Budi Tek, 65, Died; His Wealth Has Built A Vast Treasure Of Asian Art

But unlike most of these collectors, he has always insisted that he has a civic obligation to display his art. After displaying his work in a Jakarta cafe for several years, he opened the nearby Yuz Museum in 2007, making entry free.

Even that wasn’t enough. As her collection of artifacts from China grew, she focused on a thriving arts district along the Huangpo River in Shanghai for an even larger venue. It settled on part of an old airport and opened a second one in 2014. Face Museum. (It later closed its Jakarta location.)

At approximately 97,000 square feet, Yuz is one of the largest art museums in China with wide-open rooms where he can display his mega art – the main hall, constructed from an old hangar, offers 32,300 square feet of exhibition space. Mr. Cattelan’s living olive tree work growing from a cube called “Untitled” greets visitors at the entrance.

The face was just one Hundreds of museums to open in China sort of the result of the country’s rapid and some say unsustainable real estate boom over the last decade. But unlike many of these establishments, which mostly operate as exhibition spaces for traveling shows (and are often empty these days), Yuz is always full and builds on Mr. Tek’s enormous personal collection. He has also leveraged his connections with other collectors and institutions around the world to hold frequent blockbuster exhibitions, including solo exhibitions by Andy Warhol and Giacometti.

Mr. Tek desired to see Yuz become a Chinese analogue to American museums such as the Frick, Guggenheim, and Getty, public institutions built on the power of the vast personal possessions of a single person and culturally relevant long after its founders. ‘ deaths.

In 2018, it announced a partnership with the Los Angeles County Museum of Art that will create a joint venture foundation to oversee much of its collection, giving Yuz access to the vast assets of that American museum.

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