The Notorious BIG stands in the foreground, a pair of sunglasses shielding his eyes, the twin towers of New York’s World Trade Centre looming behind him. Taken in 1996, a year before the hip-hop legend was murdered, the photograph speaks of a moment in history that can never be repeated.
It is the work of Chi Modu, a photographer for The Source magazine who developed close relationships with some of the biggest names in hip-hop and captured some of the most memorable images of the era – from Tupac, bare-chested and eyes closed, with a stream of cigarette smoke trailing from his mouth, to Eazy-E, leaning against the bonnet of his Chevrolet Impala, and a young Snoop Dogg, peering out soulfully from beneath his hoodie.
The pictures formed part of the first Sotheby’s auction dedicated to hip-hop last month. In 120 lots ranging from a 125th Street subway station platform sign covered in graffiti, to flyers dating back to the late 1970s and clothing worn by some of the genre’s most influential artists, the sale traced the story of hip-hop from its early beginnings.
If we want to move forward, we have to be willing to acknowledge that culture isn't just coming from one place and there isn't just one tiny group of people that gets to decide what's valuable
“The story is that hip-hop is a cultural movement; it’s not just a musical genre,” says Cassandra Hatton, the vice president and senior specialist at Sotheby’s who was responsible for putting the sale together. “It’s a cultural movement that includes music and art and fashion and design. I think a lot of people think of hip-hop as being just music. But it was really a movement that was grassroots, that was built by people in New York, in the community of the Bronx to begin with and then Queens, Brooklyn and Manhattan, and it spread out all over the world. It was built by everyday people who had extraordinary talent and turned it into this massive global cultural force. So that was something that we wanted to show.”
Hatton grew up listening to hip-hop and had been planning the sale for seven years. About two years ago, she was introduced to Monica Lynch, a former president of Tommy Boy Records, which managed the careers of many early hip-hop stars. Together, using word of mouth, they began gathering an unprecedented collection of objects.
“Monica Lynch was instrumental in this, in that she was able to connect me to different people within the hip-hop community, be it musical artists, visual artists, or people who have been working in the industry for decades. It was important to me that all the items spoke with each other – that each had a connection to something else. If you source your material using word of mouth, then naturally the story is formed, because those people know each other and already have a relationship, so those objects will probably have a relationship, too.”
While hip-hop culture certainly doesn’t need institutions such as Sotheby’s to validate it, this sale does mark an interesting turning point. “I think hip-hop has always been big and is important independent of whether places like Sotheby’s have auctions focusing on it, or whether museums like the Met or Moma decide to start collecting art by black artists. It’s already there, in of itself, without any of that happening,” says Hatton.
“But I think that a lot of museums and cultural institutions like Sotheby’s are able to see the value, and are understanding that social currents are changing and that the world is changing. If we want to move forward, we have to be willing to acknowledge that culture isn’t just coming from one place and there isn’t just one tiny group of people that gets to decide what’s valuable.”
The sale also feels particularly poignant in light of movements such as Black Lives Matter, which have been brought to the fore this year. And while Hatton points out that there was nothing strategic in the timing of the sale, she also doesn’t place too much stock in coincidences.
“I am of the generation that grew up listening to hip-hop; hip-hop has influenced my outlook on the world. A lot of the other people who are involved in movements like Black Lives Matter are also of my generation, and also grew up listening to hip-hop. So I think this sale is just part of a larger movement of people who grew up influenced by this, and are able to see the value of black lives and the culture they have spread around the world. I didn’t engineer them to happen at the same time, but global cultural currents coincided,” she explains.
Either way, the auction was a resounding success, generating $2 million, with 91 per cent of all lots sold. Leading the way was the crown worn and signed by The Notorious BIG in the famed King of New York photograph, taken during the artist’s last recorded photo shoot. He was killed in Los Angeles three days later. The crown, which had been in the possession of photographer Barron Claiborne since the day of the shoot, fetched $600,000.
Another star lot was a collection of love letters written by a teenage Tupac to Kathy Loy, a high-school sweetheart and fellow student at the Baltimore School for the Arts. Covering a total of 24 pages, the letters are a testament to Tupac’s naturally poetic writing style, featuring frequent lyrical turns and separate love poems within the body of the letters.
The sale also featured a number of jackets – including a one-of-a-kind prototype Def Jam jacket, Salt-N-Pepa’s personal “Push It” jackets and an original leather Wu-Tang Clan “Parental Advisory” jacket from 1993 – which performed well. “The jackets were pretty exciting,” says Hatton. “We had a lot in the sale and I was little nervous about how many there were, but I think for those, the appeal was they were all historic and vintage, but you can also wear them. That crossover of utilitarianism and art.”
The success of the sale, which Hatton says will be the first of many, is a testament, if needed, to hip-hop’s global appeal, as well as shifting perceptions of what constitutes art. But it is, perhaps most importantly, a mark of the power of music to induce nostalgia. This is something Hatton knows from personal experience.
“Growing up, when I was feeling down and wanted to wallow in it, I would listen to Nirvana. But when things were good and we were celebrating, it was hip-hop. That speaks to the fact that hip-hop is an uplifting music. It makes people feel good and it motivates people.”
Racecard:
6.30pm: Mazrat Al Ruwayah (PA) | Group 2 | US$55,000 (Dirt) | 1,600 metres
7.05pm: Meydan Sprint (TB) | Group 2 | $250,000 (Turf) | 1,000m
7.40pm: Firebreak Stakes | Group 3 | $200,000 (D) | 1,600m
8.15pm: Meydan Trophy | Conditions (TB) | $100,000 (T) | 1,900m
8.50pm: Balanchine | Group 2 (TB) | $250,000 (T) | 1,800m
9.25pm: Handicap (TB) | $135,000 (D) | 1,200m
10pm: Handicap (TB) | $175,000 (T) | 2,410m.
AIR
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The view from The National
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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KILLING OF QASSEM SULEIMANI
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Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
A cryptocurrency primer for beginners
Cryptocurrency Investing for Dummies – by Kiana Danial
There are several primers for investing in cryptocurrencies available online, including e-books written by people whose credentials fall apart on the second page of your preferred search engine.
Ms Danial is a finance coach and former currency analyst who writes for Nasdaq. Her broad-strokes primer (2019) breaks down investing in cryptocurrency into baby steps, while explaining the terms and technologies involved.
Although cryptocurrencies are a fast evolving world, this book offers a good insight into the game as well as providing some basic tips, strategies and warning signs.
Begin your cryptocurrency journey here.
Available at Magrudy’s , Dh104
Astroworld
Travis Scott
Grand Hustle/Epic/Cactus Jack
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
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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.”
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
The specs: 2019 Infiniti QX50
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Power: 268hp @ 5,600rpm
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Fuel economy: 6.7L / 100km (estimate)
Mobile phone packages comparison
MATCH INFO
Uefa Champions League semi-final, first leg
Barcelona v Liverpool, Wednesday, 11pm (UAE).
Second leg
Liverpool v Barcelona, Tuesday, May 7, 11pm
Games on BeIN Sports
Where to donate in the UAE
The Emirates Charity Portal
You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.
The General Authority of Islamic Affairs & Endowments
The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.
Al Noor Special Needs Centre
You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.
Beit Al Khair Society
Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.
Dar Al Ber Society
Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.
Dubai Cares
Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.
Emirates Airline Foundation
Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.
Emirates Red Crescent
On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.
Gulf for Good
Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.
Noor Dubai Foundation
Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).
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Fourth-round clashes for British players
- Andy Murray (1) v Benoit Paire, Centre Court (not before 4pm)
- Johanna Konta (6) v Caroline Garcia (21), Court 1 (4pm)
Ms Yang's top tips for parents new to the UAE
- Join parent networks
- Look beyond school fees
- Keep an open mind
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5