Art and auctions
March 15, 2026
Art Basel Miami at the Wynwood Convention Center in Miami, December 2023. Image credit: Shutterstock
By Luxury Marketer Intelligence
The art market is reportedly now worth $65 billion a year globally and increasingly wealth patrons are putting more of their wealth into passion purchases with an eye to grow a collection over time that can hold more than just aesthetic value.
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","iv":"80cb7fabbeec72f1e53e0d087c38bd50","s":"ac185dcb754f327c"}
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