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by rejoinder 4631 days ago
http://en.wikipedia.org/wiki/K_Foundation_Burn_a_Million_Qui...

Extract: Initially The KLF's earnings were to be distributed by way of a fund for struggling artists managed by the K Foundation, Drummond and Cauty's new post-KLF art project, but, said Drummond, "We realised that struggling artists are meant to struggle, that's the whole point."[12] Instead the duo decided to create art with the money.