Stefan Simchowitz
- January 4, 2024
- Film Producer
Quick Facts
Full Name | Stefan Simchowitz |
Occupation | Film Producer |
Date Of Birth | Oct 8, 1970(1970-10-08) |
Age | 54 |
Birthplace | Johannesburg |
Country | South Africa |
Birth City | Gauteng |
Horoscope | Libra |
Stefan Simchowitz Biography
Name | Stefan Simchowitz |
Birthday | Oct 8 |
Birth Year | 1970 |
Place Of Birth | Johannesburg |
Home Town | Gauteng |
Birth Country | South Africa |
Birth Sign | Libra |
Stefan Simchowitz is one of the most popular and richest Film Producer who was born on October 8, 1970 in Johannesburg, Gauteng, South Africa. Stefan Simchowitz (born in Johannesburg, South Africa on October 8 in 1970) is a Los Angeles based art collector artist, curator of art, and advisor to the art world. He is a vocal advocate that social media is a valid means to discover, disseminating and spreading the fine arts, principally making use of Facebook as well as Instagram as self-promotion platforms and showcasing new artists and promoting the artists who he already manages.
Simchowitz is a favorite critic who claims that his penchant for promotion of young, unknown artists by acquiring large quantities of their works to later sell for profit alters the rules of the art worldan age-old system of value determination made up of a tightly knit group of publications, critics museums, universities, and galleries, which together define the definition of “good” art. Simchowitz defies the established order by selling his carefully curated collections directly to a wide array of wealthy customers who are enthused by his style.
Stefan Simchowitz engages in a hybrid practice that includes art dealing, art advising and art collecting. He believes that “the alchemy of art is that it’s not just the artist who produces the work but the spectator and the audience that essentially refines the art in its raw state into a refined product.” As such, once he discovers a young, talented, generally unknown artist with whom to work, he sets about generating a market for them and their work, building demand, which eventually drives up prices. This part of his practice functions not unlike that of an art gallery. In the meantime, Simchowitz provides a patron-like role for the artist, providing them with the finances needed to live, maintain a full-time studio and produce work. He believes that the artist must be committed to their creative work on a full time basis and that financial hardship, as well as the need to make ends meet, can be detrimental to the challenge of making good art. However, in exchange for footing the bill, Simchowitz buys any new work at a discount.
The media has also praised him, he’s been praised with a lot of praise as well as severe criticism. Simchowitz has been referred to as the Michael Milken of art world, as well as “a Sith Lord from the Brotherhood of Darkness,” by Jerry Saltz. Art Review’s entry on Simchowitz states that “if the artworld needed its Howard Stern, its Ari Gold, its Donald Trump, it got ‘Simcho’: a brash, publicity-hungry yet highly intelligent collector-adviser-dealer…”. Andrew M. Goldstein of Artspace argued that “his approach to collecting and nurturing artists systematically abrogates–annihilates–a whole series of beliefs that lie at the foundation of the art world’s critical, institutional, and commercial structures.” Simchowitz’s transparent and sincere approach has some believing that he’s simply taking the curtain off of previously hidden actions that were already prevalent in the world of art. Marc Spiegler, director of Art Basel, attributes Simchowitz’s success to the fact that he performs exactly the same thing galleries do, only at a much faster pace and also because “he has taken a market that was built on opacity and been much more transparent. He goes to an artist’s studio; he puts the stuff on Instagram.” Spiegler says that Simchowitz’s business model is similar to galleries of the past by having the sole access to his collector base. This is why the method has been described as paradigm-shifting within the context of the current art scene, while in the tradition of the art industry’s numerous businessmen.
Stefan Simchowitz Net Worth
Net Worth | $5 Million |
Source Of Income | Film Producer |
House | Living in own house. |
Stefan Simchowitz is one of the richest Film Producer from South Africa. According to our analysis, Wikipedia, Forbes & Business Insider, Stefan Simchowitz 's net worth $5 Million. (Last Update: December 11, 2023)
As of 1999 Simchowitz was a cofounder of the video content service MediaVast. In the year 2007, Getty Images acquired the company for an estimated $207 million. At the time of the sale the archive contained around 8.5 million photos.
Simchowitz was on the spotlight when the 2014 Bloomberg article on speculation on the market for contemporary art revealed his cheap purchase of 34 works from Murillo. Colombian artist Oscar Murillo near the beginning of his career in the early 2000s. offering as low as 1,500 USD to purchase some canvasses. Between 2012 and 2014, the price of an Murillo work has increased by almost three times the value. In the current auction market the typical work by the artist could fetch up to 400,000 dollars in auction. But, Simchowitz rarely sells the pieces he keeps and has a his collection of over 1500 contemporary pieces that he estimates personally around 30 million dollars and which includes “five percent of the works accounting for fifty percent of the value.”
Simchowitz believes that conversations on social media hold a degree of influence over the artworld comparable to other canonical forums for artistic discussion and legitimization, including art reviews written by critics for key publications. Supporters see his method as concerned with diversifying the number of systems which recognize and produce credible artists. A number of them, including, but not limited to Sterling Ruby, Oscar Murillo, Lucien Smith, Petra Cortright, Zachary Armstrong, Kour Pour, Jon Rafman, and Marc Horowitz have all been advised by Stefan Simchowitz. In November 2015, he was ranked #95 in Art Review Magazine’s POWER 100, a list of 2015’s “most influential people in the contemporary artworld.”
Height, Weight & Body Measurements
Stefan Simchowitz height Not available right now. Stefan weight Not Known & body measurements will update soon.
Who is Stefan Simchowitz Dating?
According to our records, Stefan Simchowitz is possibily single & has not been previously engaged. As of December 1, 2023, Stefan Simchowitz’s is not dating anyone.
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Facts & Trivia
Stefan Ranked on the list of most popular Film Producer. Also ranked in the elit list of famous people born in South Africa. Stefan Simchowitz celebrates birthday on October 8 of every year.