«GOOD BUSINESS IS THE BEST ART»

TORONTO (Reuters) - Collecting fine art is more than just a hobby for savvy investors who see the art world as a $50 billion vehicle for generating wealth, storing it and passing on to their heirs.Earlier this month, a Greek shipping family based in London sold a silkscreen by Andy Warhol at a New York auction for $43.8 million, having bought the piece for $386,000 in 1986."They made over 120 times their money, which probably beats other asset classes," said Philip Hoffman, founder the Fine Art Fund Group.