
(from the left) Suh Kyung-Bae, Chairman of Amorepacific Corporation; Lee Seo-hyun, President of Samsung C&T Corporation; Kim Woong-ki, Chairman of Global Sae-A Group ©Maeil Business Newspaper
On
October 22, ARTnews announced its list of the world’s Top 200 Collectors for
this year. Alongside previously recognized collectors such as Suh Kyung-Bae,
Chairman of Amorepacific Corporation, and Kim Woong-ki, Chairman of Global
Sae-A Group, Lee Seo-hyun, President of Samsung C&T Corporation, was newly
included this year.
Since
1990, ARTnews has annually recognized individuals who have exerted social and
cultural influence through art collecting. The publication evaluates collectors
comprehensively, considering factors such as market influence, purchasing
power, institutional donations, and exhibition sponsorships, and compiles the
global Top 200 Collectors list accordingly.
Notable Korean collectors who have been included in
past lists include Ci Kim, Chairman of Arario; Phillip Chun, Chairman of
Paradise Group; Choi Yoon-jung, Chairman of Paradise Cultural Foundation; the
late Lee Kun-hee, Chairman of Samsung Group; and Hong Ra-hee, Honorary Director
of the Leeum Museum of Art.

The late Samsung Chairman Lee Kun-hee (far right) is viewing artworks at the Rodin Gallery, which opened in May 1995 at Samsung Plaza in Jung-gu, Seoul, alongside the late Mrs. Lee Hee-ho and Honorary Director of Leeum Museum of Art Hong Ra-hee. ©Yonhap News
In its
36th edition, the list this year newly included Korean collector Lee Seo-hyun,
who has been actively involved in exhibition planning and operations at the
Leeum Museum of Art since 2018. Continuing the legacy of her late father, Lee
Kun-hee, she has faithfully carried out her role as one of Korea’s leading
collectors.
On
November 9, ARTnews explained its decision to include Lee Seo-hyun in the 2025
Top 200 Collectors, stating, “Following the passing of former Samsung Group
Chairman Lee Kun-hee in 2020, his daughter Lee Seo-hyun has taken up the mantle
of Korea’s representative collector.”
The
publication further noted, “During his lifetime, Lee Kun-hee, Korea’s
wealthiest individual, amassed a collection of over 20,000 works and artifacts,
encompassing Korean traditional and modern art as well as major international
works by artists such as Francis Bacon, Marc Chagall, and Alberto Giacometti.”

Kim Whanki, Universe 05-IV-71 #200, 1971, Oil on cotton, 254 x 254 cm. Installation view of the exhibition 《현대 HYUNDAI 50》 ⓒWhanki Foundation · Whanki Museum
Meanwhile,
Chairman Suh Kyung-Bae, who has consistently appeared on the list since 2022,
was described as leading “AmorePacific, a company that represents Korea in
cosmetics, but according to him, is not a company that sells cosmetics—it is a
company that spreads culture.”
Alongside
him, Kim Woong-ki, also included since 2022, has drawn attention for owning Kim
Whanki’s iconic work Universe 5-IV-71 #200 (1971). The work
had been purchased at a 2019 sale at Christie’s Hong Kong for a staggering $10
million (or 13.2 billion won), making it the most expensive work by a Korean
artist to ever sell at auction.
Kim also
owns major works of Korean modern and contemporary art, as well as pieces by
Yayoi Kusama. Additionally, under his leadership, the Global Sae-A Group opened
the S2A exhibition space in Gangnam in July 2022, aiming to introduce both
domestic and international contemporary art and serve as a bridge connecting
young, promising artists with the art world.
Furthermore,
Korean-American Miyoung Lee, Vice President of the Whitney Museum of Board of
Trustees, was also named to this year’s list. More details can be found on the
ARTnews website: https://www.artnews.com/art-collectors/top-200-profiles/?filter_top200year=2025








