Sotheby’s
What aren’t Chinese life insurance businesses fascinated by? Clearly not opulent art auctions. Sotheby’s commenced in 1744 within London. New York would become its next base of operations, prior to establishing itself in further international locations. Taikang Life Insurance Co. Ltd., a Chinese business, declared in 2016 that it would soon become Sotheby’s majority shareholder. This would be the case until Patrick Drahi, the Israeli-French tycoon who would take control in 2019 of Sotheby’s. If Taikang is still enjoying that 13.5% stake in the auction house, then it has kept that fact a secret…
Sothebys
The Barclays Center
The famous Barclays Center has hosted more musical and sporting events than most stadiums in the world. Joseph Tsai, the Taiwanese-Canadian mogul bought the iconic venue in 2019. Beyond this, the Brooklyn Nets (part of the NBA) was bought by the chairman of the Alibaba Group. They were very excited to introduce their basketball offerings through the Barclays Center. They reassured those invested in the process that they were highly committed to Brooklyn and that through their wielding of the Barclays Center, they could provide fantastic entertainment.
The Barclays Center
