The world’s most famous living guitarist, Eric Clapton, has profited from his investments in the art world. Clapton sold (through Christie’s Auctions) the last of the three abstract paintings from artist Gerhard Richters that he picked up in a single lot, in 2001, for $3.4 million.
Those three works reaped a total of $77.3 million. Clapton netted a profit of $74.1 million! Richter’s decorative abstract paintings, of which there are hundreds, have become status symbols among the world’s super rich.