11/30/2012 12:19 pm ET

Jorge Pérez Moves To South Beach Penthouse (VIDEO)

Jorge Pérez, the Miami billionaire who donated $15 million in Latin American art to the Miami Art Museum in exchange for naming rights, is moving from a waterfront Old-World-style villa in Coconut Grove to a modern penthouse on South Beach.

This move reflects the condo developer and art collector's recent switch from collecting Latin American master works such as Diego Rivera and Botero to collecting contemporary pieces.

Watch the video above.

He's always treated his houses like mini galleries. "The art is very, very important," Pérez recently told the Wall Street Journal. "It's very important to me when I bring people to my house, to say, 'This is my art.' "

There's even some anti-imperialist Uruguayan art hanging in his 9-year-old son's bedroom.

But over the last decade, he says he became more modern in part from working with a slew of modern architects who have designed his condos all over Brickell and South Beach.

Designed by Yabu Pushelberg, his new South Beach abode will be in his latest condo project, One Ocean, and features a rooftop terrace and pool.

Meanwhile critics decry that fact that MAM will become the Jorge M. Pérez Art Museum pointing out the hundreds of millions of dollars that Miami citizens have contributed to MAM, including $100 million of taxpayer money toward the construction of its new building at Museum Park.