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René Magritte was the most valuable artist at auction in 2024. That year, the combined revenue of Magritte's works sold at fine art auctions worldwide amounted to 312 million U.S. dollars. Claude Monet and Pablo Picasso followed in the ranking in 2024, with works by these artists fetching roughly 293 million and 222 million U.S. dollars, respectively.

Which countries are leading the fine art auction market?

In 2024, the United States generated the highest revenue at public auctions of fine art and NFTs worldwide, followed by China. When considering the overall art market, the United States accounted for over 40 percent of the global art market value, ranking ahead of the United Kingdom and China.

Which art sectors generate the highest auction revenue?

In 2024, post-war and contemporary art were the most profitable sectors based on fine art auction revenue worldwide, representing over half of global fine art sales. Breaking down the post-war and contemporary art auction revenue by country shows that the U.S. and China combined represented around two-thirds of these sectors' auction revenue that year.