Federal authorities say the alleged second in command of the $250 million Feeding Our Future fraud scheme has been captured in Somalia after nearly four years on the run.
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Federal authorities say the alleged second in command of the $250 million Feeding Our Future fraud scheme has been captured in Somalia after nearly four years on the run.
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The Most Expensive Artworks in the World are Often Sold Behind Closed Doors. Here's What’s Happening. |
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Last year, a Van Gogh painting reportedly sold for $200 million. A Rothko for $195 million. A Frida Kahlo for $150 million. None of these transactions are in auction records or any public database. |
For years, top auction houses like Sotheby’s and Christie’s have been quietly running invitation-only private auctions for their wealthiest clients. |
These huge transactions don't happen in a vacuum. This invisible market often influences the asking range for comparable works in the larger art market. |
That said, you don't need an invite to a private auction. Masterworks lets you invest in shares of blue-chip artwork. Their track record to-date: |
$1.3B deployed across 525+ artworks by 70,000 members 29 sales to date Net annualized returns like 16.5%, 17.6%, and 17.8%, not including those unsold*
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Skip the waitlist here → |
*Investing involves risk. Past performance is not indicative of future returns. See important Reg A disclosures at masterworks.com/cd. |
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