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.

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.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

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