...is baffled by what his art costs today. He says he discussed prices with dealer Larry Gagosian before the show, and hearing the figures, told Gagosian that they were “a little bit expensive.” According to Murakami, Gagosian replied, “No, this is big, this is big!”Let's take a closer look at that blonde. Here's video of Murakami talking about the sexuality and the business of his art.
At last month’s Art Basel contemporary fair, Murakami says, an art adviser told him that prices were now substantially higher than before the September 2008 collapse of Lehman Brothers Holdings Inc. It’s “bigger and bigger,” says Murakami. “Very scary.”
Does he think he’s too expensive? “I think so, yes, honestly, yes,” Murakami says. At the same time, his expenses are high: He employs about 200 people, and has costly travel and communications bills.
Surprisingly, the artist says he lives in a small apartment. “I cannot buy my home yet,” he says. His salary is “a small amount of money.”
The way he describes it, Murakami’s lifestyle is far from luxurious: He spends his days in the studio, painting and sculpting creatures like the blonde hovering over him.
July 16, 2011
"'I love business,' says the artist, who’s interested in evoking money and the market in his art..."
The artist, Takashi Murakami...