How Two Companies Dominate The $67 Billion Art World
890K views · Oct 30, 2019 · News & Politics
Comments · 881
@felixf4378 · 6 years ago
When you have so much money that you don't know where to store it anymore.
656
@theophendyj9816 · 6 years ago
Literally 90% of the comments:”art auctions are used for money laundering”.
691
@stuffthings9618 · 6 years ago
Imagine being so rich you have the two biggest auction companies rock paper scissors against each other. Those are some mega balls of steel.
140
@Skra67b · 6 years ago
I wonder how many assassins would come after me if I stole all the art in one of their auctions
357
@MoorishBrooklyn · 6 years ago
Shout out to the Asian guy that had them play rock, paper scissors. Priceless. Good educational video.
250
@nxjxjfufc8778 · 6 years ago
I swear some of these expensive art paintings look no different than goodwill paintings for $5
175
@boldbbqdorito7275 · 6 years ago
My kindergarten painting could prolly make a couple 100 stacks
385
@SpaseGoast · 6 years ago
Art is just a way to launder money.
1.7K
@GamerbyDesign · 6 years ago
"The world is generally a much richer place then it was a few years ago." I've never gotten a sense of this in my neck of the woods.
101
@Ialivinci · 6 years ago
I'm addicted to binge watching CNBC and Business Insider
171
@Anita-md9ze · 6 years ago
The fact that he says the buyers are coming from whatever sector of the economy are doing well says it's obvious they only use these as vehicles to move cash and dodge taxes. They aren't interested in the art. You don't have to have money to suddenly be interested in art.
40
@sutats · 5 years ago (edited)
Two decades ago Christie's and Sotheby's were found guilty for price fixing and they're still at the top of the game today.
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