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HomeLifestyle NewsWhy Billionaire Collections Are Driving the Art Market's Recovery

Why Billionaire Collections Are Driving the Art Market’s Recovery

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It’s been a hot, joyous (well, maybe not if you’re Argentinian) start to the summer. Even the art market has found reasons to be optimistic. 

Christie’s, Sotheby’s, and Phillips recorded a combined $6.77bn in auction sales during the first half of 2026, the strongest performance since 2022 and almost 70 percent higher than the same period last year. It is the sort of rebound auction houses have been hoping for after several uneven seasons, although the numbers tell a…

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