One of the problems of having so much money is that you have to do something with it. You can’t have piles of cash lying around in an inflationary environment.
One of the problems of having so much money is that you have to do something with it. You can’t have piles of cash lying around in an inflationary environment.
Was it the banana duct taped to a wall that did it?
Ultra rich don’t need art to shelter taxable income thank to the big beautiful bill
High interest rates? They’re buying Picasso on credit?
I have that Andy Warhol Marilyn artwork. Picked it up at Walmart for 5 bucks. High interest rates didn't bother me. 😊
Tragic.
They blame everything on high interest rates Fuck off
If you buy a $10m+ painting just because you like it, then it won’t be a bad investment
That’s why you diversify your portfolio with Bored Ape and Trump cards NFTs
Shame, poor billionaires, losing millions on "art". Who knew things had to have actual value? Like crypto... Inherently bitcoin is worth $0 as you cannot eat 1 and 0's. Losing money on art? this is so terrible! Maybe the 🍊💩👑 must sign a royal decree to give them some of the new tariff tax $ ? #usa
I hate this for the wealthy. 😭😭😭 #TaxTheRich
This makes me want to look up that scummy looking company that was allllll over old Twitter before the Nazi bought it. The one that was fooling people into thinking they would get rich investing into art that they purchased. But was red flag city.
Oh no!!!! now the ultra rich will have to find other ways to launder their money
They have crypto now, so fine art is no longer needed for the laundering.
If you're doing major crimes, little league crimes, or in between crimes, crypto is the greatest thing ever invented. You can still move art though, if only for the sake of nostalgia.
Don’t forget terrorism Crypto facilitates that was well
Some segments remain hot. This artist is the Al Hirshfeld of nazi pedophile line-artists.
Interesting. Thanks for sharing.