- Home
- (Sm)art Investing: Rich Move Assets from Banks to Warehouses
(Sm)art Investing: Rich Move Assets from Banks to Warehouses
To avoid paying taxes, the rich are emptying their bank accounts in Switzerland and investing in art. This has spawned a new business of storing such works tax- and duty-free in warehouses across the world.
One of the world's most valuable art treasures is being stored in an extremely ugly place, a six-story concrete building known as the Geneva free port. Instead of windows, much of the façade of this giant safe for the world's wealthy is covered with gray panels.
Ga verder met lezen
Dit vind je misschien ook leuk
Laat mensen jouw mening weten
Lees ook