Global art trends viewed by Guillaume Cerutti, Chairman of Christie’s International

Latest data from the Knight Frank Wealth Report 2024 suggest that luxury investments – including art, classic cars, wine, jewellery, luxury handbags, etc. – represent an average 20% of ultra-high-net-worth individuals’ (UHNWI) wealth.  Motivations to own collectibles are as diverse and individual as the collectors themselves: joy of ownership, investment,…