Charles Saatchi

Charles Saatchi - London School of Economics, Life Achievements and Childhood

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Charles Saatchi Biography Stories 

Charles Saatchi's Personal Details

Charles Saatchi is a British businessman and one of the most well-known collectors of contemporary works of art

InformationDetail
BirthdayJune 9, 1943
NationalityIraqi
FamousLondon School Of Economics (LSE), Business People, Businessman, Entrepreneurs, London School of Economics
SpousesNigella Lawson
SiblingsBaron Saatchi, Maurice Saatchi
ChildrensPhoebe Saatchi
Universities
  • London School Of Economics
  • London School of Economics and Political Science
  • Christ's College
  • Finchley
Notable Alumnis
  • London School Of Economics
Founder / Co-Founder
  • Saatchi Gallery
  • Saatchi & Saatchi
  • M&C Saatchi
Birth PlaceBaghdad
ReligionSephardic law and customs, Judaism
GenderMale
FatherD
MotherDaisy Ezer
Net Worth$100 Million as of Feb 28,2016
Sun SignGemini
Born inBaghdad
Famous asBusinessman

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Charles Saatchi's photo

Who is Charles Saatchi?

Charles Saatchi is a British businessman and one of the most well-known collectors of contemporary works of art. He was born into a wealthy family and continued to build on this wealth his entire life amassing to a very comfortable retirement today. During his early career he worked for a few different advertisement companies and met some very significant people during this time including his first wife and an art director. These influences combined with his young childhood passion for comics came together to bring out the art lover in him. While he co-founded an advertisement company with his brother he was also collecting pieces of art and becoming very well known in the art community. Eventually his company became one of the biggest in the entire world and Saatchi decided to devote most of his attention to his passion for art. He opened up a gallery to showcase his personal collections and was often known for buying an artist’s entire collection. He was able to bring many young artists from obscurity to fame just by being present at their exhibits. He has gained universal recognition for his influence on modern art and has made a substantial amount from buying works of art, promoting them, and then reselling them for a huge profit

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Childhood & Early Life

Charles Saatchi was born on June 9, 1943 in Baghdad, Iraq, to Nathan Saatchi and Daisy Ezer. He was raised in a large, well-off family and has three brothers.

His family was Jewish and began suffering from Jewish persecution and hence decided to move to London, in 1947. They lived comfortably in northern London in a huge house with eight bedrooms.

He received his early education from Christ’s College secondary school and later on studied at the London College of Communication. While at school, he became obsessed with US pop culture.

Career

Charles Saatchi’s first job was as copywriter at Benton & Bowles. It was here that he met an art director, Ross Cramer, with whom he partnered up to work at ‘Collett Dickenson Pearce’ and ‘John Collins & Partners’.

In 1967, he and Cramer decided to leave their positions with John Collins & Partners. Together, they opened CramerSaatchi a creative consultancy. They took some clients directly and also offered consultancy with advertisement agencies.

In 1969, he bought his first art piece; it was by Sol LeWitt. It was not too long before he began collecting art as a hobby. Once he even purchased an entire show by Robert Mangold.

In 1970, he decided to begin a partnership with his brother Maurice. They created an advertisement agency called Saatchi & Saatchi.

In 1985, he created the Saatchi Gallery. It exhibited all the art he had in his collection which had been rapidly growing since his first purchase. His gallery quickly gained fame as a place that displayed minimalists and pop artists who had not gained a lot of fame yet. Such artists included Andy Warhol, Brice Marden, and Roy Lichtenstein.

In 1994, the company Saatchi & Saatchi was struggling and the board voted to fire his brother Maurice. In response, he quit not too long after that. Together the pair created a new agency called M&C Saatchi.

In 1998, he founded the Saatchi Shul. It was founded in Maida Vale as an Orthodox Jewish synagogue and is currently one of the fastest growing synagogues in central London.

In 2009, he published “My Name is Charles Saatchi and I am an Artoholic.” The same year he had a television show, “School of Saatchi,” which aired on the BBC network.

In July of 2010, Charles Saatchi donated his entire gallery to the British public. He also donated an additional 200 works of art from his personal collection and 25 million pounds to the British nation.

Major Works

By 1986, Saatchi & Saatchi grew to be one of the largest advertising agencies in the world. At the time the company had over 600 offices around the globe. The agency’s success was brought to the forefront when they created and promoted the famous Margaret Thatcher “Labour Isn’t Working” slogan. In 1989 alone, the revenue from the company was $3.2 billion.

Charles Saatchi is credited with creating a movement that changed art history. He made young British pop and conceptualist art more accessible and well-known. This type of art became a movement which spread worldwide and is said to have influenced many artists.

Personal Life & Legacy

In 1973, Charles Saatchi married Doris Dibley. She was an art enthusiast and would often go with Charles to buy different pieces. At the time of their marriage, she was an art and design journalist.

In 1991, he married Kay Hartenstein and had a daughter, Phoebe. The couple divorced after ten years together.

In 2003, he married Nigella Lawson. In 2013 they had a public argument which was photographed by paparazzi. The police charged him with assault and the couple divorced.

Net Worth

He has an estimated net worth of $165 million dollars according to Forbes. His advertising agency, Saatchi & Saatchi, helped him generate much of his revenue when it became the most successful advertising agency in the world in the mid 1980’s. Additionally his art trading usually provides him with a large profit.

Trivia

When Saatchi & Saatchi was just starting out the two brothers were desperate to recruit clients. One client wanted to visit their office so Charles decided to hire 12 actors to pretend they were office executives to make the business appear more successful.

In 1993, he took an obscure Jenny Saville and paid for a studio for her. He paid her salary to make art for his gallery. Her portraits are now worth up to $1.1 million.

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Charles Saatchi biography timelines

  • // 9th Jun 1943
    Charles Saatchi was born on June 9, 1943 in Baghdad, Iraq, to Nathan Saatchi and Daisy Ezer. He was raised in a large, well-off family and has three brothers.
  • // 1947
    His family was Jewish and began suffering from Jewish persecution and hence decided to move to London, in 1947. They lived comfortably in northern London in a huge house with eight bedrooms.
  • // 1967
    In 1967, he and Cramer decided to leave their positions with John Collins & Partners. Together, they opened CramerSaatchi a creative consultancy. They took some clients directly and also offered consultancy with advertisement agencies.
  • // 1969
    In 1969, he bought his first art piece; it was by Sol LeWitt. It was not too long before he began collecting art as a hobby. Once he even purchased an entire show by Robert Mangold.
  • // 1970
    In 1970, he decided to begin a partnership with his brother Maurice. They created an advertisement agency called Saatchi & Saatchi.
  • // 1973
    In 1973, Charles Saatchi married Doris Dibley. She was an art enthusiast and would often go with Charles to buy different pieces. At the time of their marriage, she was an art and design journalist.
  • // 1980
    He has an estimated net worth of $165 million dollars according to Forbes. His advertising agency, Saatchi & Saatchi, helped him generate much of his revenue when it became the most successful advertising agency in the world in the mid 1980’s. Additionally his art trading usually provides him with a large profit.
  • // 1985
    In 1985, he created the Saatchi Gallery. It exhibited all the art he had in his collection which had been rapidly growing since his first purchase. His gallery quickly gained fame as a place that displayed minimalists and pop artists who had not gained a lot of fame yet. Such artists included Andy Warhol, Brice Marden, and Roy Lichtenstein.
  • // 1986 To 1989
    By 1986, Saatchi & Saatchi grew to be one of the largest advertising agencies in the world. At the time the company had over 600 offices around the globe. The agency’s success was brought to the forefront when they created and promoted the famous Margaret Thatcher “Labour Isn’t Working” slogan. In 1989 alone, the revenue from the company was $3.2 billion.
  • // 1991
    In 1991, he married Kay Hartenstein and had a daughter, Phoebe. The couple divorced after ten years together.
  • // 1993
    In 1993, he took an obscure Jenny Saville and paid for a studio for her. He paid her salary to make art for his gallery. Her portraits are now worth up to $1.1 million.
  • // 1994
    In 1994, the company Saatchi & Saatchi was struggling and the board voted to fire his brother Maurice. In response, he quit not too long after that. Together the pair created a new agency called M&C Saatchi.
  • // 1998
    In 1998, he founded the Saatchi Shul. It was founded in Maida Vale as an Orthodox Jewish synagogue and is currently one of the fastest growing synagogues in central London.
  • // 2003 To 2013
    In 2003, he married Nigella Lawson. In 2013 they had a public argument which was photographed by paparazzi. The police charged him with assault and the couple divorced.
  • // 2009
    In 2009, he published “My Name is Charles Saatchi and I am an Artoholic.” The same year he had a television show, “School of Saatchi,” which aired on the BBC network.
  • // 2010
    In July of 2010, Charles Saatchi donated his entire gallery to the British public. He also donated an additional 200 works of art from his personal collection and 25 million pounds to the British nation.

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Charles Saatchi's FAQ

  • What is Charles Saatchi birthday?

    Charles Saatchi was born at 1943-06-09

  • Where is Charles Saatchi's birth place?

    Charles Saatchi was born in Baghdad

  • What is Charles Saatchi nationalities?

    Charles Saatchi's nationalities is Iraqi

  • Who is Charles Saatchi spouses?

    Charles Saatchi's spouses is Nigella Lawson

  • Who is Charles Saatchi siblings?

    Charles Saatchi's siblings is Baron Saatchi, Maurice Saatchi

  • Who is Charles Saatchi childrens?

    Charles Saatchi's childrens is Phoebe Saatchi

  • What was Charles Saatchi universities?

    Charles Saatchi studied at London School Of Economics, London School of Economics and Political Science, Christ's College, Finchley

  • What was Charles Saatchi notable alumnis?

    Charles Saatchi's notable alumnis is London School Of Economics

  • Which company or organization was founded by Charles Saatchi?

    Charles Saatchi was the founder/co-founder of Saatchi Gallery, Saatchi & Saatchi, M&C Saatchi

  • What is Charles Saatchi's religion?

    Charles Saatchi's religion is Sephardic law and customs, Judaism

  • Who is Charles Saatchi's father?

    Charles Saatchi's father is D

  • Who is Charles Saatchi's mother?

    Charles Saatchi's mother is Daisy Ezer

  • What is Charles Saatchi's sun sign?

    Charles Saatchi is Gemini

  • How famous is Charles Saatchi?

    Charles Saatchi is famouse as Businessman