Charles Saatchi
Charles Saatchi
Charles Saatchiis a British businessman and the co-founder with his brother Maurice of advertising agency Saatchi & Saatchi. The brothers led the business – the world's largest advertising agency in the 1980s – until they were forced out in 1995. In the same year, the brothers formed a new agency called M&C Saatchi. Saatchi is also known for his art collection and for owning Saatchi Gallery, and in particular for his sponsorship of the Young British Artists, including Damien Hirst...
NationalityBritish
ProfessionEntrepreneur
Date of Birth9 June 1943
I don't know very many people in the art world, only socialise with the few I like, and have little time to gnaw my nails with anxiety about any criticism I hear about.
My dark little secret is that I don't actually believe many people in the art world have much feeling for art.
Artistic credentials are au courant in the important business of being seen as cultured, elegant and, of course, stupendously rich.
I don't buy art just to make artists happy any more than I want to make them sad if I sell their work.
I hate to sound like a romantic adolescent, but I believe artists don't generally see art as a career choice; they simply can't overcome their desire to make art, and will live on little income for as long as they have to, before they start to sell their work - or give up and get a paying job.
I've heard that almost all the people crowding around the big art openings barely look at the work on display and are just there to hobnob. Nothing wrong with that, except that none of them ever come back to look at the art - but they will tell everyone, and actually believe, that they have seen the exhibition.
Some people in the art world bemoan the hedge fund millionaires spending freely to acquire ostentatious displays of wealth and coolth for their giddily chic designer duplexes. Others bemoan art being treated as a commodity. But most of the bemoaning is because the art world is stuffed full of bemoaners, bemoaning about everything.
Lots of ambitious work by young artists ends up in a dumpster after its warehouse debut. So an unknown artist's big glass vitrine holding a rotting cow's head covered by maggots and swarms of buzzing flies may be pretty unsellable. Until the artist becomes a star. Then he can sell anything he touches .
The art critics on some of Britain's newspapers could as easily have been assigned gardening or travel, and been cheerfully employed for life.
There are no rules about investment. Sharks can be good. Artist's dung can be good. Oil on canvas can be good.
Artists need a lot of collectors, all kinds of collectors, buying their art.
I primarily buy art to show it off.
Few people in contemporary art demonstrate much curiosity. The majority spend their days blathering on, rather than trying to work out why one artist is more interesting than another, or why one picture works and another doesn't.
Who's to say what will one day appear to have been trendsetting? Sometimes artists who receive breathless acclaim initially, seem to conk out. Other artists who don't register so keenly at the time, prove to be trailblazers.