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

(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.

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