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Millennial art collectors spend six times more than boomers in positive trend for business

Millennials art buyers are on the rise per the latest Art Basel and UBS Global Art Market Report 2020. Image credit: Art Basel Millennials art buyers are on the rise, per the latest Art Basel and UBS Global Art Market Report 2020. Image credit: Art Basel

 

Millennial art buyers are the most active demographic buying art, averaging $3 million over two years and more than six times that of boomers.