Chinese Billionaire Liu Yiqian Adds $45 million Thangka To His Art Collection

Of all the billionaires that come and go on the Forbes China Rich List, Liu Yiqian is certainly the one with the biggest appetite for art. Liu, who ranked No. 220 with a net worth of $ 1 billion, yesterday bought a 600-year-old imperial embroidered Tibetan tapestry at a Christie’s auction for $ 348 million Hong Kong dollars ($ 45 million), setting a record for any Chinese works of art sold by an international auction house.