Manage episode 363991534 series 3326441
Look, building wealth can require you to take on new and creative ways to develop and preserve your net worth. But did you know one of the secrets of the rich in building and preserving wealth is found in Art? This alternative asset class is a subtle yet powerful way to grow your net worth. In this week's episode of Making Billions, I bring on my dear friend. Maria Brito. Maria is a straight-shooting, NYC art curator that works with ultra-high-net-worth collectors and celebrities like Puff Daddy, and Gwyneth Paltrow. Working with professionals, and being creative in your wealth-building efforts are all skills we need in our pursuit of Making Billions.
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[THE GUEST]: Maria Brito has 13 years of experience as an art advisor after leaving her career as a corporate attorney in a big law firm in New York City. She has acquired more than $100M in art for her clients, which include celebrities such as Sean “Diddy” Combs, Gwyneth Paltrow, CEOs of Fortune 500 companies, hedge fund portfolio managers, investment bankers, private equity firm partners and more. Art has been known to perform differently than traditional investments such as stocks and bonds. Some studies have shown that over the long-term, art has outperformed the S&P 500 with an average annual return of 7% over the past 10 years, outperforming the S&P 500's average annual return of about 4%.
[THE HOST]: Ryan is a Venture Capital & Angel investor in technology and energy. He achieved i
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