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People With Too Much Money

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The adolescent offspring of some well-to-do parents are serious art collectors, according to a September Wall Street Journal report, and their interest appears not to be motivated solely by parents' strategies to shield income from the tax collector. Ms. Dakota King, 9, for example, owns 40 pieces and specializes in animals and "happy colors." Ms. Shammiel Fleischer-Amoros, 10, who admitted, "I'm really scared, but Daddy told me I have to negotiate," succeeded in getting $200 knocked off of a $3,200 sculpture she really wanted. An 11-year-old last year "waved a paddle" to win a $352,000 Jeff Koons sculpture.

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