Hello Aluxers! Who is your favourite artist and why? Mind Mastery: www.alux.com/meditation Get a free audiobook thanks to Audible: www.alux.com/freebook 15 REAL Reasons Why RICH PEOPLE Buy ART: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Wl4SSAAl9_4.html
I'm an artist and I've even met a few of these artists over the years. Artists at this level of success basically hit the "art lottery". Like so many other things in life there is an element of timing and luck that plays a huge roll in them being on this list - same with a lot of fields. That’s not to say they didn’t work hard and that a certain element of skill wasn’t involved. Their work had to resonate with the right people at the right time and they had to be able to take advantage of that. Art at these prices is more about it being a commodity than being about the thing it actually is. It's a luxury good that has a perceived value set by taste makers and meant to be "exclusive" because that continues propagating the rising prices...it's rich people selling to other rich people. If you take it at face value, the actual picture you’re looking at, you are missing the point.
Your comment is spot on. The interesting thing is that while most of the artists on this list probably just sort of stumbled onto to this notion over their careers, Koons, following Warhol's example, started making "art" specifically as a commodity or product rather than objects of self-expression or as historical artifacts. His actual "art" is the way he conducts business, from the way he manufactures objects to the pseudo-intellectual BS that he spews (aka as "puffery" in the law) when he tries to convince someone of the greatness of one of his pieces. Yet, despite his cynical approach to art making, his work is in museums and, I think, some of it will have staying power for a variety of reasons, albeit mainly as conceptual art. But addtionally some of the work is beloved by the public, like "Puppy" at the Guggenheim in Bilbao.
@@jaydubya3698 Thanks. I absolutely agree with you about Koons. When I was younger I was much more dismissive about art made in this way and quite honestly didn't understand the art market. I thought it was more "in line" with how I viewed art and art making and the importance of it culturally... I was wrong. It's a business and the artists that understand that generally do better (career wise). But in a weird way Koons (who knew that and exploited it) work is very relevant to the time and place it was made. So while I get very little from looking at it, I am no longer dismissing its relevance to place and time.
@@JohnScaneArt Yup. Once you really understand what he's doing, then you're a bit more appreciative of what it's about. But I'm with you as far as wanting to live with it. If I was a big-time collector, his work wouldn't be the type of thing that I'd want in my house. It would only be something to be bought, kept in a dark warehouse in a crate, and then sold again at some point if its value rose. That's it. Not much different from a stock certificate in a safe deposit box.
I am a composer and artist who was told I'll never make money my whole life,so I dutifully listened. I retired from a nightwatchman job(I loved it,it was a zoo I watched at night)so the pension is modest. Now I'm delivering food. After seeing this,all I can think is "screw menial work".I have been honing my skills for 5 decades,and it's time to make things happen.
I have a BA from UCLA in Fine Arts/Studio Arts and I've earned my living as a painter and photographer since 1985. I'm passionate about the visual arts and I visit art galleries and museums frequently -- yet I've never even heard of several of these artists!
Good evening sir, Just read your comment and thaught to ask you for some guidance as you have a great experience in art.. I'm from India , persuing fine arts in painting and I'm about to complete BFA this month . I'm looking forward for some good Universities for MFA in painting and I'm extremely confused. Can you please help me with this issue.. I'd be very grateful 🙏🏻✨
But I bet you defend free market capitalism which prices goods purely based on demand. Why are paintings any different? If someone wants to buy something for millions then why not take the money? You are 100 years late to the modern art discussion and acting like your common sense solved it for everyone in history. Get your head out of your ass and read a book.
You think the people that spend the money on these works are stupid? You know art at this level is nothing to do with the work itself and more to do with tax avoidance and commodies, right?
The auction prices are usually the secondary market from which the artist does not directly earn anything. Of course it increases the prices of their other work.
There was an awesome documentary a few years ago about contemporary artists and their art. It was called “ The price of everything”. They explained everything and told about a few of those artists. Very worth to watch
Chuck Close is my favorite artist. This man has always inspired me. He has demonstrated that being confined to a wheelchair does not limit or stop him from expressing his creative ideas through paintings. His meticulous way of crafting detailed artwork should inspire everyone especially those who are lazy and procrastinators. NO MORE EXCUSES
Chuck Close said that " inspiration is for amateurs, The rest of us just show up .and get to work! ㅡ l love it ..l also agree with his saying ...l think that is art ...we just work and paint everyday...that is enough...we don't care money ...We only want to creat a great artwork. Art ㅡat least great artwork ㅡ almost always gets at the truth! as an artist l believe that~!
@@patrickmcdaniel8123 then tell me how super relistic paintings do not get any atention and not selling for milions ? but abstract simple art are on top . SO u saying artist and his ideas are wothles ? i fink u do not understand art world and what gives walue to the art .
It’s the same as the music industry basically. There is still some great music out there, we have to sift through the Katy Perrys and Lady Gagas that society has thrown at us, but if we are willing to look closer there is some good music out there still. In the art world, these famous (and often out of touch) artists are what we have to sift through to get some really great art. It IS out there! I dunno, art is weird. I’ve been studying it for 20+ years and teaching it since 2008 and do see what you mean by this comment- it is very much about business. The art world has felt very elitist to me since I started art school in 2004. I was supposed to do things a certain way and I was graded for my art making abilities, when I should have had someone helping me develop my style. I was marked down at my final exhibition because my artwork wasn’t framed and I didn’t measure when I hung it, even though that was a conscious and pointed choice. Art is supposed to represent this free space where nearly anything goes, which is contrary to the stuffiness of museums. There is so much more creative value in things like graffiti and street art, and at-home art-making for the sake of healing the soul or expressing one’s self. When art becomes art for the sake of making money, it does suck the life right out of it. 😆 Your very short comment really made me reflect, thank you!
I have painted in public, and I have had people saying, "oooh... Aren't you lucky, being able to do that." It would amaze me that they assumed there was no hard work involved in training or learning the craft.
The irony is that also applies to work that the common person perceives as talentless or “my child can do that”, because learning a medium(s) and developing a practice takes a ton of time and skill.
Its not useless, its a great tax deduction or good money laundering scheme. If I was a Millionair Id buy a 1 Million Dollar Painting too and would "lend" it to an Art Gallery - this way its a donation and I get a big tax relief while the painting still holds his value. A normal donation to lets say Greenpeace goes to "waste" after the tax reduction. Thats all why we even have an art market - without tax reductions or money laundering there would be NO fine arts market at all. (Except some really exceptional Works)
@@AB-di1nr yeah my point is that non artists have difficulty judging objectively. It is not the case that liking something makes it good. Some of the the art shown is horrific. Of course people can spend their money on whatever they want.
Debatable. My favourite artists are the ones that show both skill, but still have an understanding of surrealism and abstract art, like pablo picasso. The thing is is that we dont know what artists from the current decade that are the most important or skilled yet, most artists arnt recognised until after their deaths, the ones that are recognised before are usually the ones that just do the thing that stands out the most, like the balloon dog.
@@enzocompanbadillo5365 I agree but there are also a lot of people that don't have technical skill and nothing interesting or relevant to say and are overvalued because their best skill is marketing and to know the right people.
@@enzocompanbadillo5365 if I wanted to hear what someone was trying to “ say” , I’d read a book. I can’t stand talentless artists that are elevated to genius status. I’d rather look at thousands of different artists on utube or Instagram. Snobs need not view.
Erin Hanson Is my favorite contemporary artist. ! Why ? I Love her Style, Color Pellet, Composition, Pallet knife work, and textures, The emotions and atmosphere they create for me and I hope others as well. Erin Hanson is a life-long painter, beginning her study of oil painting at eight years old. As a teenager, she worked in a mural studio creating paintings for restaurants and casinos around the world. A graduate of UC Berkeley, Hanson studied Bioengineering while continuing to pursue her artistic passion. Inspired by rock climbing Red Rock Canyon and the southern California desert, Hanson has since spent almost a decade painting the dramatic scenery of Utah, Nevada, Arizona and California. Erin Hanson has created a unique style of her own, bringing elements of classic impressionism together with modern expressionism and adding a dash of “plein-air style.” Her oil paintings stand out in a crowd, bringing a fresh new look to contemporary Western landscapes.
A real banana taped to a wall with duct tape sold for $120,000 at auction. So that ought to indicate to you what this is really about. It certainly isn't about the art of painting.
This is about the " fine" art BUSINESS and says nothing about art or artists, per se. Being recognized is not a measure of success and can be detrimental to the artist. I applaud anyone who can endure celebrity and maintain their motivation to keep producing work. The most important thing is to maintain the freedom to explore, invent, innovate, and any artist of any type should understand that that is the sense from which we should operate. Or was Pablo only "a reed shaken by the wind?" Not in my opinion. He was the one, of many voices, that stood- out the most, saying what Stevie and Lyndsay said so well later on, " you can go your own way. " Maybe a different context but, it still applies. It's vital to ' go your own way. ' While realizing that there are others who have trodden a path where you wander. Overgrown though it may be. Some human has walked where you are. Perhaps they had a similar take on the experience. One which only echoes in time. Maybe you can sing the song of old anew. Or rarely, there's one who can sing a brand new song never before heard. But there are only so many notes. It's still re- arrangement. I advise, be humble. Even in your proudest moments. Reside in the middle of the vesica pisces. Between crippling self- doubt and total narcissism. It ain't easy. It's art. For lack of a better world.
You made some very good points. However, Picasso was a shameless self promoter... did some work of value, but IMHO was overrated. My favorite works of his are charming satirical political comic strips (believe it or not!). I don’t know if they were ever published but they’re quite witty and expressive.
@@Rick_Hoppe I can't disagree. He was definitely over- rated in a sense but, to me his inventiveness and willingness to take risks is what sets him apart. The machismo facade aside, he was a terrified little boy that never failed to act in the face of those fears. My opinion. But..... I can just as easily extol the virtues of the great Francois Gilot, or Lee Krasner, or....so many others. Pablo was in a class by himself in a way. And very much a part of the group in another way. My two cents.
I am happy that living painters are making millions of dollars before they die. It is amazing that a person can paint a canvas and make millions of dollars. My favorite artist is Jean Michel Basquiat.
He nearly starved to death and made about 5,000 for a painting. But is more important than anyone here, no one is making no money and revered today money and market are the art.
It’s no longer about the art, but how much bullshit you can provide to sell your stuff. Most modern art looks like the studio floor after a spill, or piles of junk left lying around.
@@quantised1703 pretentious stories. Lots of artists spend a lot of time practicing, and producing breathtaking artwork, lots of money on college and university, only for some idiot to show something that looks like the messy studio floor, produce a pretentious bullshit story , and be worth a lot of money. The art should reflect the effort, and time put into it, and sell itself..
@@robinwooff4577 well let’s face it, nobody but the artist themselves are going to know about how long it actually took to complete the artwork. Some of the best abstract or modern artist also were in someway classically trained. But let’s face it, most people don’t care about that. They care about what’s new and different, it does take a lot of creativity to make some of these pieces that don’t get enough credit they deserve. The artist has to adapt with the times and the styles
Although I never thumbs down a video the absurdity of wealthy peoples interpretation of art has never escaped me That being said "Behrens" my fave on my wall
We love rich artists. We love poor artists. We are full of love for people who live a creative life. Thanks for sharing these amazing success stories! Awese video ☺️
I'm not a visual artist (I'm a music composer), but since a paralysing haemorrhage left me unable either to write or play an instrument, enjoying other people's visual art provides me with incalculable pleasure. I enjoy loads of stuff, some of it by household names and some of it by wonderful artists of whom I shouldn't think you'll have heard. It's probably a little naive of me but if a work speaks to me, frankly, that's what I value the most (regardless of any auction-house price-tag).
There are scores of excellent contemporary artists whose skillful work expresses Truth and Beauty (but sells for a tiny fraction of the artists above). A short list off the top of my head: Jerome Witkin, Burton Silverman, Richard Schmid, Steve Huston... and no one draws better than Glen Keane, a world class animator and artist. I recommend the book “The Painted Word” by Tom Wolfe (“The Right Stuff”) which eloquently exposes the sophistry and tyranny of the establishment art critics. It was written in 1974 but is just as true today.
I have been painting since I was 8 or 9 and I studied art so I know a few things. The fact that Baselitz believes it is a FACT that women don't paint well is pathetic! An intelligent person should know the difference between facts, opinions and truths. If he knew he was stating an opinion, I could just brush if off but he claims it's a fact. How sexist can you be? I found the article online and it was a back-handed statement - "The market doesn't lie, women don't pass the market test - the value test, women are smart but not ambitious..." etc, etc, etc. He doesn't take into account that most professionals in the art world are men. Most of the museum directors, art curators, painters, dealers - most of them are men! Women's art work are under-valued! That's why only 1 woman made it on this list - not because women cannot paint.
I think I've just heard a few bones turning in their graves! I refuse to acknowledge any of these 15 people as deserving of the title 'artists'. Maybe CON-ARTISTS!!
I wouldn’t hang one In my house even if it is worth “ millions “ Michel Anglo was a true artist and his work can still be seen today also he was a awesome architect as St. Peter’s bicilica is still standing today , these artist don’t know what work , passion , or expression are as they a minimalist creators
This actually helps seeing art as business again. After having painted all your life starting as soon as you could hold a pencil, then studying art for decades as well as developing your own style afterward you should be allowed to expect substancial revenue. I like it!
weak, most of that stuff can be done by children of no great skill . . . this only proves that those with massive wealth no not know quality or the value of money !!
It means that the artists are great salesmen who can advertise their work well. That is a pretty important skill in a field that’s this competitive.Also, people have different taste. I’m a painter myself who likes to created detailed works, but I enjoy simple, abstract art when it comes to purchasing. It’s ideal to keep in the modern houses/apartments that many people have nowadays.
Painting or drawing upside down is actually a hack/ tool taught to even young art students to help them see shapes how they actually are instead of categorizing them, and therefore trying to draw what they represent ( I.e. “quadrilateral shape” vs “an eye”)
@@gavinreid5387 Yes, take it to mean "no". There are many excellent artists who produce fine works of art that takes years learning the technique of drawing, proportion, value, hue and edge. It takes a lot of skill and hard work to produce that level of fine art. And yet, these artists do not make millions of dollars. I took up oil painting in 2015 - not a long time. I have a lot to learn and develop technique and skill. My work: dennisrowntree.faso.com/portfolio-viewer?#lg=1&artworkId=3586915
A couple of thoughts -- all of these artists are living and have not faced the test of time. One of the most recognizable names, Jeff Koons, does not even create his own work. He hires other people to create sculptures based upon Koons' suggestions. Most of the artists in this video I have not heard about. I question whether their works will hold value after they are dead.
Many of them will get even more expensive, already getting major retrospectives. But still, the list seems a bit off, the auction results don't go to the artist it is just secondary market.
@@njaafred You are correct. On a related note, perhaps a good follow up video would be on artists who where thought to be among the geniuses of their time but who are not regarded as so today.
Predictably, all of these top 15 richest artists prove that you don't need artistic talent to get rich. Except for the last two artists featured who do have a painting skill.
As an artist, I find that art being a commodity is fine, but then I also see viewing art as being something that you feel. Critics can say whatever they want, but viewing art as something you have to understand is pure BS. I can like art I don’t understand, and hate art I do. Also, I am not here to argue with anyone, but give my opinion.
This is a rich man's game. These "artists" are rich. Buyers too. The owners of the galleries are too. Money and real estate circulate among them. Everything stays at home. It is not about art, but about the market, about business. Art is something else. I am grateful not to be one of the wheels of power, but one of the creatures that are crushed by them. It is this.
My old boss and I were in a MoMA looking at Pollocks and Starry Night. When we got to a series of huge paintings of subtle bands of color, my old boss said "That's so stupid. I could paint that easily." I wanted to turn to him and say "Yeah, but you didn't. That's the point."
I´m happy for those artist who dosn´t have to worry about money for the rest of there lifes. But i would laugh my ass of all the way to the bank, if i could fool somebody to buy a ballon animal for 91 million$. The art world is no longer about talent, but whom is wierd enough to get the spotlight in the art gallerys.
You know that you're 100 years late to the discussion, right? Maybe read what others have been saying about modern art before assuming that rich people are just stupid. I'm not saying rich people can't be stupid, but just take a moment to realize that your thoughts written here are far from original or clever.
So, most of the people in comments seem to not understand why this "ugly and effortless stuff" sell for so high prices, while there are painters that can make fotorealistic and beatiful stuff and no one gives a shit about them. First thing to know is that Art ≠ Aesthetic, the art dont have to be beatiful, there are no actual rules in art, it can be everything created by a person to translate something (emotion, message,...). The price of an artwork is MOSTLY influenced by the popularity and right connections that artist developed and has a lot to do with marketing, it is also important the ideas and feelings that each work translates ( they can be very simple btw). Basically to an artwork to sell is more about how unique and relevant it is and who made it.
What many don't know is that my pet frog, Leapy, did all my homework and got me through art school. Usually seen with a slice of pizza in his hand he could seduce almost anyone's sister. As a MiG-21 pilot he shot down a hot air balloon, a civilian biplane and a cloud that really did look like a monster -- his only air-to-air kill. Thanks to his Rasputin-like powers a lot of cats are going to look down at their kittens in the spring and see his face. Please check out my new art book: Great Fighter Jets of the Galaxy 1 by Tim Gibson (100 full-color pictures) Available on Amazon.
I really learned spending lots of time in an artwork won't make you famous, gain recognition,orgetting paidhigh.. mostly high paying artists do abstract which anyone can do
Anyone that gets the idea or develops an aesthetic interesting enough. Maybe you should have spent 5 minutes on art history instead of drawing lessons. Its not the 19th century any longer. Its about what you paint, not how long time you spent on it. Craftmanship is great but its rarely what makes art interesting.
I am personally close to several artists on this list and can vouch to the fact that some of the figures and rankings are ridiculous. To say that Baselitz is worth only $20 million is patently absurd considering he probably makes that much a month. Also, there is no way Currin could be worth more than Hirst. Currin's production is pokey and small. He makes his work alone, using assistants only for tidying and stretching, if that. His only focus is painting, printmaking, and drawing. Hirst by contrast has a massive production employing hundreds going. He produces a everything from plates, skateboards and poster to gigantic public sculpture and NFT's. His market is also broad and extremely diverse. I would be certain Hirst tops this list in actual accumulated wealth even though his production costs are extraordinary (ditto Koons and Murakamai). While neither Ruscha or Currin would have near those levels of expenditure, their output is dwarfed by Hirst.
Judging by the comments I get the impression that most have not actually watched the video. Some of the artists here are really popular with the general public , Hockney and Banksy, for example.
to be alive in a time where banksy and Hockney are being mentioned in the same sentence and like they're in the same league just kills me. They aren't even playing the same game as far as I'm concerned.
Rich people preserve their money through art to make significant returns in the future. It’s like selling stock. For some, art has “A more stable value than alternative investments”. “Art is one of the few tangible assets that also qualifies as a passion investment. There is more enjoyment in displaying art on your wall than in displaying stock certificates.”
Years ago I took a 2 week vacation to make a fluorescent 3-D poster with a frame for a friend. I only charged $14.00. Who knew all I had to do was take 5 minutes out of my weekend and draw like a 5 year old and I could of charged him $500,000.
Okay I'll strongly suggest you invest in bit-coin, gold, silver, crypto market, commodities, the world have advanced a whole lot that you most not be a pro to make money out the market
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Oh yeah, I know him too I'm happy to see Mr Robert Steven Clarke mentioned, he is recognized on the Google, my wife recommended him to me after investing €9,000 and he has really helped us in times of this bad pandemic crisis
Please also include how these artist works get into the pipeline of selling for millions of dollars and whether these sellings are sold by the artist or are reselling by some 1 else
The 4th guy on the list has a huge studio with dozens of employees working on his projects. I thought the main value of art is that one person created it. If other artists are actually making it, why does he get the credit?
A lot of famous art from the renaissance period was created the same way. The main artist might add final details and sign his name but his understudies did most of the work. Unless it was an extremely wealthy patron who specifically requested the master paint it. Art like anything else is a business. The understudies get paid and learn from someone whose name carries weight. The weight his name carries allows him to pay his apprentices and understudies. He's basically the idea guy at that point in his career.
What shows here is that you don't have to be a great talented Fine Artist (like Rubens, Velazquez, or Davinci just to name a few) in order to be successful in the world.
Why the flip are all the expensive artworks crappy,with no real experience behind it. Legit artists spend years to learn the fundamentals and keep practicing it all throughout their life. Modern art is a joke.
And the best of the twelve is Gerhard Richter... If you get a chance to view his piece in the Cleveland Museum, it's worth the effort. This man's gift is his unlimited potential.