Tag: American Demographics

Millionaires: 92% No Works of Art

By Thomas J. Stanley on Nov 14th, 2012 in Studying the Wealthy

In a recent New York Times article, the topic of  fake artwork was discussed.  Most millionaires [about 92%], however, do not have to worry about owning fake artwork because they don’t own art that has any market value.   Art comes under the broad heading of tangible/collectibles.  I once wrote an article about the tangible/collectible myth […]