Word: cashes
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...expectations, the sale could put about $120 million into Hirst's already well-lined pockets, a payday unlike anything any living artist has seen. And The Golden Calf will be the prime lot, with a presale estimate of $14.6 million to $22 million. Sometimes a bull is truly a cash...
...when Hirst is not good? He's still a cash cow. Over the past two decades, with work of very fluctuating quality, Hirst has assembled a net worth that the Sunday Times of London estimated earlier this year at $364 million. The money has bought him a farm in Devon where he lives with his companion Maia Norman and their three sons; a Gothic Revival mansion that he plans to convert into a private museum; and a house in Mexico where the family relocates for three months a year so Maia, who's Californian, can surf. When...
...global reach," says Cheyenne Westphal, Sotheby's European chairman of contemporary art. "We're everywhere, and we act as a magnet for all the new people coming into the market." And a lot of those people might be more comfortable in an auction house - where anyone with cash can flex their muscles - than in top galleries, where dealers sometimes try to place works only with important collectors who might lend or give them to major museums. It's all part of any dealer's service to the artist's long-term reputation, but it can have the effect of discouraging...
...endowment ranked 143rd in the U.S. last year - is tapping alumni and other private donors to pay for its loan-elimination program. The school has already raised $15 million of the $70 million needed to fund the initiative. And should Davidson have trouble getting alums to kick in enough cash, the school's trustees have pledged to dip into operating reserves rather than raise tuition costs. "This is the right thing to do to make sure every kid, no matter what their family's income, gets a first-rate education," Ross says...
...mail looks like a scam: "I have to come up with big-time cash," writes Max Stephenson. The 18-year-old is headed for New York University, he explains, but his mom is on disability, his dad works three jobs, and all his grants and loans only cover half of the school's $50,000 annual tab. So to cover the gap, he's hoping 10,000 friends of friends of friends will each put $2.50 in the mail or send the money via PayPal. "If you're worried I am one of those internet rip-off artists, call...