Overview
- Editors:
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Alessia Zorloni
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IULM University, Milan, Italy
- The first book dedicated exclusively to the financial and managerial aspects of collecting art
- Offers general recommendations on how to preserve and protect private art collections
- Advances the discussion on how to measure the success of museums and collecting institutions
- Informs artists about estate planning
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Table of contents (6 chapters)
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Front Matter
Pages i-xiii
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- Alessia Zorloni, Magnus Resch
Pages 1-18
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- Alessia Zorloni, Randall James Willette
Pages 19-36
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- Alessia Zorloni, Antonella Ardizzone
Pages 67-79
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- Patrizia Sandretto Re Rebaudengo
Pages 95-129
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Back Matter
Pages 131-162
About this book
This book offers an overview of how to manage private art collections, providing essential insights on art wealth management, art investment, art governance, and succession planning for art assets. It offers practical recommendations on sound art collection governance, but also examines the background of art markets and price building, including the influence of fashion and trends. Throughout history, art patronage has played an important role in the wealth of ultra-high-net-worth families and led to private museums funded by philanthropist collectors in order to celebrate their own tastes and leave a lasting legacy. Today, as a result of the growth of art investing by a new generation of wealthy collectors, not only artists but also wealthy families, sophisticated investors and their close advisors now face a more complex set of financial and managerial needs. As such, the contributions in this book will be of interest to collecting families, family offices, and professional advisorsseeking to integrate art into their overall wealth management strategy, and to scholars in the fields of cultural economics, art dealers, curators, and art lovers.
Editors and Affiliations
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IULM University, Milan, Italy
Alessia Zorloni
About the editor
Alessia Zorloni, cultural economist and consultant specializing in the art markets and the museum field, is Adjunct Professor at IULM University and at Catholic University, Milan, Italy. She worked as an Associate Researcher at The Boston Consulting Group in the Milan office, where she led a two-year research project funded by the European Community (Marie Curie Fellowship) on economic management of museum and cultural institutions. Prior to joining BCG, Zorloni worked at the Wien Kunsthalle, where she completed a three-year research project on museum management funded by the Austrian Science Fund (FWF). Zorloni has been a visiting scholar at the Tate Modern, Guggenheim Foundation and at the Smithsonian Institution, where she has been awarded the Smithsonian’s Fellowship in Museum Practice. Zorloni received a Ph.D in Economics of Communication from IULM University and a Master's Degree in Arts Management from City University, London. She has presented papers at national and international conferences and published with Springer “Economics of Contemporary Art. Markets, Strategies and Stardom”.
