Ultrawealthy Americans Are Scrambling To Get Ahead Of Bidenâs Planned Tax Hikes
Wealth advisers to the 1% say thereâs sheer panic: âSometimes people donât realize how much money theyâve accumulated until theyâre about to lose it.â
Illustration: Damon Dahlen/HuffPost; Photos: Getty
For the 1%, 2020 was a year of gangbusters growth. Now, the ultrarich are scrambling to hang onto their fortunes.
In his 50-odd years as an appraiser of gems and fine jewelry, Warren Morss has laid eyes on some dazzling pieces.
There was the eye-popping, 17-carat diamond, and the pair of diamond earrings weighing 4 carats apiece, roughly the same as Hailey Bieberâs engagement ring. There was the emerald necklace boasting not one big pendant, but large-cut stones all the way around the collar and more emeralds dripping down the front. (âReally too much in my opinion,â he said decorously.)
Mark Rothko s penultimate painting Untitled from 1970 in Christie s NY 20th Century Evening Sale artdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artdaily.com Daily Mail and Mail on Sunday newspapers.
BBC News
By Lucy Williamson
image captionParis under occupation: Nazi Germany controlled the French capital from June 1940
Eighty years ago, Nazi officers entered a local bank in a sleepy corner of south-west France, and raided a safe deposit box there.
Hidden inside, they found a stack of artworks, including a painting by Impressionist artist Camille Pissarro, showing a shepherdess bathed in warm light greeting her flock.
image copyrightPatrice Schmidt/Musée d Orsay
The painting had been hidden there by a Jewish couple, Raoul and Yvonne Meyer, the heirs of famous French department store Galeries Lafayette. It was 1941, and France had already been under German control for a year. The Pissarro canvas disappeared into Nazi custody.
Transatlantic struggle for painting stolen by Nazis msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.