Wealth-X Reveals: The Top 10 Chinese Art Collectors
HONG KONG, March 10, 2015 /PRNewswire/ -- In conjunction with the upcoming Art Basel Hong Kong and Hong Kong Art Week, Wealth-X today released a list of top 10 art collectors from China and Hong Kong. The combined value of these individuals' collections is estimated to be US$2.57 billion.
Wang Jianlin – the founder of property and entertainment conglomerate Dalian Wanda Group whose net worth totals US$25.7 billion – leads the Wealth-X list with an art collection valued at US$1.6 billion. Wang has been amassing a collection for over 25 years, which includes ancient and modern-contemporary paintings, calligraphy, ceramics, and jade. He reportedly paid US$613,000 for "Gu Qin Tu," a small painting of a bird measuring 100cm by 60cm, making it the most expensive painting based on price per size.
Shanghai-based Liu Yiqian, another super collector who made headlines last year for his high-profile art acquisitions, ranks second on the Wealth-X list with a collection worth US$450 million – accounting for over half of his total net worth of US$870 million. In 2014, Liu paid US$36 million for the Meiyintang "Chicken Cup", and US$45 million for a Tibetan "Thangka" tapestry, setting the record for the most expensive piece of Chinese art ever sold at auction.
Another avid Chinese collector, Yu Mingfang of shoe producer Belle International Holdings, takes third spot on the list with a collection valued at US$110 million, which includes at least 100 works by Chinese artists.
Below is the full list:
| Rank |
Name |
Nationality |
Value of Art Collection* |
Net Worth* |
| 1 |
Wang Jianlin |
China |
1,600 |
25,700 |
| 2 |
Liu Yiqian |
China |
450 |
870 |
| 3 |
Yu Mingfang |
China |
110 |
680 |
| 4 |
Lau Luen Hung |
Hong Kong |
85 |
8,600 |
| 5 |
Dai Zhikang |
China |
80 |
1,300 |
| 6 |
Li Kwok Cheong (Guochang) |
China |
65 |
200 |
| 7 |
Wang Zhongjun |
China |
60 |
1,400 |
| 8 |
Guan Yi |
China |
50 |
220 |
| 9 |
Yang Bin |
China |
40 |
110 |
| 10 |
Zhang Lan |
China |
35 |
540 |
*US $million
About Wealth-X
Wealth-X is the world's authority on wealth intelligence, providing sales, marketing, strategy and compliance solutions to clients in the financial services, luxury, not-for-profit and education sectors. Its award-winning research and thought leadership are regularly cited by the world's media such as CNBC, Financial Times, Thomson Reuters and BBC. Headquartered in Singapore, Wealth-X has offices in 13 locations around the world, including New York, London and Hong Kong. (www.wealthx.com)
SOURCE Wealth-X
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