Billionaires put austerity measures on the back burner #austerity #billionaire
What’s odd about this?
In a world where commissions charged on financial products have been decimated, amazing that margins as high as this still exist!
Still, if you’ve got $100m to blow on a painting what’s another $12m in commission fees? It’s all about supply and demand?
Common sense, don’t buy a painting without it.
- Portrait of Gillard govt fetches $120 million (thepunch.com.au)