ubs report billionaires spend more art antiques 1234765643

UBS's eleventh Billionaire Ambitions Report reveals that global billionaire wealth hit a record $15.8 trillion in 2025, with the number of billionaires rising 8.8% to nearly 3,000. The report, based on a survey of 87 ultra-wealthy clients, found that 27% plan to increase their investment in art and antiques, while 65% intend to maintain current levels—totaling 92% of respondents. Enthusiasm is strongest in Europe, the Middle East, and Africa (35% planning increases), followed by Asia-Pacific (25%), and weakest in the Americas (15%).