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Elton John's Custom Leopard Print Gold And Diamond Rolex Fetches Record Price At Auction
Tuesday, March 19, 2024 - 8:33am | 719When it comes to flamboyant entertainers, only the late Liberace could rival Elton John in terms of opulent splendor and ostentatiousness. So it only makes sense that a Rolex watch custom-made for John, with a Leopard print band, leopard face and a jewel-crusted face, would set a record price at...
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Jeff Bezos Sold $8.5 Billion Worth Of Amazon Stock And Saved $600 Million In Taxes By Moving To Florida, But He's Holding Onto This Asset For The Long-Haul— And It's Something Anyone Can Buy
Monday, March 11, 2024 - 11:15am | 697Jeff Bezos, the mastermind behind Amazon.com Inc., has been making headlines not just for his fluctuating position as one of the world’s richest people but also for his strategic financial maneuvers. In a move that captured widespread attention, Bezos recently sold about 50 million...
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The Resiliency Of Art Funds During Periods Of Economic Downturn
Thursday, March 7, 2024 - 9:53am | 1383In periods of market stagnation and downturn, investors are on the lookout for alternative investment strategies. A little-known investment vehicle is the global art market. Although art pieces and art funds have been an investment route for the wealthy, crowdfunding resources have removed the high...
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The 4,700-Artist AI Controversy: Artists Accuse Midjourney And Other AI Firms Of Unauthorized Use In Lawsuit
Thursday, February 29, 2024 - 12:29pm | 756A recent lawsuit brought attention to the alleged misuse of copyrighted works by artificial intelligence (AI) art generator companies, including Midjourney, Stability AI, DeviantArt and Runway AI. The lawsuit, filed in November, accuses the companies of using a list of over 4,700 artists, including...
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These Five Factors Foreshadow A Price Escalation Of A Fine Art Piece
Thursday, February 22, 2024 - 2:30pm | 795Investing in the S&P 500 from 1995 to 2022 would have netted a comfortable 9% per year on average. In other words, you would've gotten nearly 10 times the initial amount of your investment. While that's a pretty penny, it's just a fraction of what post-war and contemporary art would've brought...
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Billionaires Jeff Bezos And Oprah Winfrey Invest In This Timeless And Safe Asset As A Way To Protect Their Money – And Now You Can, Too
Tuesday, February 20, 2024 - 5:00pm | 1161As stock market volatility remains a constant concern, the recent move by Amazon.com Inc. Founder Jeff Bezos to sell billions of dollars in company stock and relocate to Florida, purportedly for tax benefits, highlights the unpredictable nature of financial markets. This action underscores a...
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Sotheby's Completes Its Second Round Of Game-Worn NBA Jersey Auctions, Including Christmas Day Jerseys
Tuesday, February 20, 2024 - 4:30pm | 877Sotheby's auction house, which raised a lot of eyebrows in late 2023 when it inked a deal to become the exclusive outlet for NBA memorabilia, recently completed its second auction of game-worn NBA jerseys. This most recent auction, known as the Capsule Collection, included numerous limited-edition...
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Driving Returns: Classic Cars Shift Into Gear As Investment Portfolio Powerhouses
Tuesday, February 20, 2024 - 3:45pm | 510Jay Leno rose to stardom as the host of NBC's "The Tonight Show," but these days, he's better known for his massive car collection. Leno stores his collection of more than 181 cars and 160 motorcycles at the Burbank Airport in California. Highlights of the collection, valued at more than $52...
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Mark Knopfler Guitar Collection Fetches $11.2 Million At Christie's Auction
Tuesday, February 20, 2024 - 3:15pm | 535Most people don't get money for nothing, but some people were fortunate enough to snag a Mark Knopfler guitar at auction — and it's sure to appreciate in value. Christie's sold the Mark Knopfler Guitar Collection at a live six-hour auction in January in London. The collection brought in a total of...
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A Super Rare Babe Ruth Rookie Card Sells For Over $7 Million At Auction
Tuesday, February 20, 2024 - 2:48pm | 896An extremely rare Babe Ruth rookie baseball card that dates to his earliest years in professional baseball was recently auctioned off for over $7 million. Although the final hammer price was high, the sellers were expecting the card to fetch a price closer to $10 million. Even with the lower-than-...
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Klimt's Hidden Gem Emerges: Portrait Of Fraulein Lieser To Shine At Spring Auction, Anticipated To Fetch $54 Million
Thursday, February 15, 2024 - 11:00am | 553After nearly a century of obscurity, a masterpiece by Gustav Klimt is set to captivate the art world as it heads to auction this spring. The "Portrait of Fraulein Lieser," believed to be one of the maestro's last creations, is anticipated to command a price of up to $54 million, according to a...
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Inside The Rothschilds' $2 Billion Art Collection They Have Been Assembling Since The 18th Century
Tuesday, February 13, 2024 - 9:00am | 650Since the 1700s, the Rothschild family has been decorating the interiors of their lavish manors with pieces commissioned by medieval kings, Roman consuls and Venetian merchants. Together, their collection has an estimated value of over $2 billion. The Rothschild wealth allowed the family to own...
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Fab Four's Hidden Palette: Beatles' Rare Artwork Fetches $1.7 Million At Auction
Monday, February 12, 2024 - 5:05pm | 575The Beatles were musical geniuses whose album covers included iconic images, but they're not necessarily known for creating their own visual art. Turns out the Fab Four had artistic talents that extended beyond their musical prowess, and a painting made and signed by the band members appears to...
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Beyond Sparkle: Diamonds Shine As Nature's Masterpiece And Savvy Investment Choice
Monday, February 12, 2024 - 4:33pm | 612Diamonds aren't just a girl's best friend; they're nature's dazzling masterpiece. From the sparkle that captivates hearts to their resilience, diamonds are more than a symbol of luxury. They're a testament to the beauty and strength found deep within Earth's crust and formed under intense pressure...
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Striking A Chord: Investors Tune Into The Lucrative Harmony Of Music Memorabilia
Monday, February 12, 2024 - 4:01pm | 568Investments often revolve around stocks, real estate and digital assets, but there's an increasingly lucrative avenue rocking investors' worlds — music memorabilia. Beyond the melodies and lyrics that shaped generations, memorabilia offers a nostalgic journey through music history and a path toward...