Tatler’s Guide to Building Your Own Museum

There’s no better way to ensure your lasting legacy than establishing an eponymous private art museum. Here’s what it takes to enshrine your name among the Guggenheims, Fricks and Gettys of the world

By Christian Barker

You see it in the fevered bidding at Christie’s, Sotheby’s, Bonhams and Phillips. It’s palpable in the sprint to pick up the choicest seven- and eight-figure works at Art Basel Miami Beach (an acquisitive frenzy known as “Billionaires’ Black Friday”). Today, no ultra-high-net-worth individual worth their salt—or their Forbes rich list position—would be without an extensive collection of trophy art. The competition for the most sought-after pieces is fierce, but for the winners, the question remains: how best to display the spoils of victory? It would be a shame to stash the stuff in bonded storage or hang it in one of your homes. Gazing with cat-that-got-the-cream satisfaction upon hard-won booty from Picasso, Richter, Koons, Freud, Hockney, Hirst, Bacon and Basquiat, more and more collectors are coming to the conclusion that…

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Tatler Hong Kong (Digital) - 1 Issue, March 2020

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