The Telegraph looks at the growing competition among the world’s wealthiest for high-priced art trophies as status symbols, and notes the growing trend towards the establishment of non-profit foundations and museums as an even more appealing demonstration of wealth.  “Making your collection available to the public, understanding the journey you have been on, your taste,” says Celine Fressart, head of special projects at 1858 Ltd.  “That, really, is the ultimate in bragging rights.”Read more at The Telegraph

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