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Charles Saatchi (born June 9, 1943), is the founder of the global advertising agency Saatchi and Saatchi, which was the world's biggest before he and his brother Maurice were forced to leave, and formed M&C Saatchi. He is also known worldwide as an art collector and owner of the Saatchi Gallery, and in particular for his sponsorship of the Young British Artists (YBAs), including Damien Hirst.
Life
He was born into a Sephardic Jewish family in Baghdad, Iraq, where the name Sa'atchi means a watchmaker or a dealer; his father was an affluent cotton dealer. The family moved to Hampstead, London, when he was four and he attended Christ's College in Finchley, a suburb in North London. During this time he developed an obsession with US pop culture, including the music of Elvis Presley, Little Richard and Chuck Berry. He also manifested his enthusiasm for collections, building up from Superman comics and cigarette cards to jukeboxes. He has described as "life changing" the experience of viewing a Jackson Pollock painting at the Museum of Modern Art in New York.
In 1970 he started an advertising agency, Saatchi and Saatchi, with his brother Maurice; by 1986 this had grown to become the largest agency in the world with over 600 offices. Successful campaigns in the UK included Silk Cut cigarettes and the promotion of the Conservative Party led by Margaret Thatcher through the slogan "Labour Isn't Working".
He is married to celebrity cook Nigella Lawson (his third wife) and they share three children-- Cosima, Phoebe and Bruno.
Art
He bought his first painting in 1973 on a visit to Paris with his first wife, Doris Lockhart. This was a realist work by David Hepher, a British artist, and was a detailed realist depiction of suburban houses. His taste has mutated from "School of London", through American abstraction and minimalism to the YBAs, whose work he first saw at the Freeze exhibition.
His renown as a patron was at its peak in 1997 when part of his collection was shown at the Royal Academy as the exhibition 'Sensation', which travelled to Museums in Berlin and New York causing headlines and controversy and consolidating the prime position of the YBAs.
Saatchi was said to be devastated when, on 24 May 2004, a fire in a storage warehouse destroyed many art works, worth millions of pounds, from the Saatchi collection. One art insurance specialist valued the lost work at £50m.
He makes numerous visits in person to exhibitions, as well as seeking out artists' studios and little-known back-street galleries, particularly in East London, in order to discover innovative work. Many young artists have launched their careers owing to his interest in their work.
Saatchi admits he is shy and thin-skinned. He rarely gives interviews and makes few public appearances (though he awarded the Turner Prize one year), not even attending the openings of his own exhibitions that are usually glamorous events. He has answered readers' questions about his collecting and views on the art world in The Art Newspaper.
In 2005 he began work on a new gallery space in Chelsea, London, to open in 2007. This occupies the entire 50,000 sq ft. Duke of York Building.
See also
The Saatchi Gallery
References
The Daily Telegraph December 31, 2002
Further reading
- Supercollector: a Critique of Charles Saatchi by Rita Hatton and John A Walker (Institute of Artology, 2005) ISBN 0-9545702-2-7
External links
1943 births | Living people | Advertising magnates | British business people | Businesspeople | English art collectors | Alumni of the London School of Economics | British Jews
"Charles Saatchi"