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":"c603d1f2cb681747fb0fbce3df11de29","s":"53ab97fb13a4fcd3"}
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