Demi Moore has been dumped by her latest toyboy Vito Schnabel.

Demi Moore, 50, was reportedly told by Vito Schnabel, 26, that their brief affair was over when they met up at the Art Basel event in Miami.

The actress was spotted in the Florida city yesterday looking downcast as she emerged from Starbucks in a blue shirt, denim cut-offs and dark sunglasses.

Demi Moore and art dealer Victor Schnabel were an item for several weeks prior to their jetting to Florida for the annual art fair.

Vito Schnabel was reportedly angry that Demi Moore turned up in Miami to party with other celebrities – and told her he wanted to end the relationship.

Demi Moore was later photographed acting bizarrely at a party with singer Lenny Kravitz and is said to have spent the weekend club hopping.

Vito Schnabel is said to have been angry that Demi Moore’s antics meant he would not be taken seriously in the art world.

Demi Moore has been dumped by her latest toyboy Vito Schnabel

“Vito has worked very hard to be taken seriously in the art business and doesn’t want to be seen as somebody who dates celebrities,” a source told the New York Post’s Page Six.

“He hated having photographers follow him around after word got out.

“Vito wasn’t too happy that Demi flew down to party at Art Basel while he was working to build his business. It was a distraction he did not need while all the big collectors were in town.”

Art Basel is one of the biggest gathering of collectors in the U.S. and attracts dozens of celebrities as well as dealers.

Demi Moore, who spent time in rehab after her six year marriage to Ashton Kutcher broke up earlier this year, met Vito Schnabel at Naomi Campbell’s party for her Russian boyfriend last month.