A painting hangs on a wall inside a yacht in Miami, Florida, U.S. (Photographer: Scott McIntyre/Bloomberg)

A Cautionary Tale of the World’s Superrich Blowing Millions on Art

Jul 11 2019, 3:36 PMJul 13 2019, 12:42 PMJuly 11 2019, 3:36 PMJuly 13 2019, 12:42 PM

(Bloomberg) -- In 1930, as the U.S. entered the second year of the Great Depression, Anna Thomson Dodge decided to build a mansion in Grosse Pointe Farms, Mich.