South Koreans hope to keep late Samsung chief's $1.8 billion art collection
A South Korean art critic was astounded when he saw the private art collection of the late Samsung Electronics chairman, after being asked to value it this year. The head of the Samsung conglomerate, Lee Kun-hee, died in October leaving an art collection estimated to be worth more than 2 trillion won ($1.76 billion), including masterpieces by Picasso, Monet and Warhol, the critic and another person directly involved in the appraisal told Reuters. Former culture ministers and art groups have called for a new law that would allow the family to donate the art in lieu of at least part of the 11 ...
Source: yahoo.com