1st Gaep Art Seminar for CEO Clubs: Money and Art
Who gets rich in the art world?
The starving artist as a disruptive force despite having no money is just an exception to the rule. Historically, most artists who made an impact were financed by family money or an inheritance, had sponsors and collectors to finance their art or simply had an entrepreneurial spirit and conducted their studio as a business.
Today, more art is being produced and sold than ever before, at ever higher prices. What was once a niche trade, mostly based in the USA and Western Europe, has expanded into a global industry that attracts wealthy buyers who compete for works by brand-name artists.
How did money shape the evolution of art? When did art become a popular asset for wealthy people? What opportunities does the art market present to private collectors who are not among the world’s ultra high net worth individuals? And how do successful artists run their business?
We invite you to delve into the multifaceted relationship between money and art.
Speaker: Andrei Breahnă (cultural Manager, gallerist and collector)