Collector Budi Tek reveals big vision for Shanghai

New Yuz Museum will be located in a 8,000 sq m. building with plans to swiftly expand



The Chinese-Indonesian collector Budi Tek revealed his vision for, and motivation behind creating, the Yuz Museum, also known as the De Museum, in Shanghai during a panel discussion at Art Basel in June. Due to open next year, it will be housed in a Soviet-designed 8,000 sq. m industrial building in the southern Xuhui District, which is being converted by the Japanese architect Sou Fujimoto. Tek said he plans to add 12,000 sq. m in a second phase within five years of opening, “and hopefully a third” after that. He said he chose to build the museum in Shanghai partly because “if I’m the first, I will leave my name in the history of art of China”. To fill the vast space, he has bought large-scale works by artists such as Ai Weiwei and Western artists including Maurizio Cattelan.

Originally appeared in The Art Newspaper as 'Collector reveals big vision for Shanghai'


We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services. Read our Cookie Policy for more information.