplan and his wife Daphne Recanati Kaplan are bringing their Leiden Collection, one of the world's largest private holdings of 17th-century Dutch art, to the US for the first time. Around a third of the collection's 220-plus works will be shown in "Art and Life in Rembrandt’s Time: Masterpieces from The Leiden Collection" at the Norton Museum of Art in West Palm Beach from 25 October 2025 to 29 March 2026. Kaplan is also in discussions to fractionalise the collection into shares and float it as an IPO.