Reported 10 months ago
Elon Musk has shifted his focus towards fine art as a stable investment class, following investments in AI that have proven fruitful. Notable figures like Oprah Winfrey, Jeff Bezos, and the Rothschilds have also ventured into this asset class, with Jeff Bezos making a $70 million investment. Research indicates that art investments have outperformed gold, stocks, and the S&P 500 during certain periods, making it an attractive option for investors seeking diversification. Platforms like Masterworks allow everyday investors to access fine art investments and have seen impressive returns, making art investing more accessible.
Source: YAHOO