Culture
While $83 Trillion Changes Hands, the Art Market Is Getting New Owners
The $59.6 billion global art market has bounced back after two consecutive years of decline, but the real story is not in the numbers — it is in the structure. As the largest intergenerational wealth transfer in human history begins, millennials and Gen Z who discover paintings on Instagram and show up to art fairs in sneakers are dismantling centuries-old gallery power structures.