The article profiles billionaire Greek Cypriot collector Dakis Joannou, focusing on his superyacht *Guilty*, painted by Jeff Koons in dazzle camouflage, and his Deste Foundation's project space on Hydra. It describes the 2023 group show "Dream Machines," co-curated by Daniel Birnbaum and Massimiliano Gioni, featuring works by Koons, Andro Wekua, Mire Lee, and others, and includes an interview with Joannou about the yacht's design and his art collection.
This profile matters because Joannou is a major force in the contemporary art world, with a collection of 1,500 works and close ties to market-dominating artists like Koons, Cattelan, and Condo. His Deste Foundation's Hydra project space serves as a bellwether for emerging trends, and his interview offers insight into the mindset of a top collector, including his views on artist relationships and market speculation.