Billionaire couple spend more than half their income on art

South China Morning Post:

Shanghai tycoon Liu Yiqian and wife Wang Wei have spent more than half their fortune amassing artworks and opening museums to display them. Last November they bought Italian modernist Amedeo Modigliani’s 1917 Nu Couché [Reclining Nude] for US$170.4 million at a Christie’s auction… Read more

Image: Liu Yiqian shows off the Chinese Ming dynasty cup he bought at auction in Hong Kong for HK$281 million: Sam Tsang