Tag: art market

Industries, Others

The Art Market Is All About the 0.1%

April 7, 2023

Via: The Wall Street Journal

The art market is starting to look like a painting that has too much of the action crammed into one corner. Artworks worth an estimated $67.8 billion were sold globally in 2022, according to a report this week from art-show […]

Capital, Finance Tech, Liquidity

The wealthy are borrowing billions against their art collections and lenders are reselling the debt

February 25, 2021


More and more wealthy art collectors are cashing in on low interest rates to borrow against their Picassos and Basquiats, adding to risks of a leveraged boom and bust in the art market. The Fine Art Group, an art advisory […]