Damien Hirst Net Worth 2022 – Salary, Income, Girlfriend

Damien Hirst Net Worth

Damien Hirst has an estimated net worth of $750 million. British artist Damien Hirst has shocked and surprised the art world with his notable works, including glass displays of dead animals and medicine cabinet sculptures. He earned most of his income from his artwork and business endeavors. In 2008, he auctioned off his artwork for a record $198 million dollars at Sotheby’s.

Damien Hirst is a successful and controversial artist who took a leading role in the Young British Artists movement in the late 1980s and 1990s.

His works, which include depictions of dead animals and spinning, have fetched exceptionally high prices. He is one of the richest artists alive today.

To calculate the net worth of Damien Hirst, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets.

All debts, such as personal loans and mortgages, are included in total liabilities. 

Here’s the breakdown of his net worth:

Name: Damien Hirst
Net Worth: $750 Million
Monthly Salary: $1 Million
Annual Income: $100 Million
Source of Wealth: Rapper

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Early Years

Hirst grew up in Leeds as a Catholic. His early religious education would later influence his art. Early on, he expressed an interest in the grisly and gruesome aspects of life. His mother described him as a morbid child later in life.

Hirst was fascinated by the images of disease and injury in illustrated pathology books as a teenager. He also showed an interest in drawing, which his mother encouraged. His father, a mechanic, abandoned the family when he was 12 years old.

As a teenager, Hirst got into trouble and was caught shoplifting twice. Despite his occasionally wild behavior, he made it to college. Hirst studied art at the University of London’s Goldsmith’s College.

While there, he organized a groundbreaking exhibition called “Freeze” in 1988. The exhibition included works by Fiona Rae, Sarah Lucas, and others, as well as his own.

Hirst and his classmates became part of the Young British Artists movement, which was just getting started. They were known for their unconventional materials and challenging art concepts. “With Dead Head,” one of Hirst’s early works, exemplifies his fascination with death and his desire to shake up the art establishment. In the photograph, the artist poses with a huge grin next to a severed head in a morgue.

While his work did not appeal to everyone, Hirst received support from Charles Saatchi, an advertising magnate and art collector. Saatchi provided financial assistance to Hirst and began collecting the artist’s works, which helped the artist’s reputation.

Saatchi purchased two of Hirst’s medicine cabinet sculptures, which were later described as “a constellation of still lifes that express and reflect the human body as a field of vulnerabilities and hopeful medical interventions” by one critic.

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Career Breakthrough: Shark

Hirst’s first solo exhibition was held at the Woodstock Street Gallery in London in 1991. The following year, he took part in the Young British Artists exhibition at the Saatchi Gallery.

He displayed “The Physical Impossibility of Death in the Mind of Someone Living,” a 14-foot-long glass tank containing a formaldehyde-preserved shark. The shark was purchased from an Australian fisherman.

Hirst’s work at the 1993 Venice Bienniale, a renowned international art exhibition, continued to set the art world on fire. He displayed “Mother and Child Divided,” an installation piece in which a bisected cow and her calf were displayed in four vitrines, or glass cases, filled with formaldehyde.

Hirst quickly rose to prominence in the United Kingdom as a result of his controversial and sometimes gruesome works. In 1995, he was awarded the prestigious Turner Prize. In his acceptance speech, Hirst said, “It’s amazing what you can do with an E in A-Level art, a twisted imagination, and a chainsaw.”

Despite the fact that his career was thriving, not every exhibition went as planned. He wanted to bring rotting cattle to New York City for an exhibit in 1995, but the city’s health officials stopped him. Hirst, on the other hand, received a warm reception the following year with a show at New York’s Gagosian Gallery.

Hirst has created paintings and sculptures in addition to his glass tank works. With canvases like “Controlled Substances Key Painting,” he explored his interest in the pharmacological age (1994).

The painting was part of a series called spot paintings, but Hirst only painted a few of them. He, like Andy Warhol, had other artists carry out his visions.

Business of Art

Hirst has proven to be a savvy businessman as well as a creative visionary. He’s turned his fame and notoriety into an art empire, and he’s now one of the wealthiest living artists. Some compare his ability to command high prices for his works to that of Jasper Johns and Jeff Koons.

Hirst bypassed his usual galleries in 2008 to auction his work directly to the public. The auction, titled “Beautiful Inside My Head Forever,” took place at Sotheby’s in London and raised approximately $198 million.

Hirst has also done well through his company, Other Criteria, which sells prints and other items with some of his signature styles and images.

Learn More: Top 30 Richest People In The World

Later Works

Hirst kept pushing the boundaries of art. In 2007, he unveiled “For the Love of God,” a platinum skull encrusted with diamonds. Many critics were unimpressed by this “celebration against death,” as Hirst put it. Others were astounded by the expected selling price of $100 million. No one initially purchased the piece, which could be interpreted as a sign of declining interest in his work. It was later purchased by a group that included Hirst and the White Cube gallery in London.

Hirst’s 2009 exhibition, No Love Lost, Blue Paintings, drew the ire of many critics, who labeled the works “dull” and “amateurish.” Many of these works were inspired by one of his favorite artists, Frances Bacon, which resulted in some unflattering comparisons.

Hirst shows no signs of slowing down these days. He takes part in exhibitions all over the world. Hirst launched his own skateboard line in 2011, making art more accessible once more.

Personal Life & Girlfriend

Hirst and his American girlfriend live in Devon, England, with their three sons.

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