5 Reasons Why Rich Actually Buys Expensive Artworks

Here are five reasons that Rich Actually Buys Expensive Artworks

To avoid tax

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Expensive artworks are the smartest tool for rich to transfer wealth and get benefits of tax breaks

Become glamorous

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Rich uses art as a tool to look glamorous, it adds to their fame and personality

Great Investment

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Art is a great investment vehicle which generates record-breaking returns for art collectors

To stores value

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Compared to other assets, painting stores both monetery and cultural values

To get delighted

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Every person feels pleasure in owning something or the other, similarly the rich have the pleasure of owning unique paintings

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