Tag: wealthy owners

Two members of staff hold the painting by late Franco-Danish painter Camille Pissaro "Darse de peche et bassin Duquesne, Dieppe, apres-midi ensoleillee" (Fishing dock and Duquesne basin, Dieppe, sunny afternoon) during the photocall at the Sotheby's auction house, in central London, on June 19, 2024 ahead of the Sotheby's major Modern & Contemporary art auction of the summer season. (Justin Tallis/AFP)(AFP)
Posted in Business

The rich can’t sell their art, so they’re borrowing against it

A wealthy client at Bank of America Corp. put up his fine-art collection so he could borrow enough to buy a sports franchise. Another posted…

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