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Bank Offers Art-Buying Classes for Heirs and Heiresses

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Bank Offers Art-Buying Classes for Heirs and Heiresses

You can lose a lot of money with the wrong art buy � especially if you�re young, naive, and really, really rich.

According to Bloomberg, Citigroup is hoping to prevent such losses by teaching the heirs of its wealthiest bank customers how to invest in art. �You don�t have the birthright to the next generation�s wealth,� Citi Private Bank Managing Director Money Kanagasabapathy explained. �We want to continue to have the relationship with the family.�