Billionaire art collector encourages peaceful compromise

The new commission is industrial magnate Victor Pinchuk’s gift to the steelworkers of his hometown

The $100,000 prize will support one lucky young artist to further their creative vision and support their career

A “landmark” museum for Ukraine

The space will display Pinchuk's own collection as well as loaned exhibitions

His Pinchuk Art Centre will play host to over 100 works

Yet secrecy over values remained a priority at the Art Kapital auction

The Pinchuk Art Center was opened 16 September 2006

Victor Pinchuk’s art foundation is intended “to modernise Ukrainians”

But the 139 works go to Dutch State, not collector’s heirs