 | |
| Company type | Privately held company |
|---|---|
| Industry |
|
| Founded | 2017 |
| Founders | Scott Lynn |
| Headquarters | Brookfield Place, New York City , U.S. |
Area served | United States + 100 other countries |
Key people | Scott Lynn (CEO) Allen Sukholitsky (CIO)[1] |
| AUM |
|
| Members | 800,000 (2023) |
Number of employees | ~200 (2024) |
| Website | Official website |
Masterworks Advisers LLC is an American financial services company that specializes in the Art Investment market. Masterworks is a global brand with investors from over 30 countries. The company's secondary market is available to investors in more than 12 countries. Traditionally, Masterworks will buy a piece of art and file it to the SEC as a Public offering, the company will then sell shares of the art on their website for varying costs.[2] Masterworks helps investors add another asset class to their portfolio as contemporary art investments have outperformed the S&P 500 over the last 25 years (offering a 14% annual return versus the S&P 500′s 9.5% annual return), according to the Citi Global Art Market chart [citation needed]. As of December 2023, Masterworks has over 1 million members and over $ 1 billion in assets under management.[3] The company has notably sold artworks by Banksy, George Condo, Cecily Brown, Simone Leigh, Claude Monet, and Andy Warhol.[3][1]
- ^ a b "Masterworks: The $1bn company selling paintings as stocks and changing art forever". The Independent. 2022-02-17. Retrieved 2024-01-26.
- ^ Gravier, Elizabeth. "Masterworks: The platform that allows nearly anyone to invest in multimillion-dollar art". CNBC. Retrieved 2024-01-26.
- ^ a b "Masterworks Review 2024". Time. 2023-12-13. ISSN 0040-781X. Retrieved 2024-01-26.