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Elon Musk Sends Shockwaves Through Wall Street With A Bold Embrace Of This "All-Weather" Asset Class
Monday, June 17, 2024 - 10:00am | 712Elon Musk's investments in AI have already netted him billions, but another, more traditional asset class is gaining traction. This year, AI provided a significant, albeit potentially fleeting, boost to the stock market, especially benefiting tech giants like Nvidia and Google. However, amid the...
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Is Investing In Gold A Smart Financial Move? Here's What To Know Before Investing
Friday, June 14, 2024 - 12:15pm | 806Few investment opportunities have captured the human imagination like gold, which is a highly sought-after asset that can be liquidated anywhere in the world. However, investors should consider several factors before going all in on this precious metal. Benzinga looks at some of the logistical...
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Bill Gates Art and Artifacts Investments Valued At Over $127 Million
Tuesday, May 28, 2024 - 11:00am | 523As the reigning titleholder of Forbes’ wealthiest individual for nearly two decades, Bill Gates has utilized his abundant resources to amass a renowned collection of esteemed art and artifacts valued at approximately $127 million. Winslow Homer’s masterpiece "Lost on the Grand Banks" is...
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Jeff Bezos' Most Prized Possession Breaks Historical Auction Records At Almost $53 Million
Friday, May 10, 2024 - 8:00am | 738Jeff Bezos amassed his wealth through Amazon stocks and owns hundreds of millions of dollars worth of real estate, but one of his most valuable possessions may surprise you: art. Among his collection is the renowned piece "Hurting the Word Radio #2 (1964)" by Ed Ruscha, purchased by Bezos for...
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Elon Musk's Diverse Investments: The Billionaire's Secret Weapon
Tuesday, April 23, 2024 - 2:39pm | 751Elon Musk’s financial success has been nothing short of extraordinary, especially as he thrives while other sectors of the economy struggle. What’s his secret weapon? Musk hasn’t kept this secret to himself; he’s been hinting at it since late last year. However, amid the...
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$2.7 Million Bottle Of Macallan 1926 Breaks World Record For The Most Expensive Scotch Ever Sold
Friday, April 19, 2024 - 1:35pm | 805Whisky lovers know the name Macallan the same way car enthusiasts know the name Ferrari. It's synonymous with excellence and highly sought after, which is why a 60-year-old bottle of Macallan sold for a record $2.7 million at auction in November. That eye-popping final hammer price not only set a...
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Irish Whiskey Breaks Macallan's Record for Most Expensive Bottle Ever Sold After Auctioning for Nearly $2.8 Million
Friday, April 19, 2024 - 12:46pm | 862The Craft Irish Whiskey Co. recently made the news when a 30-year-old bottle of its whiskey, The Emerald Isle, was auctioned for $2.8 million. The eye-popping price makes it the most expensive bottle ever sold, breaking the previous world record of $2.7 million paid for a bottle of 1926 Macallan by...
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The Oldest Living American And 2nd-Oldest Person On The Planet Just Turned 116 — She Says The Secret To Her Long Life Is Drinking 'Two Fingers Of Wine A Day' And Minding Her Own Business
Friday, April 19, 2024 - 8:30am | 606In Willits, California, Edie Ceccarelli marked a major milestone, celebrating her 116th birthday on Feb. 5. Born in 1908, Ceccarelli’s life spans across centuries, earning her the title of the second-oldest living person on Earth and the oldest living American, according to the Gerontology...
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AI-Generated Algorithms Help Art Researchers Distinguish Between Authentic Masterpieces And Forgeries
Thursday, April 4, 2024 - 9:30am | 756When it comes to fine art, there is scarcely a collector who hasn't been fooled or almost fooled by an extremely well-crafted fake being passed off as a masterpiece by an artistic giant like Raphael, Rembrandt or Pablo Picasso. Now, a team of researchers in the U.S. and U.K. have collaborated to...
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Celebrities Like Leonardo DiCaprio And Jay-Z Are Investing In This Asset to Diversify Their Portfolios And Make A Cultural Impact
Monday, March 25, 2024 - 3:30pm | 758Art has long been a passion for many, but for some celebrities, it’s more than a hobby or an aesthetic choice — it’s a significant investment opportunity. From Hollywood stars to music icons, celebrities have been drawn to the art world for various reasons, including...
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Something Unprecedented Is Happening With The Value Of Banksy's Pieces
Monday, March 25, 2024 - 12:30pm | 880Banksy is the kind of an artist who shreds his auctioned-off artwork only to see it reevaluated for a larger sum. His in-your-face graffiti has shocked the general public into conversations about societal shifts, or lack thereof, for three decades. Given the number of eyes his work has drawn, he's...
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Hedging Against Inflation In A High-Inflation Economy
Wednesday, March 20, 2024 - 1:00pm | 605Inflation was a big-time buzzword in 2023, and nothing has changed this year. Everywhere you look, there are people considering the best strategy for hedging against inflation. Everything costs more today than it did a couple of years ago. Groceries. Cars. Airfare. While there's no guaranteed...
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What Luxury Investment Are The 1% Like Oprah Flocking To? Hint: It's Not Real Estate
Wednesday, March 20, 2024 - 12:00pm | 643Oprah Winfrey has been an influential figure in media and pop culture for decades, but her passion for collecting art has also gained significant attention. Like many ultra-wealthy people, Winfrey recognizes the value of art as an investment that offers a blend of cultural prestige and financial...
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Michael Jordan's Dynasty Shoe Collection Sold For $8 Million At Auction
Tuesday, March 19, 2024 - 9:30am | 755Sotheby's sent basketball fans' pulses racing when the venerable auction house announced it would be selling The Dynasty collection, which includes shoes worn by NBA legend Michael Jordan in the championship-clinching game for each of his six NBA titles. It was always expected the final price would...
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Sports Card Grading Remains Hot — Proof That Alt Investing Is A Viable Path To Wealth
Tuesday, March 19, 2024 - 9:00am | 693As the economy continues to stagger, a growing number of people are considering alternative investments. Among these alternatives, cryptocurrency and real estate have gained particular attention for their potential to offer significant returns. However, that's just the tip of the...