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Where the 1% Hide Hundreds of Billions of Dollars in Art | Offshore
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135,272 Views • Nov 7, 2023 • Click to toggle off description
How do the mega-wealthy get away with hoarding billions worth of art in maximum-security, tax-free vaults? Free ports are something out of a movie – like the giant set piece in Christopher Nolan’s Tenet -- but they're all too real.

How did this start and why is it even allowed? How did art, meant to be appreciated, become… this?

Let's find out. Welcome to Offshore.

00:00 Intro
00:42 What Are Free Ports?
02:45 What's Hiding in the Geneva Free Port
04:49 When Did Art Market Get Crazy?
06:49 How the Heist Works
08:28 Rich Guy FIGHT
10:00 Conclusion

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Metadata And Engagement

Views : 135,272
Genre: Entertainment
Date of upload: Nov 7, 2023 ^^


Rating : 4.433 (548/3,321 LTDR)
RYD date created : 2024-05-03T04:41:11.264575Z
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YouTube Comments - 301 Comments

Top Comments of this video!! :3

@wheressteve

5 months ago

When I launder money it means I left a $20 in my pocket.

132 |

@lynnerene

5 months ago

The thing for me is, as a single-member LLC I get taxed heavily based on my revenue bracket, and these folks are not paying taxes and money laundering in plain sight. And governments keep us occupied with frivolity stoking the fire of us hating each other while they live lavishly. I can’t 🤷🏾‍♀️

74 |

@KASPARFLUECK

5 months ago

As an Artist and Art Handler living in Switzerland i have been to these places myself, and i can 100% attest that all that has been stated here is absolutely true. The 1% still rule this world, and still too few talk about this. Art is the largest money laundering scheme by far.

110 |

@bloatedsodium7301

5 months ago

Money laundering 101

89 |

@mustachebunny8913

5 months ago

More of this vice please this was so good I thought it was an old video

115 |

@ethanbiggs356

5 months ago

Dudes actually a reporting genius I was so captivated

86 |

@juqual78

4 months ago

This is insane. Great work putting this together. This really needs a season 2 because I'm sure this is just the tip of the iceberg.

8 |

@caesius2646

5 months ago

wonder why you disabled the coments in your last video...

18 |

@iluvdoggos

5 months ago

Love this series and host! Thank you for breaking it down to a ELI5 level 😂 the vibe is epic. The green screen shots are the best!

23 |

@bamstheman

5 months ago

They also buy new artist work to pump up the value then flip them. Or a straight criminal is in partnership with an auction house or art shop and they clean money using art. Pretty simple and easy

13 |

@ahahjaakaakakk

5 months ago

why were the comments turned off on the recent video? shame on you guys!

9 |

@GymAndSun

5 months ago

Interesting and informative af but also funny, bravo old chap

17 |

@mind-of-neo

5 months ago

My general rule is if it's something cool, special, valuable or interesting, I'm not going to be able to have it because the rich are already hoarding it.

10 |

@jaytrock3217

5 months ago

Funny comments are allowed on this, but the current one. Guess we know why you guys are going out of business.

9 |

@itsking2u

5 months ago

More of this show please lol

78 |

@SaunterVaguelyDown

5 months ago

Love this series. We have to do something about this....

31 |

@shushunk00

4 months ago

Really appreciated the video ,keep doing it. From:Mike's stream😊

2 |

@colestrosbergmagic5650

5 months ago

we need more vids like this

35 |

@_yourmother_

5 months ago

beeeest from vice, because its fast informative, fast cuts, great edited, funny aaaaand great character.... absolutely love it, and everytime im happy when its relased on a rest stuff from vice didnt watch 😀

2 |

@T_Dot94

5 months ago

did he just sneakily advocate for revolution? I'm liking this new vice segment for however long it lasts 😏

5 |

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