Hong Kong collector and head of K11 Art Foundation, raising the profile of emerging Chinese art
The Yeezy-wearing entrepreneur, collector and patron this year invested in ObEN, a technology company that will bring AI to K11, the palace of shopping and art Cheng operates in Shanghai (alongside a smaller gallery space in Hong Kong and further commercial enterprises far and wide). Expect to be greeted by the avatar of a celebrity, curator or perhaps Cheng himself on future visits to the Art Mall. Cheng’s engagement with the future (one of his latest ventures, the nonprofit architecture and design project Culture for Tomorrow, kicked off last December with a Finnish sauna in HK), along with his wealth and his interest in emerging art, make him a catch for museum boards and committees, among them MoMA PS1, Royal Academy, Tate and the Centre Pompidou. Cheng has previously used these contacts to partner on shows at K11 (notably with the ICA London and New Museum, New York), but this Spring K11 produced its first independent show, Emerald City, curated by K11’s new artistic director, Venus Lau.