Today’s Rich People Invest in Paintings

If you think collecting blue-chip stock can make you richer, then you should go to more painting exhibitions. Because, now the richest people in the world choose another way to invest, namely through art.

One Chinese billionaire, Liu Yiqian, recently bought an iconic painting by Amedeo Modigliani worth USD170.4 million through an auction held by Christie’s Auction House earlier this week.

In September last year, Christie’s main competitor, Sotheby’s, announced a $ 500 million art auction plan from its previous owner, Alfred Taubman, who died earlier this year.

“No matter what happens to the economy, you will always see a sale of art,” said Lamar Villere, portfolio manager at Vilere & Co., an investment company from New Orleans that owns Sotheby’s shares, CNN was quoted as saying.

In New York alone, there will be auctions of artworks worth a total of USD26 trillion. Although it is not yet clear, the main purpose of these rich people to buy art objects, but certainly the value is always going up and withstand the economic crisis.

Many art observers said that these older people bought up art to keep their money safe and not be undermined by the impending economic crisis. “They are not true collectors. They are investors,” said Joel Mesler, owner of the Mesler Feuer art gallery in New York.

Questions from many people regarding the causes of expensive paintings became more prominent when the world of art passed through the mid-1990s and entered the second millennium. In 1996, Raden Saleh’s painting Deer Hunting sold for S $ 2.8 million. Walter Spies’s painting titled Blick von der Hohe sold 1.8 million Singapore dollars at the September 2001 auction.

Reported by, some say, the painting collector is divided into three categories: art lover, semi art lover, and business and pure business.

Ismail Sofyan, PT Metropolitan Development boss who is also a senior painting collector, chose to become an art lover collector. A number of paintings on display in his private gallery save the work of old masters and contemporary. For example, the works of Basoeki Abdullah, Affandi, Popo Iskandar, Sunaryo, Mohtar Apin, and his works.

Ismail chose to collect paintings for inner satisfaction and not to become investment goods. He collected paintings ranging from the price of hundreds of millions to billions of rupiah through auctions, galleries, and exhibitions. “None of my paintings are for sale,” the architect and painter explained.

Question arises. How profitable is investing in art?

Melanie Gerlis, author of Art as an Investment? Revealed, from all investment calculations, the average value of the benefits that can be achieved in a period of five to ten years is around 4 percent.

“You could say less than gold, bonds, and stocks,” Gerlis said in the Telegraph.

Not only is the profit lower than investors expect, but also the risk is high. Analysis conducted by Stanford University revealed that from 20,538 paintings sold during 1972 and 2010, it was known that Sharpe Ratio reached 0.04, far from 0.24, the value predicted so far.

Sharpe Ratio or Reward to Variability Ratio, often used by analysts to measure whether or not the type of investment, mutual funds, for example. An investment that has a high Sharpe Ratio is said to be called a good fund because it has a good risk-adjusted return (high).

Art critic Brian Sewell disagrees with his investment in this artwork. “Nobody should buy art for investment,” saying the artwork is for “pleasure and enlightenment.”

But he also offered advice to investors: “If you buy art, buy what others buy. This is a fake market, and one day, it will explode. And when it explodes, that’s the biggest profit you will get.”

Famous Indonesian Painters

The essence of art is a means to express expression or taste in a medium. The media in question can have a broad meaning, such as music, dance, theater, fine arts and others. In fact, you can also pour art just by making the expression on a plain shirt, front and back, a little more colorful.

Talking about fine art, it turns out that there are not a few names of Indonesian artists who are able to bewitch many people, even to all corners of the world through their paintings.

Of course, the path that these maestros took was not easy. Ups and downs, drops of sweat, tears, and disappointment adorn their days to the point that their struggles are rewarded with the coronation of “Legend” by many because of their unquestionable beauty.

Here are some biographies of famous Indonesian painters

Basically, every painter has their own characteristics and features and that is what makes them different. By continuing to hone their skills, some of them were able to beat international painters at the exhibition. Want to know who these maestros are? Let’s see!

1. Abdullah Suriosubroto (1878-1941)

Abdullah Suriosubroto

Abdullah Suriosubroto was born in the city of Semarang, precisely in 1878. Abdullah is the adopted son of Dr. Wahidin Sudirohusodo who is a figure in the Indonesian National Movement. He is known. He was known as the first male Indonesian painter of the 20th century.

At first, Abdullah followed in the footsteps of his adoptive father to enter a medical school in Jakarta. After graduating from Jakarta he continued his studies in the Netherlands. After settling there, for some reason Abdullah suddenly turned his back on painting and entered the fine arts school.

Upon his return to Indonesia, Abdullah consistently pursued his profession as a painter. He is very fond of landscapes, which he often pours into his paintings.

The decisions he made when he was young were not in vain, thanks to the work he produced he was included in the genre dubbed “Mooi Indie” or Indies Indah.

Abdullah Suriosubroto is often talked about through his oil painting works as a result of seeing nature from a distance and is romantic.

One of the most famous Indonesian painters, he spent most of his time in Bandung to be close to the natural scenery, before finally moving to Yogyakarta and died in 1941.

2. Affandi Koesoema (1907-1990)

Affandi Koesoema

Among the maestros and legends of famous Indonesian painters, maybe Affandi is the one who uses the strangest painting technique. He paints without a brush.

The initial process, he did was to spill colored paints onto the canvas, if seen, it might give a messy impression. But after that Affandi will brush the paint colors with his finger until the finishing stage with charming results.

Affandi Koesoema is a long-lived artist. He was born in Cirebon in 1907 and died in 1990.

Affandi is regarded as the most famous Indonesian painter in the world, thanks to his expressionist style and distinctive romanticism. In the 1950s he held many solo exhibitions in the United States, United Kingdom, India and Europe.

He is also known as a simple and humble person. Once upon a time, a painting critic from the West asked what the schools of his paintings were. Unexpectedly he even asked back and asked the Western critic to explain about the schools that exist in the painting.

However, many people considered him a genius. Because during his lifetime Affandi has produced more than 2000 works.

Read Again: 5 Most Expensive Paintings in the World, One of them is Leonardo da Vinci’s Painting

3. Agus Djaya (1913-1994)

Agus Djaya

This famous Indonesian painter was born to a Banten noble family on April 1, 1913 with the real name Raden Agus Djaja Suminta.

With this background, it’s no wonder he got a good education. After completing his education in Indonesia, Agus Djaja continued his studies at the Rijks Academy (Academy of Fine Art) in Amsterdam, Netherlands.

While in Europe, he got acquainted with some of the world’s great artists, including Pablo Picasso, Salvador Dali including Ossip Zadkine, a famous Polish sculptor.

Upon his return to Indonesia, Agus Djaja founded Persagi (Association of Indonesian Drawing Experts) and led it from 1938-1942 which was the first organization of fine artists in Indonesia. Therefore, Agus Djaja is declared one of the forerunners of Indonesian painting.

After that, he was recommended by Bung Karno to be the Chairman of the Cultural Center for the Arts Section in 1942-1945.

Apart from being a painter, during the independence revolution, Agus Djaja was active as an Intel Colonel and F.P (field preparation). He was absent from holding a solo exhibition for almost 40 years because of the role and condition of the nation at that time.

After the revolution was over, in April 1976 he held a solo exhibition at Taman Ismail Marzuki, Jakarta. More than 70 paintings are on display. Agus Djaja has characteristics with blue and red colors that seem to give a magical feel. He also often pours puppet objects into each of his works.

After a long time in the capital, Agus Djaja finally decided to move to Bali. There he founded a dream gallery on the shores of Kuta.

4. Barli Sasmitawinata (1921-2007)

Barli Sasmitawinata

Barli Sasmitawinata is a proud Indonesian realist painting maestro. He was born in Bandung on March 18, 1921, and died in Bandung on February 8, 2007.

Barli began working in the world of painting in 1935 when his brother-in-law asked him to study painting at the studio of Jos Pluimentz, a Belgian painter who had lived in Bandung.

Not satisfied with getting knowledge from Jos Pluimentz, he then studied with Luigi Nobili, an Italian painter. In this studio, Barli began to get acquainted with Affandi.

This acquaintance did not become a thing of the past. Together with Affandi, Hendra Gunawan, Soedarso and Wahdi Sumanta. Barli Sasmitawinata founded the “Five Bandung group”. This group makes their relationship like brothers. If there is a painting event, they are always together.

The great thing is that Barli Sasmitawinata is still thirsty for knowledge, even though he already has name fame. In 1950, he continued his education at the Academie de la Grande Chaumiere Paris, France. Followed at Rijksakademie van beeldende kunsten, Amsterdam, Netherlands in 1956.

Barli is also known as a famous Indonesian painter who emphasizes art education, for that after returning from the Netherlands he founded Rangga Gempol in Dago, Bandung in 1958.

In order to appreciate his long career in painting, the government through the president gave the Satyalancana award to Barli Sasmitawinata in 2000.

5. Basuki Abdullah (1915-1993)

Basuki Abdullah

Basuki Abdullah was born on January 25, 1915 and died on November 5, 1993, is one of the world’s most famous portrait painters from Surakarta – Indonesia.

This famous Indonesian painter, who is a realist and naturalist, was appointed as a painter at the Royal Palace of Thailand in the 1960s and an official painter at the Merdeka Palace in 1974.

More than that, his obsession with pursuing similarity in face and shape has made Basuki Abdullah liked by the upper class. Various statesmen and their wives competed to ask him to paint them, such as Bung Karno, Prince Philip from England, Prince Bernard from the Netherlands, and the Sultan of Brunei to jet setters such as Mrs. Ratna Sari Dewi.

Basuki Abdullah’s talent for painting was inherited from his father’s artistic spirit, Abdullah Suriosubroto, who is also a painter.

Basuki Abdullah started his education at HIS Catholic and Mulo Catholic Solo, Central Java. Then he received a scholarship in 1933 to study at the Academie Voor Beeldende Kunsten Den Haag, the Netherlands.

He is also one of the Indonesian painters who made the nation proud, because on September 6, 1948, during the coronation of Queen Yuliana in the Netherlands, Basuki managed to beat 87 painters of international caliber in a competition held in Amsterdam.

Apart from Indonesia, he often holds solo exhibitions abroad, such as in Thailand, Malaysia, Japan, the Netherlands, England, and other countries. In fact, no less than 22 countries in the world collect his works.

5 Scary Paintings in the World, Do You Dare to See Number 4 Painting?

Residents of new homes usually buy a painting to give a beautiful impression to a room. However, what happens when replacing a house with scary paintings in the world? I was amazed … but the hair on my neck stood up!
A painting full of abstract scribbles has a high artistic value, which can create a spooky impression.
Some paintings have creepy themes made by world-famous painters.

Try your test by looking at the scary paintings below!

“The Crying Boy”

In plain view, this boy is adorable, isn’t he? However, the work of Giovanni Bragolin’s painting or also called Bruno Amadio, became famous because of the story of a firefighter. The Sun magazine published the story in 1980 in England.

There was one fire that occurred in one house this year, but the only item left was the painting “Crying Child.” Very hot flames did not scratch this painting. A lively fact, the boy in this painting, is an orphan greater in danger. Wow, goosebumps, too, the story!

“Death of Marat”

Still Edvard Munch, a Norwegian painter. This time his work tells the story of a man named Marat who fights against his illness. The brutal, horrific impression studied by patients still struggling to produce remains seriously ill.

The Hands Resist Him

The making of this painting was in 1972 by Bill Stoneham. “The Hands Resist Him,” ​​thought the figure of a boy who was said to be Bill when he was a child. He was seen standing alone with an expressionless girl doll beside him.
Mystical stories often occur in this painting because, based on the recognition of people who have received, this painting often moves on its own. Also, the girl doll in the picture often disappears. Geez, you’re so scary!

The Dead Mother

This work by Edvard Munch is included in the next creepy painting. The fact that was released, this painting was the outpouring of the painter, Edvard, who was left dead by the comics. The emotions expressed in each stroke seemed to make “The Dead Mother” very real and lively.

According to the story, the figure of a child in this painting looks very lively because someone is staring then the boy’s eyes will come along. Ouch! Do you dare to be surprised?

Heads Severed

This work is one of the scariest paintings in the world. The painter is Theodore Gericault, who is identical to his romantic works. However, for this work, he places different romanticism. Pieces inspired him in hospitals and laboratories. The concept is beautiful … but it’s scary at night?

When Football Is Combined With Famous Artist Style Paintings

Football is an art. A British artist named John Myatt realized it. Andres Iniesta, Steven Gerrard, Arjen Robben, Andrea Pirlo, and Cristiano Ronaldo, who have their own stories in their football careers, are depicted in streaks of paint on canvas.

Myatt created Gerrard, Iniesta, Robben, Ronaldo, and Pirlo, with paintings inspired by historical paintings. He imitated the style of paintings of famous artists such as Vincent van Gogh, Leonardo da Vinci, Pablo Picasso, Sir Joshua Reynolds, and Columbano Bordalo Pinheiro.

Using the iconic face as the basis for my painting is very pleasant. “Of course we often see the talent of soccer players like Ronaldo and Gerrard on TV screens, but I have never seen their faces plastered on paintings like this before,” Myatt said in the launch of his painting on Sky Sport 5.

Quite interesting, Myatt’s idea. I wonder what the results will be like?

Here are five paintings that are the work of John Myatt and the stories behind the paintings:

Steven Gerrard a la Sir Joshua Reynolds

Sir Joshua Reynolds was a prominent painter in the mid-1700s. King George III knighted him in 1769.

In 1766 he painted General John Burgoyne. Burgoyne is synonymous with thinking and slow movements that made him and his troops captured in the American revolutionary war. To commemorate the turning point of the great war, Historian Edmund Morgan described the moment.

Then why is Gerrard described as General Burgoyne? There is a link between the incident on 27 April in which the Liverpool captain slipped, which made the Chelsea striker, Demba Ba, get an open opportunity that finally scored to give Chelsea victory. The defeat made Liverpool fail to win the title of the champion who has been coveted since 1990.

Not only that, but some parties also put Gerrard as the party that made Uruguay able to win the match when Uruguay met England in the World Cup group stage. Gerrard is wrongly anticipating the ball so that the ball leads to Uruguay striker Luis Suarez. Suarez then scored the decisive goal for Uruguay’s win over England. Identical to what General Burgoyne did in the past.

Arjen Robben a la Vincent van Gogh

Initially, many people struggled why Vincent van Gogh’s painting was pinned to Arjen Robben. Van Gogh is known as a painter who lost one of his ears. Some revealed that Van Gogh deliberately cut off his ear, but then some said van Gogh lost his ear due to a fight with his friend, who was a French artist, Albert Gauguin.

The Daily Telegraph writer Rupert Hawksley then related this to balance. He writes: To be able to stand on your feet, you need to maintain balance. And your ears must have something to do with maintaining balance.

BBC also reveals things that are not much different, and In your ear, there is a labyrinth of bone space called a labyrinth of bones. This section is divided into three parts. One part, known as your cochlea, is responsible for hearing. The other two, to maintain the balance of other organs.

Then the relationship with Robben? It seems that the purpose of the balance above is to associate with Robben, who often cannot maintain his balance until he is diving.

Andres Iniesta by Pablo Picasso

Pablo Picasso is a Spanish artist known as a 20th-century revolutionary painter. That description seems to be enough reason why Andres Iniesta was painted in the style of Picasso’s paintings.

Andrea Pirlo by Leonardo Da Vinci

Leonardo Da Vinci’s paintings often incorporate the playful side and hidden meaning in each of his works. Mona Lisa’s smile, which is her best work, is often described as a painting of a woman who has a mysterious expression.

If Da Vinci is from Italy, then who is the most mysterious Italian footballer? Who else if not Andrea Pirlo. On and off the pitch, Pirlo doesn’t say much. His facial expression also seemed never to change. It is very difficult to guess what is in his mind. But even so, excellent bait becomes its beauty in the green field. That is why this Juventus player was canvassed in a Mona Lisa painting.

 Cristiano Ronaldo in the style of Columbano Bordalo Pinheiro

Columbano Bordalo Pinheiro is considered the master of Portuguese realism and is the most famous painter of his generation. While Cristiano Ronaldo is the best player in the world after last year won the Ballon Or. Ronaldo defeated Lionel Messi, who is also the main competitor of Ronaldo in the current era.

What is the relationship between Columbano and Ronaldo? First, Columbano is the best painter, while Ronaldo is currently the best footballer. Secondly, both Columbano and Ronaldo are Portuguese.

Art, The Psychiatric Therapy for Mental Disabilities

The limitations possessed by people with mental disabilities do not necessarily become obstacles to their artistic creativity. Art, in their case, can be a medium of psychiatric therapy in addition to being a medium of expression.

“Previously, they had to be distinguished from those who truly had talent from those who had no talent but had the energy to channel their frustrations,” said Nova Riyanti Yusuf, as a psychiatrist in the ‘Pioneering Indonesian Brut Art Network’ discussion.

Nova said that painting for people with mental disabilities or psychiatric problems could be an opportunity to express emotions moreover if those with limited psychic abilities are unwilling or able to express it directly.

Children or people with mental disabilities have limited psychological and social functions. However, the causes and implications of these deficiencies cannot be explained.

Some that are classified as mental disabilities are difficult to control emotions and social and mental retardation or with a weak brain capture. Schizophrenia or disruption of thought processes and emotional responses also include mental disabilities.

“Doctors do not necessarily understand how he feels, because sometimes to hurry home and do not need to check again, they will say they have not heard a disturbing where, for example. So what can be done (as distribution) is by painting,” Nova said.

According to Nova, interestingly, not only as a medium of expression, the artwork of people with mental disabilities has a value that is not inferior to those with conditions in general.

“I agree that the work of the disabled is eagerly awaited because it is not just a matter of work, but there is a statement in it,” Nova said.

“Work is not something strange; even writing people is now easy. But what is different, people with disabilities give a sense of their work. Besides talent, there is a deep sense of things that they cannot express,” she said.

Another positive value from issuing expressions through art was expressed by the companion of persons with disabilities at the Hadiprana Art Center, Timotheus Warsito. According to her, painting can help her students be more focused and train the motor system.

Timothius admitted, during their time, she helped train many children who already have talent in the field of painting. She often gets recommendations from parents or teachers of children who appear to have talent in the field of painting.

Her job is to see the recommended artistic talents of each child and then help direct and explore these talents as a potential and one of the psychiatric therapies.

“(Painting) is very effective to help focus training, motor training is also more subtle and also from the communication that conveyed their ideas into better paintings,” said Timothius, who claimed to have taught hundreds of children.

5 Most Expensive Paintings in the World, One of them is Leonardo da Vinci’s Painting

Many works by renowned painters in the world of his work end up being the most expensive paintings when marketed or entered the auction hall. Leonardo da Vinci’s works are considered to be the most expensive paintings, reaching Rp 6.3 trillion.

For people who do not understand enough about the value of a work of art must be wondering what is special about a painting where the price reaches trillions of rupiahs. Even though that kind of money can be used to do thousands of other more enjoyable jobs.

For examples, such as making a home purchase, collecting a car, or even traveling abroad. Compared to merely looking at a painting at a location that seems boring. Which one do you choose?

Painting has its charm for its fans, meaning in a complicated process to many factors, the price of a painting can be too expensive. Whoever drew also contributed to the selling value.

These are the 5 most expensive paintings in the world!

Interchange, Willem de Kooning

Next in the second place is a painting by a Dutch-American man, Willem de Kooning, named Interchange, which was created in 1955. This abstract image is inspired by his environment while living in New York. The David Geffen Foundation was marketed at Rp 4.2 trillion in 2015 and was successfully brought back by billionaire Kenneth C. Griffin.

Nafea Faa Ipoipo, Paul Gauguin

Completed in 1892 by Paul Gauguin, this painting tells the story of two indigenous women in the country of Tahiti. The meaning of the name of this picture is “When Do You Want to Get Married?”. Again, people from Qatar who successfully bought it have the name Sheikha Al-Mayassa, equivalent to Rp 2.9 trillion.

Salvator Mundi, Leonardo da Vinci

Quoted from Work and Money, the painting named Salvator Mundi was painted by the familiar painter Leonardo da Vinci in the 1500s. The contents of this picture are the figure of the Lord Jesus, who is holding a crystal ball — successfully marketed in 2017 at Christie’s auction house in New York, United States of Rp 6.3 trillion. Just so you know the one who succeeded in bringing it home is the son of the royal kingdom of Saudi Arabia, Mohammed bin Salman. How lucky?

The Card Player, Paul Cezanne

Paul Cezanne is a French painter who succeeded in creating the third most expensive painting, The Card Player in the 1890s. As the name suggests, this painting reflects 2 people who were playing cards. When technology hasn’t preyed on sociality, people have to find something fun when meeting be it in a cafe or restaurant. One of them is playing cards together. Just imagine if this painting was taken from the present life, where you can play some online poker games, of course this painting will depict two mobile phones rather than the cards itself. The owner of this picture is the Qatari royal family who bought it in 2011 with a nominal value of Rp 3.5 trillion.

Number 17A, Jackson Pollock

The last order of the most expensive paintings in the world is Number 17A by the American painter Jackson Pollock. The picture is very abstract, even included in very abstract art in the 20th century. But what puzzled billionaire Kenneth C. Griffin to buy it home with a price reaching Rp 2.8 trillion.

How do you think that the artworks are worth not entering into the most expensive arrangement of paintings in the world today? Instead of buying paintings, it’s better to invest in funds or create businesses to make them more profitable.