Frank Gehry’s structures have transformed cities. His name is synonymous with great art and the power architecture has on our daily lives.
And at 93, he is a powerhouse of knowledge and influence, with no plans to stop working any time soon.
While in conversation with Mohamed Khalifa Al Mubarak, chairman of the Department of Culture and Tourism — Abu Dhabi, during the second day of the Culture Summit Abu Dhabi, Gehry discussed how he became an architect, the methodology that has fuelled his illustrious career and Guggenheim Abu Dhabi.
He told a packed auditorium that he started his artistic practice studying ceramics as a young man and “was terrible at it”. His teacher at the time took him to a house under construction in California, where an architect was instructing steel workers on what to do.
“I got all excited,” Gehry said. “And so I went back and took the class in architecture and I did really well. I didn't know what I was doing, but I did well.”
The starchitect has done more than just "well" over the course of his career.
From the first building he designed for a graphic designer in California — that he describes as a “plaster box, very simple” and which still stands today as an art gallery — to his deconstructivist structures, Gehry’s work not only inspires architects of his and future generations, but emotionally moves people.
From the Guggenheim Museum Bilbao in Spain to the Walt Disney Concert Hall in Los Angeles and The Dancing House in Prague, Gehry has been prolific in his creations. No matter where they are in the world or their function, his structures are designed with the culture and heritage of the land they are built on in mind, and yet hold in their visual vocabulary, which is Gehry’s unmistakable emotive and monumental style.
Scroll through the gallery below to see more of Frank Gehry's structures
When considering the intention behind how, and more importantly why, he infuses emotions into his buildings, it is interesting to note one of his early inspirations was The Charioteer of Delphi, a life-sized bronze sculpture from ancient Greece.
When Gehry first observed the ancient work he was emotionally affected and cried, especially when he realised it was attributed to "artist unknown".
“In my office, I have a picture of The Charioteer behind my desk, because it reminds me of the importance of expressing feeling with materials,” he said.
“And if that guy could last hundreds of years and still make me cry…”
Abu Dhabi’s dream and Gehry’s vision will meld together with the creation of the Guggenheim Abu Dhabi, located on Saadiyat Island.
Gehry explained in the session that when he came to Abu Dhabi 20 years ago to start working on the project, it was challenging to think of a design when, at the time, the capital’s cityscape was completely different.
Yet through his observations of the people, elements and culture, he played around with ideas that struck a chord.
“I understood that the same form multiplied, was something that was part of the language of the architecture of the region,” Gehry said, referencing the echoing structures of minarets and domes in the building of mosques.
He firmly believes that “the most important thing is to be yourself” and “to remain curious” in order to find one’s own style as an architect or for any creative practitioner.
“Curiosity, I think is number one, right?” he asked. “I mean, you've heard that before. But I think that leads you to new ideas because new ideas grow out of the context of trying something new.”
Gehry also took a moment to praise the UAE not only for its curiosity and imagination, but also its vision.
He said vision is "the message of the miracle of your country".
“I've been watching it for 25 years now. Your people are looking forward.”
Scroll through the gallery below to see more from days one and two of the Culture Summit Abu Dhabi
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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Sector: Additive manufacturing, 3D printing technologies
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Investors: Oman Technology Fund from 2017 to 2019, exited through an agreement with a new investor to secure new funding that it under negotiation right now.
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Date started: 2018
Founders: Charaf El Mansouri, Nisma Benani, Leah Howe
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