The Nahmads have been dealers in Modern art since Giuseppe Nahmad set up in Milan in 1957. But they have been the Warren Buffetts of the business, sticking to the tried and true. Now Joseph Nahmad, one of Giuseppe’s grandsons, is plunging into the shark pool of Contemporary art. There have been plot twists worthy of a cop show—Joseph’s brother, Helly, was sentenced to a year and a day for involvement in a gaming ring the day before his current opening—but Gagosian, Zwirner, and the others should be on notice that the Nahmads are now in business.
