masterworks

Jerry Seinfeld, the iconic comedian behind the legendary sitcom “Seinfeld,” left an indelible mark on the world of comedy and amassed a fortune that continues to grow long after the show concluded in 1998. Even more astounding is his passion for collecting cars — his $100 million...

The investment world was at a crossroads in 2000. The dot-com bubble was in full swing, drawing investors to internet- and tech-related stocks. Traditional investment wisdom seemed to take a backseat as the allure of quick gains took center stage. Amid this speculative frenzy, Charlie Munger,...

An untitled Jean-Michel Basquiat painting sold for $110.5 million. (Photo courtesy of Masterworks) The moment shutters and flashlights kicked painters out of the portrait-making business, art had to reinvent itself. It became more about the depth, journey and story behind each piece, rather than...

Ever wondered where the truly wealthy stash their cash? It’s a question that fascinates many, and the answer might surprise you.  A recent survey by Bank of America Private Bank sheds light on the financial habits of millionaires in the United States. It turns out that the wealthiest...

In the 1987 movie “Wall Street”, Michael Douglas played the role of Gordon Gekko, a high-powered and ruthless corporate raider. Charlie Sheen portrayed Bud Fox, an up-and-coming Wall Street stockbroker who eventually became one of Gordon Gekko’s stock traders. There’s a...

Jim Cramer, the well-known financial analyst and host of CNBC’s popular show “Mad Money,” is a figure with a reputation for outspoken opinions and a solid track record in the financial markets. Cramer recently delved into the art market and its potential as a solid investment...

Investing money can be a pathway to building wealth. However, the impact of taxes on earnings cannot be ignored. To address this issue, some individuals adopt the buy, borrow, die strategy, developed by Professor Ed McCaffery in the 1990s. This strategy minimizes tax liability and preserves wealth...

In May 2022, Andy Warhol's iconic "Shot Sage Blue Marilyn" sold for $195 million, making it the most expensive 20th-century artwork sold at auction.  Renowned art dealer Larry Gagosian bought the work on behalf of an anonymous owner. Speculation about the owner turned toward billionaires,...

Investing in S&P 500 and Nasdaq companies has long been a common strategy. While there's nothing wrong with continuing down this path, alternative investments — such as fine art — should also be on your radar. Get this: Art prices have outpaced the S&P 500 by 133% over the last 26 years....

In May of 2021, the news broke that Bill and Melinda Gates had officially filed for divorce, citing irreconcilable differences. The high-tech power couple embarked on what was anticipated to become the most expensive divorce in history, given their substantial wealth. Having been together for 27...

David Nahmad’s journey from his traditional Jewish family in Lebanon to self-made billionaire proves art can be a lucrative investment.  Nahmad’s passion for fine arts led him to amass a fortune, primarily driven by his remarkable collection of over 300 Picassos valued at a minimum...

Everyone knows him as a talented actor, but Johnny Depp, the 60-year-old star, has recently showcased another skill - he's a remarkable artist. Depp's artistry in the visual realm has proven to be just as captivating as his performances on the big screen, leading him to amass an impressive...

The artwork that gained significant attention at Art Basel, initially dubbed the "Art Basel Banana," is actually titled "Comedian" and is the creation of Italian artist Maurizio Cattelan. Known for his provocative and absurdist works, Cattelan previously made headlines by...

In the ever-elusive pursuit of financial prosperity, art investing emerges as a captivating avenue — one that sparks intrigue and ignites dreams of unparalleled wealth. Can art truly serve as the catalyst to catapult investors into realms of extraordinary riches?  The answer, it seems,...

Banksy has the power to turn random wall owners into millionaires in a matter of minutes. Through his provocative anti-establishment commentary and a shroud of mystery surrounding him, Banksy has become one of the most sought-after living artists. As his popularity grew, so did the price tag of his...