![]() ![]() ![]() Hammer negotiated major business deals for oil and coal between Occidental Petroleum and his new Chinese partners. He was accompanied by his grandson Michael Hammer, then the youngest Occidental Petroleum executive on the team and currently Chairman of Hammer Galleries. Now you’ve got to come to China.” Hammer was granted the unprecedented privilege to land his private 727 jet in China and was invited to stay at the Diao-Yu-tai State Guesthouse, an ancient retreat of the Emperors where Presidents Nixon and Reagan stayed during historic visits to China. You’re the man who went to Russia in 1921 to help Lenin when Russia was in trouble. Deng recognized him, saying “you don’t have to introduce yourself. Hammer met Vice Chairman Deng Xiaoping at a dinner in Houston, Texas. The relationship of Hammer Galleries and China began in 1979 when Dr. This was the origin of both the Hammer Galleries (established in 1928) and Hammer’s legendary personal art collection. During the 1920’s when the newly formed Soviet Union was in dire financial straits, the then 23-year-old Hammer met Lenin and developed several successful ventures in Russia, and began collecting Czarist art with his brother Viktor. Known for his “citizen diplomacy,” he traveled the world, befriending world leaders in his lifelong quest for world peace. Armand Hammer (1898–1990), was Chairman of Occidental Petroleum. The gallery’s founder, industrialist and philanthropist Dr. Hammer participates in the world’s most prestigious art fairs: The European Fine Art Fair (TEFAF) in Maastricht and New York and Art Basel in Miami Beach and Hong Kong. ![]() The gallery also exhibits contemporaries such as Chinese artist Yifei Chen. Bush and has said he wished he had pled not guilty to the charges.Hammer Galleries, headquartered in New York, focuses on Impressionist and Modern Masters. He was pardoned in 1989 by President George H.W. He was also convicted of illegally donating thousands to President Richard Nixon's 1972 re-election campaign. The case was eventually settled, but the museum removed his name from one of its galleries. At one point, he was sued by the Metropolitan Museum of Art. Evidence was posthumously found by investigative reporter Edward Jay Epstein of numerous scams and ruses cooked up by Armand at various points in his career, many involving selling the various works of art he had collected for more than they were worth. Times, turning Armand into a pariah in the Western oil industry.Īrmand's reputation wasn't much better elsewhere. Occidental was forced to sell a majority stake to the new regime, according to the L.A. In 1973, his wells in Libya, where Occidental dominated, came under pressure from the country's new leader, Muammar Gaddafi. It was then that he began turning Occidental into a global powerhouse, relaunching him onto the world stage.Īrmand began setting up Occidental interests across the globe, including the Middle East, the North Sea, Northern Africa, and South America. Times, but the wells became gushers, and he arranged to take a majority stake in Occidental. The move was meant to shield him from taxes, according to the L.A. John Bryson-The LIFE Images Collection/Getty ImagesĪrmand decided to buy into two wells owned by a flagging oil company called Occidental. ![]()
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