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Two Korean entrepreneurs - Kim Woong-ki of Global Sae-A Group and Suh Kyung-bae of Amorepacific - have been named among the Top 200 Collectors of 2023 by ARTnews.
Two Korean entrepreneurs – Kim Woong-ki and Seo Kyung-bae were listed on the annual Top 200 Collectors list published by ARTnews for its 2023 edition. Kim, chairman of Global Sae-A Group, an apparel manufacturing conglomerate, became known in the global art scene when it was revealed in 2022 that Kim was the winning bidder for modern art master Kim Whan-ki’s painting titled "Universe 5-IV-71 #200&.
The inaugural Frieze Seoul fair was one sign of the city’s ascent. Now a dealer invasion is underway and artists are navigating a new landscape, as competition heats up.