Billionaire Pinchuk Names Art Center Director
Steel billionaire Victor Pinchuk named Eckhard Schneider director of his Kiev art center.
The Pinchuk Center opened in September 2006 as the first private museum of contemporary art in the former Soviet Union. Since then, it has had 300,000 visitors.
Victor Pinchuk is having a great impact on the market, said Simon de Pury, chairman of the auction house Phillips de Pury & Co.
Ever since he opened the center, others in Ukraine and Russia have emulated him and taken an interest in contemporary art.
The contemporary art market in both Ukraine and Russia has really taken off in the past two years, and I expect this growth to continue, De Pury of Phillips said. [from bloomberg]