leryl timeline RSS2026-10-08T07:48:10+0000 The fifth edition of the annual Art Basel & UBS Survey of Global Collecting, authored by arts economist Clare McAndrew and out today, delved into some new areas. For the first time this year, the author asked high-net-worth collectors how they got started on the road to collecting and how they think about granting access (whether physical or digital) to their holdings versus keeping them private. It also found that these well-to-do collectors are increasingly relying on artificial intelligence, considerably more than just last year. To write the 235-page report, McAndrew surveyed 3,100 wealthy collectors over 10 key markets worldwide. While this is, on a global scale, a microscopic sample, it’s generally thought that the wealthiest collectors have outsize influence and can drive markets, so their attitudes are closely studied, not least of all by those who would like to sell to them. As for what led new collectors into art buying, the influence of family was the most common entry point, says the report, which notes that was the route for 28 percent of respondents overall and for 40 percent of Gen Z respondents, whether through a family collection or a family member’s encouragement. When it came to what they collected at first, painting was the most prevalent entry point for these collectors. Some 43 percet said a painting was among their first three purchases, tailed by sculpture at 25 percent, photography at 17 percent, or works on paper or digital art, both at 15 percent. Collecting segments like antiques, jewelry, and gems trailed behind, so the commonplace observation that buying other luxury collectibles might lead to art collecting did not seem to hold for this particular slice of the collectorate. View of Benoît Piéron’s installation in the Unlimited section of Art Basel 2026. Courtesy Art Basel As for how well-heeled collectors... Read more

]]>2026-10-08T07:48:10+0000Elle King and Dan Tooker have married. Read more here

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