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'Donation of the century': South Korea unveils late Samsung boss' 23,000-strong art collection

July 18, 2021. Summarized by summa-bot.

Compression ratio: 27.3%. 1 min read.

Two Seoul museums have unveiled some of the 23,000 artworks donated by late Samsung chairman Lee Kun-hee's relatives as they seek to settle an inheritance tax bill of over 12 trillion won ($10.4 billion).

Museum visitors have been given a first look at some of the 23,000 artworks donated to South Korea from the collection of Samsung's late chairman, Lee Kun-hee.

The works are showing at the National Museum of Korea and National Museum of Modern and Contemporary Art (MMCA), the recipients of Lee's vast collection.

That same day, South Korea's Ministry of Culture, Sports and Tourism revealed that the Lee family was donating approximately 23,000 antiques and artworks to public collections.

But more than 90% of the pieces are by contemporary Korean artists, including over 100 works by painter Lee Jungseop and almost 70 by celebrated craftsman Yoo Kangyul.

At the National Museum of Korea, meanwhile, an exhibition of older artifacts from Lee's collection also opened Wednesday.

The museum is also exhibiting a number of items deemed "National Treasures" by the South Korean government, including an ink wash painting by the Joseon dynasty court artist Jeong Seon and a gilt bronze bodhisattva dating back to the 6th century.

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