Friday, November 13, 2015

Chinese taxi driver turned Billionaire bought Modigliani painting this week

THE NEW YORK TIMES
By Amy Qin

CHINA---Liu Yiqian, a former taxi driver turned billionaire art collector, confirmed on Tuesday that he was the buyer of the painting of a nude woman by Amedeo Modigliani that sold for $170.4 million at Christie’s New York on Monday night. Mr. Liu, 52, was one of six people competing for Modigliani’s 1917-18 canvas, “Nu Couché,” during the auction. Mr. Liu, together with his wife, Wang Wei, is one of China’s most visible –—some say flashy — art collectors. Over the years, they have built a vast collection of both traditional and contemporary Chinese art, much of which is displayed in their two museums in Shanghai: the Long Museum Pudong, which opened in 2012; and the Long Museum West Bund, which opened last year. Ms. Wang, 52, is the director of both museums. [link]
Amedeo Modigliani’s “Nu Couché” (1917-18). Credit via Christie’s