15 REAL Reasons Why RICH PEOPLE Buy ART

15 REAL Reasons Why RICH PEOPLE Buy ART

Thanks to our friends at Audible!
Disclaimer: signing up for Audible will result in financial compensation towards Alux Inc at no additional cost to you, the consumer.

Why do rich people buy art?
What's the reason behind rich people buying art?
Why do rich people buy modern art?
Why do super-rich people invest in art?
How do the wealthy prefer investing in art?
Why do extremely rich people spend so much money on art?
Why do billionaires buy art?
Why is art worth so much money?
Where does art get its value?
Is art a good investment?
Do the rich avoid taxes by buying art?
How do the rich do money laundering through fine art?
Is art a way to launder money?
What is the relationship between art and money?
Is modern art a front for money laundering?

____________
00:00 - Intro
00:56 - The satisfaction of owning it
01:35 - An investment that could rise in value
02:53 - To diversify an investment portfolios
03:36 - If you’re rich and glamorous, it’s part of the lifestyle
04:20 - If you’re rich but not-so-glamorous, it’s a great way to become glamorous
05:01 - A safe haven for capital
05:39 - To enrich their environment
06:13 - To inspire creativity
07:08 - It’s a talking point.
07:31 - To show it off
08:26 - To pass it on to your children
09:06 - Tax avoidance
09:29 - To increase the value of property
10:22 - To set up art galleries
11:05 - Pride in your culture
11:46 - Question
*

#alux
#rich #buyart

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[alux]

Hello Aluxers, !  If you were given a million dollars to spend on art, what kind of art would you spend it on?

Disclaimer: signing up for Audible will result in financial compensation towards Alux Inc at no additional cost to you, the consumer.

[frasala]

SUMMARY:
1. The satisfaction of owning it
2. An investment that could rise in value
3. To diversify an investment portfolio
4. If you are rich and glamorous, it’s part of the lifestyle
5. If you are rich but not so glamorous, it’s a great way to become glamorous
6. A safe haven for capital
7. To enrich their environment
8. To inspire creativity
9. It’s a talking point
10. To show it off
11. To pass it on to your children
12. Tax avoidance
13. To increase the value of property
14. To set up art galleries
15. Pride in your culture
🙃

[TheIcelandicInvestor]

00:00 - Intro
00:56 - The satisfaction of owning it
01:35 - An investment that could rise in value
02:53 - To diversify an investment portfolios
03:36 - If you’re rich and glamorous, it’s part of the lifestyle
04:20 - If you’re rich but not-so-glamorous, it’s a great way to become glamorous
05:01 - A safe haven for capital
05:39 - To enrich their environment
06:13 - To inspire creativity
07:08 - It’s a talking point.
07:31 - To show it off
08:26 - To pass it on to your children
09:06 - Tax avoidance
09:29 - To increase the value of property
10:22 - To set up art galleries
11:05 - Pride in your culture
11:46 - Question

[palmamingozzi]

Art is the medium between fantasy and reality, let’s not forget the comfort behind having artwork. Not everyone can create it and is a movement. The highest most beautiful moment is connecting with the painting, understanding it and being moved by it. Art means something different for everyone and is left to interpretation. It has the ability to move the heart, trigger a memory, bring out the spiritual and is an experience. It is ignorant to think its use is for decoration. Art is here to teach us about ourselves. It is about feeling and emotion. If it moves you it has value and you will spend anything for that memory - rendering a painting priceless.

[MrJoon]

Art is not always about pretty things. It's about who we are, what happened to us, and how our lives are affected--Elizabeth Broun

[licensingact]

Launder completed in less than a minute

[qwertyqwerty]

Looking for Money Laundering through the whole video.
Alux never let us down.

[FreePalestinenyc]

I love cherub and angel paintings, even if it was cheap, it still makes a room look sophisticated! And they're so pretty 😍😍😇

[tangu]

The Icelandic Investor
00:00 - Intro
00:56 - The satisfaction of owning it
01:35 - An investment that could rise in value
02:53 - To diversify an investment portfolios
03:36 - If you’re rich and glamorous, it’s part of the lifestyle
04:20 - If you’re rich but not-so-glamorous, it’s a great way to become glamorous
05:01 - A safe haven for capital
05:39 - To enrich their environment
06:13 - To inspire creativity
07:08 - It’s a talking point.
07:31 - To show it off
08:26 - To pass it on to your children
09:06 - Tax avoidance
09:29 - To increase the value of property
10:22 - To set up art galleries
11:05 - Pride in your culture
11:46 - Question

[selfable-relyonyourself]

“Art enables us to find ourselves and lose ourselves at the same time.” Thomas Merton

[joymae]

I love art, if someone had a Monet in their home I would have MAD respect for them. I also love pop culture art but try to stay minimalist in my home. It's a great talking point in the home. My favorite part is the tax parts.

[holistichottiekarynsmith]

I’ve actually been independently trying to study and learn about the art market recently in my free time, so I got so excited when this video popped up on my feed! Everything is definitely spot on. Thank you for such an interesting and thorough video on the art market!

[wolf]

if i was a millionaire i would buy some lowbrow art or pop surrealism from mark ryden, robert williams or todd shorr, also to jonh currin or paul laurenzi !! im an artist too trying to sell my art to get to this point even to buy old masters like jerome bosh or pieter brueguel the helder

[pro_populo]

I would definitely spend it on anything Neo-Expressionist. The works of Jammie Holmes, Gebre Kristos Desta and Njideka Akunyili Crosby are at the top of the list.

[sonny]

If you are an art collector go onto google and in the search bar type in Dominic DiLorenzo art and you will see a link that goes to his website where you can see the art that he makes. You can get his contract information on that site and buy his work.

[TalboiArts]

This video inspired me to continue with my art, thanks a lot Alux and anyone reading this

[aliharandi]

Nobody :

Rich people: laugh in money laundering 😂

[TheOneAboveAllx]

Expansion on point 16- it is so easily possible because art is the last unregulated market

[menaseven]

I think art is a good way to invest and store money. I like the art and jewelry business because one item can cost a lot of money, for example, one painting can cost $1 million, a 10-carat diamond ring can cost $1 million and a 10-carat emerald ring can cost $2 million

[souradipsoudipabhattacharj]

Youtube's feature of time stamps in description took away the job of the timestamps giver in the comment section!!