10 December 2025
Tech Titans and Gulf Giants Duel: Kenny Schachter on Who Won the $236 Million Klimt and Magritte's Greatest Hit
A new breed of art (and old-bone) buyers is engaged in a death match of clout chasing, a no-holds-barred competition of ever-escalating expenditures, hunting big-game trophies to flex on the world stage while pursuing diversification hedges, and in the case of a handful of Middle Eastern monarchies, trawling for regional influence and tourism as an alternative to oil. Meanwhile, on the other end of the scale, Gen Zers are finding their footing in their own neoteric collecting communities, tap-tap-tapping away on their devices (aren't we all), grotesquely enriching the inner circle of feudal techno overlords in the process. Fun.
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