“The 75-year-old [José Berardo], who has been described as the ‘Portuguese Charles Saatchi,’ used his 900-piece collection — which includes works by Picasso, Bacon, and Basquiat, among others — as collateral for bank loans of nearly €1 billion … The majority of the works are on loan to the Berardo Collection Museum in Lisbon, one of the country’s most visited art museums.” – Artnet