The luxury investment market is stabilizing. The focus of collectors has now shifted from general investment to the rarity of items and their historical significance. According to Knight Frank’s ‘The Wealth Report 2026’, the luxury investment index declined marginally by 0.4% in 2025. This is a sign of stability after widespread declines in many categories over the past two years. The report suggests that investors are now investing money only in those properties which have historical, cultural significance and strong records. This change has led to a 13.6% jump in sales (investments) of Impressionist art. The watches market has registered a growth of 5% due to the demand for brands like Patek Philippe and Rolex. In contrast, the classic car category has declined by 3.7%. The main reason for the increase in demand for Impressionist art has been the large auctions of owners. Gustav Klimt’s ‘Portrait of Elisabeth Lederer’ painting was sold for about Rs 2,225 crore. This has become the most expensive impressionist art ever auctioned. Prices of modern art also rose by 7% and post-war art by 5.2%. Youngsters: Fractional ownership craze is increasing for investment. There is a big change in the way of investment as well. Investors below 40 years of age are now resorting to fractional ownership platforms. Through this, they are buying small stakes in expensive watches, artefacts and cars digitally. Investors are now giving priority to the cultural significance of a property rather than just buying it. Ultra Rich – We are at sixth place among the rich with wealth of $30 million. India has become the country with the sixth largest ‘ultra rich’ population in the world. According to a Knight Frank report, people with assets worth $30 million (about Rs 282 crore) or more are called ‘ultra rich’. The number of such rich people in the country is currently 19,877, which is expected to increase by about 27% to 25,217 by 2031. Mumbai ranks first in the country with 35.4% of the richest people, while the number of billionaires is also expected to increase by 51% in the next five years.
Source link
[ad_3]
Luxury investment stable; Increase in rare and old things by 13%: Now investors are investing money only in those properties which have historical importance.
