The new museum will be constructed in Seoul. Photo: Joon Kyu Park/Wikipedia Commons. July 07, 2021 at 5:33pm
South Korean minister of culture, sports, and tourism Hwang Hee on July 7 announced that a new museum is being established to house the art collection of late Samsung Group chairman Lee Kun-hee. Lee’s heirs donated the multibillion-dollar collection which comprises 23,181 artworks and cultural objects by artists including Picasso, Monet, and Giacometti, plus at least twenty antiquities officially designated as National Treasures to several state institutions in April in order to offset a substantial inheritance tax.
The collection is expected to remain in Seoul, with two central locations currently being considered as construction sites. The first of these is the Songhyeon-dong area near the National Museum of Modern and Contemporary Art, Korea (MMCA); the second is the grounds of the National Museum of Korea in Yongsan-gu. Both museums are in
Benin Bronzes | History, Age, Signficance, Repatriation
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Gov t to build new museum to exhibit late Samsung chairman s donated art collection
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