Mr. Budi Tek is a Chinese-Indonesian entrepreneur, art philanthropist, and collector.
Mr. Budi Tek started his art collection about ten years ago when he discovered art’s ability to take him to new, unknown worlds. Thus began his journey into the world of art, and he has been a serious collector ever since. He began with Chinese contemporary paintings, especially those created between the early 1980s and late 1990s. He has built up a considerable collection of Chinese contemporary art, and is always willing to exhibit and lend his works to other accredited art institutions in order to raise the profile and understanding of Chinese contemporary art worldwide. Mr. Budi Tek has also been invited to join the Tate’s Asia-Pacific Acquisitions Committee to heighten international awareness of Asia-Pacific arts.
As a leading collector in Asia, Mr. Budi Tek has steadily expanded the scope of his interests beyond Asian Art to include Western Art as well. He has recently added artworks by representative Western contemporary artists such as Maurizio Cattelan, Fred Sandback, Anselm Kiefer, and Adel Abdessemed to his collection.
Mr. Budi Tek sees himself as not only a collector, but an art patron as well. In 2007, with a strong desire to enhance public appreciation for contemporary art, he established the Yuz Foundation, a non-profit organization dedicated to the promotion of contemporary art and artists. The foundation also contributes to various art initiatives.
Mr. Budi Tek was ranked 76th in the ArtReview’s 2012 Power 100 and named one of Top 10 the most powerful figures in the art world by the international art magazine Art + Auction in late 2011.
Mr. Budi Tek will open the Yuz Museum, Shanghai, in 2013.