“Don’t start a gallery. It’s tough.” This is written in big letters on the back of my book Management of Art Galleries. The struggles of galleries and artists have been much in discussion over the past years. In a long article two years ago, ARTnews reported on numerous gallery closures in New York and how the gap between mega galleries and the rest widened.
Magnus Resch, PhD, is an art market economist, serial entrepreneur and bestselling book author. He is considered as the world's most controversial art economist. His activities have been covered in the NY Times, Vanity Fair, WSJ, FT and many others. At the age of 20 he co-run an art gallery in Switzerland to finance his university career. In 2012 he co-founded Larry’s List, the world’s premier art collector platform. In 2016 he launched the Magnus app, which works like Shazam for Art. Leonardo DiCaprio is an investor and advisor to the company. Magnus studied economics at Harvard, LSE and Hong Kong University and lectures art management at Columbia University.