The art market is nearing a critical inflection point, according to a new 2024 survey of global collecting from Art Basel and UBS.
Rich people are getting richer, but art represents a lower percentage of their net worth than in years past.
Still, people want to buy art; however, what art they’re buying is changing. So what are high net worth individuals buying into? What are the art investment trends?
On Wealth Tracker, Hongbin Jeong speaks to Cassi Young, Global Fine Art Director, Art Works Group, to find out more.