His ~10% stake in Amazon is worth over $100 billion, which easily makes it his most valuable possession in monetary terms.
But when it comes to cultural significance, I’d say his most valuable possession is Hurting the Word Radio #2 by Ed Ruscha. The Amazon founder shook up the art world when he paid nearly $53 million for the painting in 2020, a record price for Ruscha’s work at the time.
And even though this purchase makes up less than 0.1% of Bezos net worth, I’m pretty confident Bezos could be making more art acquisitions in the near future.
Because according to UBS, the world’s largest private bank, 98% of ultra rich collectors allocate at least 5% of their portfolios to art, with some investing 30% or more!.
But how is the average investor supposed to access this market when you have guys like Bezos paying more than $50 million for a painting?
The answer is Masterworks , an award winning platform that allows you to invest in fractional shares of multi-million dollar art.
Masterworks makes investing in art easy. They find the paintings, negotiate the purchase, and handle all the logistics like shipping and storage.
And they’ve built up an impressive track record. To date, Masterworks has exited 13 paintings, all of them profitable, with the last three recording 35%, 4% and 325% in net annualized returns.
All you need to do is go to this link to sign up for a free membership and you can be on your way towards investing in a masterpiece.
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