Chinese tycoon Liu Yiqian says he wants to add more Western art to his shopping list
The former taxi driver, whose personal wealth is put at US$1.38 billion, says it is his ‘social responsibility’ to show such art to the mainland’s younger generation
Former Chinese taxi driver-turned tycoon Liu Yiqian first stunned the auction world by snapping up hugely expensive Chinese antiquities, but he is targeting Western masterpieces.
He says it is his “social responsibility” to show them to the mainland’s younger generation.
Liu has become China’s highest profile art collector, hitting headlines with record-breaking buys and an irreverent approach.
The world is globalised ... our collection is mainly Chinese traditional works of art, [but] we are going to expand into Western and Asian works
However, in a departure from his Chinese collecting spree, last year Liu splashed out on Modigliani’s Nu Couche or “Reclining Nude” for more than US$170 million at Christie’s, the second highest price ever paid at auction for a work of art.