Observer’s 2024 Business of Art Power List has named Philip Hoffman as a leading authority on transforming art into a serious asset class, shifting how collectors and investors view the market.

Observer’s Power Lists are among the most coveted and sought-after recognitions across industries. Observer’s Business of Art Power List honors the visionaries who wield outsized influence on art’s present and its future.

PHILIP HOFFMAN & THE FINE ART GROUP

Since founding The Fine Art Group in 2001 and pioneering the first-ever asset-backed art investment fund, Philip has transformed how the world views art—not just as a cultural treasure, but as a powerful financial asset. Reflecting on his journey, Philip shared with Observer: “Many collectors, including my initial backers, thought art was merely a cultural asset, not a financial one.”

Two decades later, Philip has proven that art can rival blue-chip stocks in both profitability and complexity, solidifying his place as a leader in art investment and advisory.

Click here to read the full article in Observer.