German art collector Susanne Klatten, BMW’s major shareholder and the richest woman in Germany, has announced, in June 26, 2017, plans to establish a foundation in Nantesbuch near Bad Tölz in Bavaria, Germany, according to Monopol. The foundation will eventually house Klatten’s private art collection, comprising over six hundred pieces by artists such as Michael Beutler, Olaf Holzapfel, Kaarina Kaikkonen, Alex Katz, Anselm Kiefer, Karin Kneffel, and Robert Longo. The new museum is designed to exist in harmony with nature. Visitors to the site “should find a little distance from the unrest of the city,” Klatten said, adding that it is “like the entrance into another world.” Klatten did not disclose the construction or operational costs of the foundation. Artist Mischa Kuball has been commissioned to create one of the first new works for the foundation’s site.