Charles Saatchi, impresario behind the "YBA" art renaissance in Britain, has announced that he will donate his London art gallery and 200 artworks worth an estimated $37 million to the British government. Upon his retirement, which for the fit 67-year old, is "not soon," the gallery will be renamed "The Museum of Contemporary Art, London" and the collection, though publicly owned, will be administered by a foundation that will continue to buy and sell works to fund its operations as it has all along.
also by Bill Davenport
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- Archive: Painting on My Planet/The Top Ten Painters in Houston - January 1st, 2016
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- DMA Crane Flip Video - April 26th, 2015
- Helmreich New Dean of Fine Arts at TCU - April 25th, 2015