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EconomyGen Z overtakes older collectors as art market spending rebounds globally: report

Gen Z high-net-worth collectors have become the art market’s biggest spenders, with average fine art expenditure more than twice that of older collectors. Their spending helped lift global sales to nearly US$60 billion, while mainland China and Hong Kong continued to play pivotal roles in market growth, according to Art Basel and UBS insights.

art marketGen Zart collectorsglobal sales

SSouth China Morning Post★★☆☆☆2026-10-10 06:00Original

Gen Z overtakes older collectors as art market spending rebounds globally: report
Gen Z overtakes older collectors as art market spending rebounds globally: reportEconomy