Set up in 1970, Art Basel is a privately-owned, for-profit international art fair staged annually in Basel (Switzerland), Miami Beach (USA), Hong Kong (China) and Paris (France). The size of global art market was estimated at $65 billion at the end of December 2023, by Art Basel. The value of art sales had slowed down by 4% in 2023, making it the first fall in three years. International artists and aficionados participate in Art Basel. The 2024 edition opens June 13, and closes June 16. Scroll down early pics from one of the most popular global art festivals.
