Median expenses of HNW collectors on art worldwide 2019-H1 2021, by generation

Median expenditure of high net worth (HNW) art collectors on art and antiques worldwide from 2019 to 1st half 2021, by generation

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Release date

September 2021

Region

Worldwide

Survey time period

January 2019 to June 2021

Number of respondents

500 respondents

Supplementary notes

The survey collected responses from high net worth (HNW) art collectors in the following five major art markets: the United States, the United Kingdom, Hong Kong SAR, Germany, and Switzerland.

The source specified that the inclusion criteria for the survey was based on the respondents' wealth level and activity in the art market between 2019 and June 2021.
Respondents were categorized as HNW individuals if they had a current net worth in excess of one million U.S. dollars, excluding real estate and private business assets.
Survey participants were screened so as to only include HNW individuals who had spent at least 10,000 U.S. dollars on art and collectibles in 2019 and 2020, and had also purchased art worth at least 5,000 U.S. dollars in the first six months of 2021.

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