Home-grown millionaires hold 10% of wealth in art, jewels and antiques

Ireland’s millionaires like to keep 10% of their personal wealth in assets such as fine art, precious jewellery, and antique furniture, according to the latest report in the Wealth Insights series from Barclays.

This is in line with global averages but even so, 73% of Ireland’s high-net-worth individuals — those with €1.25m in disposable liquid investments — find it is difficult to invest in things that will remain secure in terms of financial value.

Six in 10 Irish high-net-worths have invested in precious jewellery, followed by fine art (35%) and antiques (19%).