In this video we uncover the inner workings of the art market and how the ultra-wealthy have been using their art portfolios to manipulate prices, by taking advantage of the inherent transparency issue in the art market in order to further exploit certain tax loopholes such as like kind exchanges and fractional donations to museums.

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The art market has become a playground for the ultrawealthy to avoid taxes while hiding millions of dollars out of sight. The investment of choice is usually masterworks of famous artists. These multi-million-dollar art collections are then used to deduct millions in taxes. The ownership of these manipulated high-end artworks is usually not on the individual instead hidden under shell companies registered in tax havens.
The art storage is often handled by freeports, such as the Geneva Freeport in Switzerland. The paintings are often
The manipulated story of Salvador mundi is a perfect summary of the questionable dealings inside the art market. Salvador Mundi was bought by Saudi Crown Prince Bin Salman in an auction in 2017, and since than Salvador Mundi is gone out of sight.
Art dealers and art galleries are in on the action too, the auction houses are very powerful, and almost every part of the market is a monopoly of its own. The value of high-end paintings gets often manipulated, which requires policy makers to step in and create new regulations for the art market. Especially in the emerging contemporary art market price manipulations are increasing over time.

Leonardo da Vinci's 'Salvator Mundi' | 2017 World Auction Record | Christie's.
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The Last da Vinci: The World is Watching
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