BILLIONAIRE BEAR

ONO. Kunstnernes Hus
March 31, 2014
Oslo, Norway


Curated by Tito Frey, Andreas Hald Oxenvad and Fadlabi .



ONO



ONO

“As always, the market is right.” 2014
Erased and redacted Georg Baselitz interview from Der Spiegel.  Riso print.

ONO



BILLIONAIRE BEAR



ONO

Billionaire  Bear. (Limited edition signed by Ty Warner purchased on ebay for $340 US dollars). 2014


ONO

 

ONO

Samples. 2014
Carpet samples.

ONO


**Ty Warner is the CEO of Ty Inc. the company that manufactures and distributes Beanie Babies. The history of the Beanie Babies bubble starts in the 90’s when
speculations on these ordinary stuffed animals reached exuberant mania, with prices going for thousands and then hundreds of thousands of dollars. Ty Warner
used market tricks such as “limited edition” runs, unannounced halts, and even hand signing certain exclusive bears. The market crashed, of course, wiping out
the “investments” of those left holding the hot potatoes. Currently, there are several bears still trading in the high numbers: such as the “Princess Diana” bear
worth around $100,000. The Billionaire Bear was signed and given as rewards to employees by Ty Warner during a rally/meeting. We purchased the Billionaire
Bear on eBay for $340 US dollars. After we signed our name to it, the value dropped to rock bottom.