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Tech & Science The world's most expensive paintings ever sold

08:35  27 november  2019
08:35  27 november  2019 Source:   msn.com

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3 Most expensive painting by a female artist. 4 Most expensive non-Western paintings . 5 Interactive graph. Since the museums rarely sell them they are considered priceless. Guinness World Records lists Leonardo Da Vinci' s Mona Lisa as having the highest ever insurance value for a painting .

Claude Monet's "Meules" was sold for 0.7 million in New York. Take a look at some of the other most expensive paintings ever sold . You are using an older browser version. Please use a supported version for the best MSN experience. The world ' s most expensive paintings ever sold .

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Editor’s note: The opinions in this article are the author’s, as published by our content partner, and do not represent the views of MSN or Microsoft.

I’m sure most people reading this would like to retire rich.

It takes years and years for most people to earn and save enough money to be as rich as they’d like to be.

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An icon of the world globe, indicating different international options." They claim it is the most an Impressionist work has ever sold for. 0.7 million is almost a bargain — there are many Below, take a look at the 16 most expensive paintings that have sold during auctions or via private sales.

This iconic work was the most expensive painting ever sold at auction until it was surpassed by Another painting sold by Geffen in 2006, but this time bought by billionaire Steven A. Cohen. Not only the most expensive painting ever auctioned, but also a record for a contemporary work of art.

There are some investment options that could help you get there steadily over the long-term such as Australian Foundation Investment Co. Ltd. (ASX: AFI) and Vanguard Australian Share ETF (ASX: VAS).

But I don’t think Australian index-like investments produce enough growth for investors to reach retirement at a good pace. Many large ASX businesses aren’t generating much growth, they aren’t re-investing for growth and produce relatively low returns on equity (ROE).

Here are three shares that I think could help you retire rich:

Webjet Limited (ASX: WEB)

Webjet is a leading online travel business for consumers and businesses alike. Its share price has grown by 293% over the past five years despite the recent Thomas Cook problems.

The company has grown so much already but I think there’s a lot more to come over the long-term with an increasing focus on its WebBeds business which management thinks can hit an earnings before interest, tax, depreciation, and amortisation (EBITDA) margin of 50%. Excluding Thomas Cook, this segment grew total transaction value (TTV) by 50% in the first few months of FY20.

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Perhaps more often, the constant price increases make art a sensible investment for the wealthy; artwork in private possession is heritable property, often taxed at low rates if at all, and it grows in value at rates faster than many less reliable investments. Below is a list of the most expensive paintings

These 10 paintings are the World ' s most expensive ones. The 100 Best Paintings by Painters posted in 2017 | LearnFromMasters (HD) - Продолжительность: 10:20 LearnFromMasters 57 977 просмотров.

I believe Webjet is so attractive for long-term wealth because it’s growing a variety of different businesses all of which can achieve high-profit margins which should see a profit (and the dividend) continue to grow at a good pace.

It’s trading at 14x FY21’s estimated earnings.

WAM Microcap Limited (ASX: WMI)

Some of the best and most attractive opportunities on the ASX are in the small-cap space. The WAM Microcap team looks for opportunities that have a market capitalisation of under $300 million (AUD$440.03m), they are doing the investing for us.

Not many investors look at small caps, so if one does their homework you can find some real gems at good prices that are on their way to become the next blue chips.

Since inception in June 2017, the WAM Microcap portfolio has returned an average of 23.7% per annum before fees, expenses, and tax. It has been one of the best-performing listed investment companies (LICs) over the past year.

Luxurious penthouse breaks record for Australia's most expensive home

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While some people value paintings according to beauty, skill, or uniqueness, there are others who value them according to their price. So what is the world ’ s most expensive painting ? Well, it depends.

This list includes only the most expensive paintings ever sold , not the world ' s most valuable paintings . Though artworks are assessed for insurance purposes, there’s The paintings are ranked by the original sale price in U.S. dollars. If the amounts were to be adjusted for inflation, the list would

There will be some painful years but it has shown it can achieve strong returns and grow the dividend.

Washington H. Soul Pattinson and Co. Ltd (ASX: SOL)

Soul Patts is perhaps one of the best businesses on the ASX. It has been listed for over a century and has paid a dividend every year at that time. Once you become rich you want to stay rich with regular cashflow in the form of attractive dividends and capital growth.

The investment conglomerate has increased its dividend every year since 2000, which is a great streak.

Soul Patts has achieved a compound annual growth rate of 16.1% over 40 years to July 2019, which would have turned $1,000 into $395,788 (AUD$580k) with dividends re-invested. Returns haven’t quite been as strong over the past 15 years with total shareholder returns of 11.6% per annum, which is still good and beat the market.

The company has a diverse, uncorrelated portfolio which should prove very useful if the market goes down. It’s investing in long-term opportunities like retirement villages and financial services that are exposed to the long-term tailwinds of the aging population and the growth of super.

Foolish takeaway

I think all three companies are well-positioned to continue to deliver good returns. Soul Patts is wonderfully defensive with a great growing dividend, WAM Microcap’s total returns are very strong over the long-term and Webjet looks excellent value to me for the next three to five years.


Artist David Hockney swaps his paintbrush for his iPad as he unveils his new high-tech art created on his phone and tablet .
The 82-year-old spent much of his time between 2009 and 2012 capturing scenes from a window in his former home in Yorkshire and now 120 of the artworks are being published.The 82-year-old spent much of his time between 2009 and 2012 capturing the scenes from a window in his former home in Yorkshire.

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