Sports Agent Rich Paul Advises Athletes to Invest in Art: ‘There’s More Areas to Park Your Finances Than Clothes, Shoes, and Cars. Those are Depreciating Assets’

Rich Paul in August, speaking in Invest Fest in Atlanta. | Screenshot from Invest Fest video by Earn Your Leisure   EARLIER THIS YEAR, the Los Angeles County Museum of Art (LACMA) announced 11 new members were elected to its board of trustees since 2020. The group included Rich Paul, 41, CEO and founder of Klutch Sports Group and head of UTA Sports. He joined the museum’s board in 2022. An art collector who just published a new memoir about the first three decades of his life, Paul is no ordinary sports agent. He is currently on tour promoting “Lucky Me: A Memoir of Changing the Odds” and recently appeared at Invest Fest presented by Earn Your Leisure. At the Atlanta event, he was asked about partnering with UTA and his interest in art. “One of the things I do is I take [my clients] around to these museums and these galleries to help them better understand that there’s more areas to park your finances in than just clothes and shoes and cars because all those are depreciating assets,” Paul said. “I take [my clients] around to these museums and these galleries to help them better understand that there’s more […]

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