Art serves a vital role not only in cultural expression but also in economic development. Research consistently shows that art contributes to asset building, wealth creation, and acts as a reliable store of wealth. According to the Knight Frank/Citibank Wealth Report (2012), 59 per cent of the world’s high-net-worth individuals invest in art, with nearly 10 per cent of their wealth allocated to "Treasury assets." In the U.S., the integration of arts, creativity, and cultural production is considered a pivotal driver of urban development, with cities like New York leveraging artists as "inventors" to enhance their global reputation (Hutton, 2008; Munn, 2002).