A piece in the New York Times notes that a massive transfer of wealth from the boomer generation to millenials and Gen X is coming, and asks what that might mean for the art market. “With the global wealthy population at an all-time high, the next 10 years will see the biggest-ever wealth transfer in modern history,†says Maeen Shaban, the director of research and data analytics at Wealth-X.
Read more at NYT