August 10, 2024
Art Investment

Saudi Arabia’s arts and entertainment investments also serve political needs : NPR

A Saudi man visits an arts exhibition by late US artist Andy Warhol at the Maraya concert hall in the ruins of AlUla, a UNESCO World Heritage site in northwestern Saudi Arabia, on February 19, 2023. AFP via Getty Images hide caption toggle caption AFP via Getty Images A Saudi man visits an arts exhibition

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Art Investment

How the World’s Wealthiest Invest Their Money: Knight Frank Survey

A Porsche 911 car parked outside Chanel on London’s Bond Street. Mike Kemp/In Pictures via Getty Images Knight Frank’s 2023 “Wealth Report” details how ultra-high net worth individuals invest their money. Stocks and shares are the biggest individual contributors, with 26% of the average UHNWI’s portfolio held in equities. About 5% of their portfolios goes

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European Fine art

Pink Panthers Gang Suspected as TEFAF Diamond Thieves – ARTnews.com

Courtesye TEFAF Maastricht A Balkan gang is suspected of being behind the theft of diamonds at last year’s edition of The European Fine Art Fair (TEFAF), the renowned Dutch art fair, the Limburg police department announced Friday. An international consortium of researchers and detectives working on the case believe the theft to be the work

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European Fine art

After an attempted robbery at gunpoint and leadership changes, Tefaf Maastricht resolves to get back to business

A global pandemic, an attempted armed robbery and four leadership changes over three years—it’s fair to say that The European Fine Art Foundation (Tefaf) has faced a few challenges of late. Nevertheless, with its Maastricht event returning to its usual springtime slot in the calendar (11-19 March) following a slimmed-down edition in June last year,

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European Fine art

The Must-See Jewels at TEFAF Maastricht 2023

From March 11 through 19, a treasure trove of incredibly rare jewels can be explored at one of the world’s top art fairs, the European Fine Art Foundation’s TEFAF Maastricht in the Netherlands. Staying true to the standards set by previous TEFAF fairs, the jewels—along with Old Masters paintings, antique furniture, and more—were carefully curated

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European Fine art

For Those Attending TEFAF, Art Outweighs a Robbery

The last thing the organizers of a venerable event like the European Fine Art Fair want to be associated with is a heist. But during last year’s fair in Maastricht, the Netherlands, four men smashed a glass display case with a sledgehammer and took jewelry, the police said, in broad daylight as horrified collectors and

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European Fine art

To Design TEFAF, ‘You Have to Be a Little Crazy About Art’

Designing a major art fair is like creating a temporary metropolis. It involves months of research, imagining and planning; weeks and weeks of building; and, above all, it requires a singular vision: to bring hundreds of presenters and thousands of attendees together. Based in Amsterdam, Tom Postma and his firm, Tom Postma Design, have designed

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European Fine art

TEFAF is the Art Fair Curators Love

In theory, any collector who is willing to pay for a work of art is a good collector. But art dealers favor having a museum as a client, since an institutional purchase confers prestige on the art, as well as the gallery that sold it. TEFAF Maastricht has always prided itself on having groups of

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Art Investment

Classic cars and watches among best-performing passion investments; art tops luxury investment index 2022

There is good news for lovers and collectors of art. It may not just please your heart but also your bank balance. Art has been the top performer providing a 29 per cent return in the 12 months ending December 2022, as per the Knight Frank Luxury Investment Index (KFLII) — which tracks the value

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Art Investment

Fine art tops Luxury Investment Index 2023

Andy Warhol’s Shot Sage Blue Marilyn sold for $195 million at Christie’s. Fine art and collectable cars are the luxury investments with the strongest growth, according to Knight Frank‘s 2023 Wealth Report Amid the economic turmoil of 2022, investment in luxury assets grew – with fine art experiencing an annual boost of almost 30 per

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