Annie Leibowitz faces ruin

Grab your latest Advertising headlines and News here! Only for registered members.

Moderators: kikikikikiki, diptanshu, Dalbir

Post Reply
User avatar
Hasmukh
Posts: 2204
Joined: Thu Apr 06, 2006 4:33 pm
Location: Ex-Mudra. Now Guess?

Annie Leibowitz faces ruin

Post by Hasmukh »

its strange that one of the worl'd foremost photographers, one who gave most of the stars their 'images' faces ruin. Read the full article here.
Annie Leibovitz is as famous as the people she photographs but now the genius behind the lens is close to financial ruin -- a victim, some say, of her own relentless artistic ambition.
Among the qualities making Leibovitz, 59, the most sought after portrait photographer in the world are legendary perfectionism and the pouring of resources into lavish sets.

Over the course of her long career, nothing has been too extreme in Leibovitz's pursuit of the perfect picture.
In what now appears as a disastrous decision to raise funds, Leibovitz took a 24-million-dollar loan from Art Capital Group (ACG) -- in effect a high-end pawn broker -- in December 2008 using her own photographs as collateral.

That debt is due September 8 and if she can't pay up, she could lose her life's work.
mere...paise zara badhayenge...Boss??
Post Reply