The world of art and finance has always been a niche market, however a new report from Deloitte pinpointed a rising interest. Deloitte’s eighth Art & Finance Report found collectors are increasingly aware of the positive impact culture and creativity can have on economic development and society, in part due to support from world organizations
Art has overtaken classic cars as popular investment of passion option among Kenya’s wealthy population. The 18th edition of wealth report which gives a perspective on wealth investment trends in 2024 indicates 70 per cent of high-net-worth individuals in Kenya expressing keen interest on art, a significant uptick compared to the previous year when the
An up-and-coming artist is suing her older brother after accusing him of failing to repay a £1.3m investment. Chloe Feinberg, who studied at St Martins School of Art and the Royal College of Art, says her brother, a lawyer and sophisticated private investor, had advised her to put part of her inheritance from her mother’s
Volodymyr Ivash / Getty Images/iStockphoto According to Grant Cardone, wealthy people don’t always invest in homeownership to build wealth. He even shared in an article for CNBC Make It that he didn’t buy a home until he could afford to make the purchase in cash. While regular people often invest in property to get started,
In one of the latest protests stemming from the Israel-Hamas war, artists are boycotting Toronto’s Contact Photography Festival—an annual, month-long event that takes place throughout the city in May, with more than 130 exhibitions and 250 artists participating this year. Earlier this year, a grassroots campaign started encouraging people to withdraw from Contact due to
Last year, two Erie County legislators sponsored the Erie County Public Art bill. It was signed into law by the county executive. BUFFALO, N.Y. — Local artists have been struggling. Many are simply small business owners. Last year, two Erie County legislators sponsored the Erie County Public Art bill. It was signed into law by
These Millennial collectors are not only purchasing art for the first time, but they are doing so with the long-term view of building world-class collections that can grow over time, in both cultural and financial value. “This is a global trend but young Singaporeans are showing a leading initiative in this movement,” observed Art Works
The theft of a Bronze Age gold torc and bracelet from a UK institution has sparked calls for greater government investment in the museum sector. Police are yet to make arrests and are appealing for information to track down two thieves who broke into the Ely Museum, Cambridgeshire, on 7 May and escaped on electric
ATLANTA — Google and Morehouse College are partnering for a new annex classroom as the tech giant invests more into historically Black colleges and universities. Google will unveil its new Google Annex classroom at Charles Merrill Hall on Monday morning. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] “We are thrilled to deepen
Jeff Bezos’ Most Prized Possession Breaks Historical Auction Records At Almost $53 Million Jeff 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