Bryan Green
๐ค SpeakerAppearances Over Time
Podcast Appearances
So these free ports have been around, the Geneva one has been around since the late 70s, early 80s.
And according to my research, ChatGPT, some of this art has been there since its inception.
It's been there the whole time.
This is a place where the ultra-rich, ultra-ultra-rich, store cash, essentially.
Store valuables, not necessarily liquid, but it's cash.
And the art market over the last 15-20 years has gotten absolutely bonkers.
with guys from Saudi Arabia, UAE, Dubai, the Middle East, you know, billionaires.
There's like a new billionaire every day arising in this universe, in this world that we're living in.
And so there are hundreds, if not thousands, maybe tens of thousands of billionaires throughout the world, and they're all looking to put their cash somewhere safer than cash.
Because, you know, that's what you do when you have...
Like, indispensable amounts of wealth.
You have to spread that wealth out.
You don't want to be a one-legged table, as we say here at the commercial break.
You don't want to be a one-legged table.
So they spread their wealth out, and they put their valuables at these free ports where it can't be touched.
It's very unlikely to be broken into because it's some of the most secure facilities in the world.
You go in, you mean nefarious harm, you're dead.