“I’m building up a collection for LACMA, focusing on German artists such as Thomas Schütte, Martin Kippenberger, Gerhard Richter and Joseph Beuys”, a statement by art collector and billionaire Nicholas Berggruen. Berggruen, son of the late German-Jewish art dealer and philanthropist Heinz Berggruen, had originally planned to create a museum in Berlin to house his extensive collection but due to financial concerns from the German government the idea has been put on hold.
Berggruen has decided to send several pieces from his collection to LACMA, where he is on the board of trustees, as long term loans. German artists aren’t the only focus of his diverse collection. It’s predicted that many West Coast artists in his collection will make their way to LACMA such as works by John Baldessari, Ed Ruscha, Charles Ray, Paul McCarthy, Bruce Nauman and Mike Kelley.
One piece already on loan by Berggruen to LACMA is Chris Burden’s Metropolis II (2010). Burden’s work will be on display for the next 10 years and is currently installed at LACMA’s satellite space, the Broad Contemporary Art Museum.