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Everything you ever wanted to know about the art market but didn't know who to ask

Budi Tek

founder of the Yuz Museum and Foundation

Budi Tek is a Chinese-Indonesian entrepreneur, philanthropist and collector. Born in Jakarta, Tek grew up in Singapore and became a successful entrepreneur specializing in the food industry. Following his passion for Contemporary art, Tek began collecting in 2004. He went on to build the Yuz Collection of art from the East and West, comprising some of the most signi cant examples of Chinese Contemporary art to be found anywhere in the world, particularly focused on art made between the early 1980s and the late 1990s. The Western art holdings range from large-scale installations to German postwar paintings as well as work by young artists interested in public engagement. The collection re ects Tek’s belief that art is more important as a sensory experience than as a simple object.

The Yuz Foundation aims to popularize international Contemporary art through its ideas, collections, museums, sponsorship and academic projects.

The Yuz Museum, a non-pro t organization under the umbrella of the Yuz Foundation, is located along the West Bund in Xuhui District in Shanghai. The 9,000 sq. m museum, which was once an aircraft hangar, has staged ambitious exhibitions of international Contemporary artists including Yang Fudong, Huang Yuxing, Liu Shiyuan, Random International, Andy Warhol and Alberto Giacometti since its opening in May 2014.

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Articles by Budi Tek

#29 The Future of the Museum

By Charlotte Burns