An art collector is a person who actively seeks, acquires and accumulates artworks by various artists with an aim to build a collection. Art collectors can be individuals or institutions such as museums, galleries or corporations that purchase art for their personal enjoyment, investment or to display in public spaces. They may have diverse motivations including passion for the arts, appreciation of beauty and cultural significance, desire to support artists, or a combination of these factors. Art collectors often build relationships with artists, curators, galleries, and other art enthusiasts within their community, and they may also participate in events such as auctions, exhibitions, and fairs to expand their collections.