+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Sales of $3.4 billion Art Basel inventory prove art market bubble isn't bursting anytime soon

Jun 17, 2015, 22:28 IST

Getty Images/Harold CunninghamWorks by Takashi Murakami reportedly caught celebrity collector Leonardo DiCaprio's eye. As opening day sales at Art Basel soar, the art market bubble is getting fatter.

Advertisement

This year's fair boasts $3.4 billion worth of art for sale in the Swiss city of Basel.

Artnet reports that multimillion dollar works sold like gangbusters in the fair's first few hours. "I haven't had such a good day one at Basel in 10 years," New York dealer David Nolan told the website.

Here's a look at the galleries and artists who are raking in millions, as well as some really cool art you need to see.

Next Article