What a difference five years make – ABMB

The super-rich have grown in number since 2008, adding the feel-good factor to this year’s fair.

Millions of dollars have been spent on art, parties and hotel rooms this week as the circus surrounding Art Basel Miami Beach rolled into town. Given such conspicuous consumption, it is, perhaps, hard to remember that the art market seemed on the verge of collapse only five years ago.

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