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In Asia’s Stealthy Rich City, the Ultra Wealthy Hide Their Hermes

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To show off a $50 million Mark Rothko painting that Sotheby’s plans to sell in New York, the auction house took it to Asia to tempt wealthy bidders. Outside of the company’s regional base in Hong Kong, the artwork made only one stop—not Shanghai or Tokyo or Singapore, but Taipei. “We take the art to…

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