September 20, 2007

by Linda Hutchinson 

In The Great Gatsby, F. Scott Fitzgerald once said, “The very rich are different from you and me.” Just how different is where it gets interesting. According to the Wall Street Journal the rich are really going to new heights. How so? Their children are becoming art collectors. Everyone who deals with wealthy clientele knows that collecting things is central to their lives. They collect homes, land, cars, and more.

According to a recent news article in the Wall Street Journal, buying art is a way to encourage them to spend money in lasting ways. One parent is quoted as saying “We want our kids to feel the same way we do about art, but we also want to keep them grounded, and that’s tricky.” I find the thought of a nine year old owning a Warhol to be extraordinary. Why not? Something tells me Warhol would be immensely amused.


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