Don’t Worry, It’s Not Because They Have Some “Refined” Taste
Image created by author using Dall E-3
There’s a reason billionaires keep buying abstract garbage that looks like it was made during a toddler’s temper tantrum. It’s not about taste, talent, or even a love of culture. It’s about hiding money, legally.
Art isn’t just a commodity to the ultra-rich; it serves as a loophole, a tax shelter. A blank check you can hang on the wall or bury in a temperature-controlled crypt in Geneva. If you’ve ever wondered why a Jackson Pollock paint splatter sells for more than most cities’ school budgets, it’s not because it speaks to the soul.
Subscribe to continue reading the rest of this article.
