generational wealth
To answer the last question, I base my guess on what generationally wealthy people do. A lot of them just hang out and party. A few of them do big, incredible things with their resources not because they need money, but because they want to.... Funny to choose art as the thing to evaluate with here… While there are folks with a keen eye, and clear "rules" for certain kinds of art– it’s still wildly subjective. Even art done well in a specific style will not appeal to everyone....