Qatar gains notice in buying masterpieces
The prices have been record breaking, and startling.
More than $70 million for Rothko’s “White Center” in 2007, a high-water mark for that artist. More than $20 million later that year for a Damien Hirst pill cabinet, then a record for a living artist. And $250 million for Cézanne’s “Card Players” in 2011, the highest known price ever paid for a painting.
Given the secrecy of the art market, few knew at the time who had laid out such huge sums. But it has become increasingly clear that those masterpieces and many more have been purchased by Qatar, a tiny country with enormous wealth and cultural ambitions to match.
“They’re the most important buyers of art in the market today,” said Patricia G. Hambrecht, the chief business development officer of Phillips auction house. “The amount of money being spent is mind-boggling.”
The purchasing is directed through intermediaries by Sheika al Mayassa bint Hamad bin Khalifa al-Thani, chairwoman of the Qatar Museums Authority and a sister to Qatar’s new emir. At age 30 she has become one of the most influential players in the art world.
No one knows exactly how much Sheika al Mayassa has spent on behalf of her family or the museum authority since she was named chairwoman by her father, the former emir, in 2006. But experts estimate the acquisition budget reaches $1 billion a year and say the Qataris have used it to secure a host of undisputed modern and contemporary masterpieces by Francis Bacon, Roy Lichtenstein, Andy Warhol and Jeff Koons.
Where all this art will eventually end up remains something of a mystery. But it seems clear that, just as Qatar has used its oil riches to boost its influence in the Middle East with ventures like arming Syrian rebels, its wealth is also being deployed to help the country become a force in the world of culture.
This effort to create a first-class contemporary art collection, essentially from nothing, has buoyed the international art market, experts say, and contributed to some of the escalation in prices.
Until Qatar’s 2007 purchase, for example, the most expensive Rothko ever sold at auction (“Homage to Matisse”) had drawn $22 million in 2005, less than one-third of the price Qatar paid. In 2011 the $250 million spent for “Card Players” was four times the highest public price ever paid for a work by that artist.
“When they finish their buying program and withdraw from the market,” said David Nash, a New York dealer who spent 35 years as a top executive with Sotheby’s, “they will leave a big hole which I don’t see anyone else ready to fill at their level.”
In recent years the Qatar Museums Authority has created three high-profile museums in the capital, Doha, by the architects Jean Nouvel, I. M. Pei and Jean-François Bodin. But each of these projects — a new home for the National Museum of Qatar now under construction; the Museum of Islamic Art; and Mathaf: Arab Museum of Modern Art — is focused on regional art and artists. So experts expect that a good portion of the Western collection being amassed will become part of a new contemporary art institution in the country, though officials have yet to announce that.
The annual acquisition budgets of major museums typically amount to just a small fraction of what Qatar is spending. The Museum of Modern Art in New York, for example, spent $32 million to acquire art for the fiscal year that ended in June 2012; the Metropolitan Museum of Art, also in New York, $39 million.
While other gulf states like Abu Dhabi and Dubai are also trying to become cultural capitals, those two members of the United Arab Emirates have teamed up with existing institutions — namely the Louvre and the Guggenheim — to establish themselves. Qatar, meanwhile, is going it alone.
“They see themselves as an international center for many cultures,” Allen L. Keiswetter, a scholar at the Middle East Institute in Washington, said of Qatar. “It establishes them as another reason to be a destination for travel, for business. If you want to attract people, you need to have a reason to go there.”
In an interview in 2010 with The New York Times, the sheika suggested that establishing art institutions might challenge Western preconceptions about Muslim societies. “My father often says, in order to have peace, we need to first respect each other’s cultures,” she said. “And people in the West don’t understand the Middle East. They come with Bin Laden in their heads.”
Sheika al Mayassa appears to combine Western and Muslim influences. Sometimes she dresses like a stylish business executive; sometimes she wears a traditional black abaya. She speaks French and English as well as Arabic.
The sheika does not have a formal background in art history, having studied political science and literature at Duke University in North Carolina.
Both she and her husband, Sheik Jassim bin Abdulaziz al-Thani, also did postgraduate work at Columbia University before returning to Qatar.”
“The sheika has a very grand vision and is a very educated woman,” said Leila Heller, a New York dealer with many Middle Eastern artists.
“She wants to make Doha a hub for art in the region, where people don’t necessarily have to fly to New York and to Paris and to L.A. to see great shows,” she said. “Doha has an ambitious plan of opening close to 20 museums of different kinds.”
Sheika al Mayassa was involved in the purchase of the ‘‘Card Players’’ for $250 million.