The head of Yulong Eco-Materials, Daniel McKinney, said: “We like our business model of acquiring, storing and promoting artistic masterpieces. While various stock, oil and other commodity markets are experiencing ups and downs, art remains in value. ”
Michelangelo Buonarroti, Crucifixion (date unknown). Private collection. Source: Yulong-Eco-Materials Ltd., via Global News Wire
The company said that its reorientation from bricks to expensive works of art is dictated by the fact that "the general public can take possession of some of the extremely valuable treasures that until now were available to billionaires, museums and royal families."
The company intends to promote these rare masterpieces (and thereby increase their value) through "exhibitions and the media."
"Millennium Sapphire". Source: millenniumsapphire.com
In addition, this summer, Yulong Eco-Materials purchased the $ 61.5-carat "Sapphire Millennium" for $ 50 million. The jewel was found in Madagascar in 1995. A consortium of investors led by Daniel McKinney decided not to crush him, but to decorate with carvings. The jeweler Alessio Boschi "gave to give respect to the human genius" and cut out 134 figures, each of which represents a historical genius, an inventor or a creature. You can see the pyramids of Giza, Confucius, the Great Wall of China, Julius Caesar, Maya, Leonardo da Vinci, Christopher Columbus, Monet, Edison, Einstein and many others on the stone the size of a ball.
Based on Artsy and National Jeweler