Billionaire art collector Nicolas Berggruen announces $1 million philosophy prize

ARTNET | NEWS
By Christie Chu

The Beggruen Institute, an independent research group founded by art collector and financier Nicolas Berggruen, launched the Berggruen Philosophy and Culture Center in Los Angeles on Wednesday, which is backed by an advisory board including political scientist Francis Fukuyama, writer Alain de Botton, economist Amartya Sen, and journalist Fareed Zakaria, among others. The abstract program will include a partnership between American and Chinese universities; an "ideas contest" co-sponsored by the Aspen Institute; and an annual $1 million prize awarded by an international jury. [link]