David Walsh (art collector)

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David Dominic Walsh (born 1961[1]) is an Australian professional gambler who privately owns a substantial collection of art,[2] and a winery.

Walsh grew up Roman Catholic in the Glenorchy district of Hobart, Tasmania, Australia, the youngest of three children. A high school graduate,[3] Walsh made his fortune by developing a gambling system used to bet on horse racing and other sports.

Walsh describes himself as a "rabid atheist".[4] He has been married once and has two children from different relationships.[3]

In 2001, he founded the Moorilla Museum of Antiquities on the Berriedale peninsula in Hobart, which closed in 2007 to undergo $75 Million renovations. It was re-opened in January 2011 as the Museum of Old and New Art[5] or MONA. MONA won the 2012 Australian Tourism Award for best new development and is a major Tasmanian tourist attraction.

In July 2012, Walsh was involved in a dispute with the Australian Tax Office, which demanded he pay $37 million from the profits of his gambling system. [6] The dispute was "entirely resolved" in October 2012.[7]

In December 2013 Walsh gave a revealing interview on his personal philosophies, his quantitative approach to gambling, and the role of chance in his life to The Australian Financial Review's contributing editor Christopher Joye. He has stated that he subsequently developed a new chapter in his 2014 memoir based on the ideas that were formulated during this dialogue. [8]

In October 2014 Walsh's book A Bone of Fact was published. The publisher described it as Walsh's "utterly unconventional and absorbing memoir".[9]

References[edit]

  1. ^ In The Age, 14 April 2007.
  2. ^ "Our mystery billionaire?". SmartCompany.com.au. 10 August 2009. Retrieved 2011-01-22. [dead link]
  3. ^ a b Denholm, Matthew (19 January 2011). "Temple of David". The Weekend Australian Magazine. Retrieved 2011-09-19. 
  4. ^ "The Collector", The Age, 14 April 2007.
  5. ^ "A revolt in art". Melbourne: The Age. 15 January 2011. Retrieved 2011-01-22. 
  6. ^ Adrian Lowe and Andrew Darby (25 July 2012). "Support floods in for MONA founder in tax row". Brisbane Times. Retrieved 26 July 2012. 
  7. ^ "Walsh settles tax debt", ABC News. Retrieved 4 December 2012.
  8. ^ "David Walsh’s wisdom beats the odds". Melbourne: The Australian Financial Review. 14 December 2013. Retrieved 2011-01-22. 
  9. ^ A Bone of Fact, by David Walsh. Pan Macmillan Australia. Accessed 29 September 2014.

External links[edit]