23 August 2023
The Billionaire Founders of China's Long Museum Plan to Sell Off an Estimated $150 Million Worth of Art at Sotheby's This Fall
A decade ago, Liu Yiqian, a Chinese taxi driver-turned-billionaire, began turning heads in the art market by paying tens of millions of dollars for Chinese art with his credit card. As the Long Museum in Shanghai, which he co-founded with his wife Wang Wei, transformed into China's leading private institution, the power couple became market makers at the highest level in Western art as well. In 2015, the two acquired Amedeo Modigliani's Nu couche (Reclining Nude) for a record $170.4 million at a Christie's sale in New York.
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