For the first time in 300 years, the centuries-old relationship between wealth and art has broken. While global markets surge, art sales are slowing — signalling a deeper shift in how society defines value, culture, and influence.
In this powerful episode of Wealth Office, host Michael Macfarlane sits down with international art icon Pearl Lam, one of Asia’s most influential cultural figures, to unpack how China’s new age of wealth and creativity is transforming the global art landscape.
From Shanghai to London, Pearl offers a candid, behind-the-scenes look at how art, money, and cultural identity now intersect — and what this means for collectors, investors, and family offices in Asia and beyond.
💬 In This Episode
- Why the historic correlation between art and markets has broken — and what that means for collectors today.
- How Gen Z and next-generation inheritors are reshaping collecting habits across Asia, Europe, and the US.
- The rise of digital platforms, NFTs, and tokenised art — and whether technology will democratise or destabilise the art world.
- Why China’s cultural power now extends far beyond economics — shaping global narratives in design, art, and innovation.
- How art collecting has evolved from a luxury hobby into a strategic form of legacy building for family offices.
- Why AI, algorithms, and aesthetics are transforming how we define creativity in the 21st century.
👤 About Pearl Lam
Pearl Lam is a global authority on contemporary Chinese art and one of the most recognised cultural voices in Asia. As founder of Pearl Lam Galleries, she has been instrumental in bridging East and West, championing artists who challenge Western perceptions of Chinese abstraction.
Her galleries in Shanghai, Hong Kong, and Singapore have shaped contemporary art discourse for over two decades. She is also a respected thought leader, featured in The Financial Times, Forbes, CNN Style, Tatler Asia, and The Art Newspaper, and a frequent speaker at Art Basel, Frieze, and Design Miami/.
🌏 Why This Matters
Asia’s economic power is now being matched by cultural power. As China and the wider region redefine global influence, art is emerging as both an economic asset and a symbol of identity, heritage, and innovation.
This conversation captures a once-in-a-generation shift — the rise of art as cultural capital, where creativity, purpose, and wealth intersect.
🎧 About Wealth Office
Wealth Office explores how wealth, purpose, and culture intersect in a rapidly changing world. Hosted by Michael Macfarlane, each episode features conversations with visionary leaders — from entrepreneurs and investors to artists and innovators — redefining what success, legacy, and influence mean in the modern age.