Restricted content

Karsten Greve one of the long-standing and great European postwar dealers, the gallery sold a large, glazed, and polychrome terra cotta Lucio Fontana vase, “Concetto Spaziale” from 1952, in the region of €350,000. Christophe van de Weghe sold Robert Mangold’s trapezium shaped 96 by 119 inch abstraction “Plane/Figure VI” from 1992, in acrylic and pencil on paper, for $650,000 to a European collector. Jack Kilgore Gallery Franz von Stuck’s large-scale “Der Drachentoter (The Dragon Slayer)” from 1913, featuring the armor costumed hero embracing a standing nude female figure, sold in the region of the $2.1 million asking price. a late Symbolist work by Edgard Maxence, “Rosa Mystica (The Mystery of the Rose)” from 1918 and measuring 64 1/4 inch in diameter, in the region of $450,000. Stephen Ongpin Fine Art sold Jacob Adriaensz Backer’s “A young Boy in a plumed cap” in black chalk with traces of red chalk for €11.000. Govaert Flinck’s...

Read More

Restricted content

Philanthropy is not about giving money but about solving problems. While well-meaning, the idea of writing a check and calling it "philanthropy" is extremely short-sighted and unfortunately, extremely pervasive. Instead, philanthropist should think like an entrepreneur and think of social challenges as an opportunity to create large enterprises. It's really easy to create a $1 billion company-you just have to solve a $10 billion problem. Most of these large $10 to $100 billion problems happen to be social problems. That's why I think that some of the largest opportunity exist for an entrepreneur in solving humanity's grand challenges. True philanthropy requires a disruptive mindset, innovative thinking and a philosophy driven by entrepreneurial insights and creative opportunities. To disrupt the status quo, drive philanthropy at tremendous scale, and develop long-term economic vitality through giving, we must apply the same models for success in our philanthropic endeavors as we do in business. As a lifelong...

Read More

Restricted content

Explore the most popular Wealth-X stories of the year, from the 25 wealthiest Millennials to interviews with billionaire investors. 1. Why Billionaires Are Flocking to Antigua and Barbuda – With a popular citizenship-by-investment program, the Caribbean’s twin island state of Antigua and Barbuda is becoming the new billionaires’ playground. 2. Wealth-X Reveals: The 20 Wealthiest People Under 35 – The youngest person on the list is Snapchat chief executive Evan Spiegel, who at the age of 25 has already amassed a personal fortune of US$1.9 billion. 3. Wealth-X Reveals: The World’s 25 Wealthiest Self-Made Billionaires – American corporate titans dominate the list of entrepreneurs. 4. The Global Ultra Wealthy Hold Nearly US$3 Trillion in Owner-Occupied Residential Real Estate – On average, UHNW individuals own 2.7 owner-occupied residences. 5. Wealth-X Ranks the US States by Ultra Wealthy Population – The United States’ UHNW population accounts for a third of the global UHNW population. 6. Wealth-X Reveals: The...

Read More