Recently, the Rothschilds sold a fantastic asset for over $197 million to the Dutch government. Oprah Winfrey sold this asset for $150 million (grossing $62 million). Jeff Bezos recently sold Amazon stock to buy this asset for $70 million. But they are not the only ones investing in this property. Bill Gates keeps $124 million of this property in his personal mansion. The item referred to is art.
Most people don’t realize that from 1995 to 2020, contemporary art prices were nearly three times higher than the S&P 500. In addition, during periods of high inflation (like now), contemporary art prices have risen faster than stocks, REITs, and even gold. So it should come as no surprise that some of the ultra-rich have invested in this asset in recent years.
Unfortunately, most people think you have to be ultra-rich to afford an expensive painting by famous artists like Picasso, Basquiat, and Condo. But members who use the masterworks.io app didn’t have to pay the massive $1,760,000 price tag to invest in one of these assets.
What is the $1 Billion Masterworks.io App?
Masterworks.io is a $1 Billion Art Investment Startup by Harvard, Stanford and Columbia alumni that allows everyday investors to invest in contemporary art for a fraction of the purchase of an entire work of art.
In 2012, the JOBS Act allowed famous works of art to be purchased by investors as individual shares representing investments in paintings, among other alternative assets.
Masterworks.io thus allows investors to invest piece by piece in art from famous artists, such as Banksy, Basquiat and Warhol, for as little as $20. This gives ordinary investors access to the same types of paintings collected by wealthy collectors such as Jeff Bezos, Bill Gates and Eric Schmidt.
It’s a genius way to invest in famous works of art without spending millions of dollars right away. And with 312,234 users and counting, the Masterworks.io App builds real steam. Shark Tank’s Kevin O’Leary even tweeted, “Anyone can invest in art with names like Banksy, and I love what they (Masterworks) do.”
Why use this app now?
According to Citi, in the first seven months of 2020, art has outpaced other asset classes such as stocks, cash, real estate, commodities and even private equity during the pandemic.
The BBC explained that art generally has a low average correlation with the stock market, so contemporary art prices don’t necessarily follow the direction of stock market movements.
For investors looking to diversify into alternative assets, masterworks.io offers a great opportunity to do so. Investors can choose to invest in works of art by artists such as Pablo Picasso, Zao Wou-Ki, Gerhard Richter and others.
However, once specific goals are achieved for each piece of art, investors no longer have a chance to invest. Recently, a Banksy painting called Exit through the gift shop sold out in less than three hours on the Masterworks.io app.
How does the Masterworks.io app work?
In 2017, CEO Scott Lynn set out to democratize the art market by securing the first painting, the painting by Andy Warhol. 1 Colored Marilyn (Reversal Series)† He said, “That light bulb came on… and I noticed that this is probably the largest asset class that has never been securitized.”
With a track record of 20 years building successful businesses, Scott Lynn created Masterworks. It is currently the largest company offering direct access to multimillion-dollar artwork from artists such as Picasso, Monet, and Basquiat.
This is how it works:
Masterworks.io’s research team analyzes more than 60,000 data points spanning more than 70 years to discover what types of work have the potential to show price increases.
Masterworks.io buys and securitizes the artwork and makes it available to investors on the Masterworks.io app.
You can show your investments in the artworks to other users on the platform.
You can also choose to hold onto your investment in the artwork and participate in its distribution when Masterworks sells it.
Price rating of famous works of art
masterworks.io allows investors to receive price increases of paintings by famous artists such as Picasso, Monet and Banksy listed on the platform.
In 2020, Masterworks investors saw a 32% annualized valuation from the sale of their Banksy painting, Mona Lisaexcluding costs.
And in 2021, investors will receive a 31% annual valuation on the sale of their George Condo painting, Staring into spaceexcluding costs.
How to buy the “billionaire assets” with just a few clicks?
You only need to follow three steps to get started:
1) Go to the Masterworks login page.
2) Enter your contact details and answer some questions.
3) An art investment representative will contact you and assist you.
Or call 203-518-5172 (9:00 AM – 6:00 PM EST Monday through Friday) to learn more about the asset class and discuss your financial goals, risk tolerance, and other considerations with an art investment representative.
See key disclosures at: masterworks.io/disclaimer