Art | Basel Conversations: Art and the Great Wealth Transfer
The Great Wealth Transfer is already underway, and over the next 20 years, USD 84 trillion is poised to move from older Americans to their Gen X and Millennial heirs. Alongside financial assets and real estate, artworks and collections will also be passed down for an estimated 20% of high-net-worth individuals. How will the habits, ethical and social concerns, and trends defining art collecting and philanthropy shift as established collections are acquired by a very different next generation? Join panelists Alex Glauber, Founder and principal of AWG Art Advisory, New York, Solita Marcelli, Chief Investment Officer Americas at UBS Global Wealth Management, New York, Dr. Clare McAndrew, Cultural Economist and Founder of Arts Economics, Dublin and Moderator: Dr. Jeni Fulton, Head of Editorial, Art Basel to learn more here.