5 Reasons Why Rich Actually Buys Expensive Artworks


Here are five reasons that Rich Actually Buys Expensive Artworks

To avoid tax

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

Become glamorous

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

Great Investment

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

To stores value

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

To get delighted

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

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