Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Korea’s Top Collectors and Their Museums

October 13, 2014 by Marion Maneker

Çѳ²µ¿ ¸®¿ò¹Ì¼ú°ü 10ÁÖ³â. ¹ÚÇö±¸ ±âÀÚphko@heraldcorp.com 2014.10.01There’s a lot of talk in Europe and the US about private and corporate-funded art museums. But in Korea, the connection between corporate authority and art has been established for some time. So much so that The Korea Herald decided to do a round up of the collectors and collections drive the Korean art world”

What makes art so fascinating to the superrich? Collecting artwork can be seen as a high-class hobby that befits the lives of society’s wealthiest. In fact, one way to measure wealth in modern society is how avid they are in collecting expensive art.

This measure has become gender-irrelevant. While men were not frequent customers in the world of art in the past, the situation has changed drastically.

Instead of collecting random pieces of work, these superrich collectors focus on finding those that can reflect their tastes and personalities. Art has also become an important factor in managing their businesses. The Korea Herald Special Investigative Team has researched some of the collections and galleries owned by Korea’s top corporate tycoons.

[SUPER RICH] The allure of art Korea Herald)

More from Art Market Monitor

  • Sunny Art, Not Shady PeopleSunny Art, Not Shady People
  • Crichton Estate Goes All InCrichton Estate Goes All In
  • Can Asia's Private Museums Do the Job of Creating an Art Infrastructure?Can Asia's Private Museums Do the Job of Creating an Art Infrastructure?
  • Auction House Guarantees Put Pressure on DealersAuction House Guarantees Put Pressure on Dealers
  • Cattelan Cops Back on Market, 3rd Time in 5 YearsCattelan Cops Back on Market, 3rd Time in 5 Years
  • Cars Go High; Equities Go Low; Will Autumn Art Sales Follow?Cars Go High; Equities Go Low; Will Autumn Art Sales Follow?

Filed Under: General

About Marion Maneker

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

Top Posts

  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • British Modernists Draw Deep Bidding in Christie's $42 M. London Sales
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Tony Podesta's Secret Art Buying
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • How to Chant Like an Auctioneer
  • $10 M. Picasso Portrait Unseen for Decades to Sell at Bonhams
  • Roy Lichtenstein’s Top Ten Auction Prices
  • Christie’s to Sell Its First Fully Digital Work of Art in Test of Emerging Market
  • Collection of Texas Heiress Anne Marion Expected to Fetch $150 M. at Sotheby’s
  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor