Thursday, October 25, 2012

What Bill Gates, Paul Allen and other moguls do with some of their millions: learn about the fine arts and collect art


Bill Gates
Originally uploaded by nitot
Bill Gates and Paul Allen, each bigillionaires because of their success as founders of Microsoft, have amassed large art collections.

Like you, they took fine arts classes when they were young. As their success in the business world grew, their sense of what to buy with their money turned to art.

For many billionaires, says Forbes.com, the art purchases they've made has been a profitable move.

Eric Clapton, rock guitarist and songwriter, recently made millions when he auctioned a painting by Gerhard Richter that he'd bought in the 1990's.

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