Swizz Beatz is getting more and more into art these days. He explains why art is a bigger investment instead of jewelry and reveals that he sometimes offers advice to other hip-hop acts who want to collect:
“Diddy will call me for a little advice on a painting,” Mr. Dean said. “He has a lot of amazing Peter Beards that I’m trying to get away from him.”
While hip-hop and art have often intertwined, it mostly occurs on the fringes, not at Sotheby’s. So Mr. Dean casts himself as a pioneer in a world where status symbols typically hang from a neck, not on a wall. “Rap artists will spend $200,000 on a chain, which will have no value after they finish their album,” he said.
“Art, you can pass down for generations.”