Celebrities At Art Basel Miami Beach 2012: Will Ferrell, Owen Wilson, Diddy, And More! (PHOTOS)

Who'd have guessed Art Basel Miami Beach is one of the hottest spots to spy celebs?

But though some of Hollywood's finest are just here for the parties (or the rumored younger boyfriend, as is the case with Demi Moore), others have become serious collectors. Among them is Diddy, who according to Art Info bought an Ivan Navarro sculpture during the exhibition's VIP preview (and has his eye on a large Basquiat).

Roaming around Sean Combs were Owen Wilson, Will Ferrell (in a trucker hat), Diane von Furstenberg, Chelsea Handler, and more. Check out the famous faces we've spotted so far, and keep coming back -- we'll add 'em as we see 'em!

Celebs At Art Basel Miami Beach 2012
Inside Art Basel Miami Beach 2012