1、 THE ART BASEL&UBS SURVEY OF GLOBAL COLLECTING 2025 BY ARTS ECONOMICS Welcome to The Art Basel and UBS Survey of Global Collecting2025 by Arts Economics Publishers Author Art Basel and UBS Dr.Clare McAndrew Arts Economics Art Basel Art Basel GmbH Messeplatz 10,4005 Basel,Switzerland Editor T+41 58 2

2、00 20 20 Toby Skeggs Design UBS Mitchell F.Gillies UBS AG or an affiliate Bahnhofstrasse 45,8098 Zurich,Switzerland Development T+41 44 234 11 11 Denken Studio INDEX 1.WEALTH 2.COLLECTIONS 3.SPENDING 4.CHANNELS&EVENTS 5.OUTLOOK Section Contents Figure Contents 4 Acknowledgements 9 Foreword by Art Ba

3、sel 10 Foreword by UBS 12 Key Findings 14 1.Wealth&Collecting in 2025 20 1.1 Introduction 21 1.2 Art Collecting and Wealth 22 1.3 The Cross-Border Trade in Art 37 2.HNWI Collections 45 2.1 Background of the Sample 46 2.2 Allocations to Art 51 2.3 The Content of Collections 58 2.4 Inheritance,Gender,

4、72 and Collecting Exhibit 1.Ascendant Venus and 85 Justitia Legal Considerations for Women Collectors 3.HNWI Spending 92 3.1 Expenditure on Art 93 3.2 Activity Levels 106 and Cross-Collecting 3.3 Expenditure by Medium 114 3.4 Expenditure by 120 Artist Characteristics 3.5 Risk Preferences 129 and Dec

5、ision-Making 3.6 Motivations for Collecting 140 Exhibit 2.Gender and Risk 144 4.Buying Channels&Events 151 4.1 Buying Channels 152 4.2 HNWIs and Galleries 161 4.3 Event Attendance 164 4.4 Buying and Selling Plans 168 for 2025 and 2026 5.HNWI Outlook in 2025 178 Exhibit 3.UBS Economic Outlook 183 App

6、endix:Market Profiles 188 Rights and Disclaimer 200 3 INDEX 1.WEALTH 2.COLLECTIONS 3.SPENDING 4.CHANNELS&EVENTS 5.OUTLOOK Figure Contents 1.Wealth&Collecting in 2025 20 1.1 Global Millionaire Wealth and Population 20102024 23 1.2 Share of Millionaire Population by Region 2024 24 1.3 Global Distribut