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Charles Stewart

Chief Executive Officer, Sothebys

Search every verified Charles Stewart interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Charles Stewart, Chief Executive Officer of Sotheby's, stated in a July 2026 interview on Bloomberg Television that the company has seen "very strong performance" across its businesses. He highlighted the sale of a Tyrannosaurus Rex skeleton named Gus for $50.1 million, which he noted involved about 10 minutes of bidding. Stewart said buyer demand has been high, with an average of nearly five bidders per lot, and that this demand has attracted higher-quality items from sellers. Stewart also discussed the company's financial position, noting that Sotheby's raised $1 billion of primary capital about 18 months prior, including from an Abu Dhabi sovereign wealth fund, which he described as a "game changer" for the company's balance sheet. He said that Asian buyers have been a significant percentage of new bidders this year, and that the company is seeing strong demand across age groups, geographies, and categories. Stewart characterized the current market as more positive than a year ago, when the company was undergoing restructuring.

Selected quotes

Recent appearances

  • Sotheby's Sees Very Strong Performance Across Businesses

    Sotheby's Chief Executive Officer Charles Stewart says demand for luxury items has been very strong. He says a highlight was the sale of a Tyrannosaurus Rex skeleton named Gus that went for $50.1 million on Tuesday. Bidding lasted about 10 minutes. Stewart speaks on "Bloomberg The Close." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profile…

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  • Sotheby's CEO Sees Strong Global Demand in Art Market

    Sotheby's CEO Charles F. Stewart discusses the state of the auction business with Scarlet Fu and Romaine Bostick on "Bloomberg The Close." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Conn…

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  • Sotheby's CEO Charles Stewart: A lot of the more speculative money has left the auction market

    Sotheby's CEO Charles Stewart, joins 'Squawk on the Street' to discuss how the company's business is doing, what in Sotheby's ...

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  • NFT boom brings Sotheby's CEO to MWC

    (3 Mar 2022) LEAD IN: The CEO of Sotheby's has made an appearance at this year's Mobile World Congress. As the NFT market booms, even traditional auction houses need to pay attention to the tech world. STORY-LINE: Who might you expect to meet at the Mobile World Congress trade show? Telecoms giants, tech entrepreneurs and industry analysts would be the obvious answers. But the CEO of a 277 year-old auction house more commonly associated with artistic masterpieces and valuable antiques? That's a bit unexpected. But Sotheby's Charles Stewart was invited to be a speaker at a keynote sess…

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  • NFT boom brings Sotheby's CEO to MWC

    (3 Mar 2022) LEAD IN: The CEO of Sotheby's has made an appearance at this year's Mobile World Congress. As the NFT market booms, even traditional auction houses need to pay attention to the tech world. STORY-LINE: Who might you expect to meet at the Mobile World Congress trade show? Telecoms giants, tech entrepreneurs and industry analysts would be the obvious answers. But the CEO of a 277 year-old auction house more commonly associated with artistic masterpieces and valuable antiques? That's a bit unexpected. But Sotheby's Charles Stewart was invited to be a speaker at a keynote sess…

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  • Sotheby's Announces Upcoming NFT Auction In June

    Charles Stewart, CEO of Sotheby's, joins Cheddar to discuss the auction house's upcoming NFT sale and its decision to accept ...

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  • Sotheby's CEO on accepting crypto via Coinbase for physical artwork

    Sotheby's is pushing further into crypto. The auction house will accept cryptocurrency via Coinbase for Banksy's "Love is in the Air" artwork. Sotheby's CEO Charles Stewart joined "Squawk Box" on Tuesday to discuss. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CN…

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  • Sotheby's CEO on collaborating with digital artist Pak to sell NFTs

    Sotheby's CEO Charles Stewart joined "Squawk Box" on Tuesday to discuss the company's decision to collaborate with ...

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  • Sotheby's amasses $363M in first "hybrid" art auction

    Going once, going twice, sold! Sotheby's raked in $363 million at its first-ever virtual art auction last week. CEO Charles Stewart says the market has been "very resilient" and that collectors are "in some ways, more engaged in art and pursuing their passion" at this time of crisis.

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  • Sotheby's CEO Charles Stewart on the company's first virtual auction

    Sotheby's CEO Charles Stewart joins "Squawk Box" to discuss the success of the company's first-of-its-kind virtual art auction ...

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The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →