Everything about Charging Bull totally explained
Charging Bull (sometimes called the
Wall Street Bull or the
Bowling Green Bull) is a 3,200
kg (7,000
pound)
bronze sculpture by
Arturo Di Modica that sits in
Bowling Green park near
Wall Street in
New York City.
The sculpture depicts a
bull, the symbol of
aggressive financial optimism and prosperity, leaning back on its haunches and with its head lowered as if ready to charge.
Di Modica spent some
US$ 360,000 to create, cast, and install the sculpture following the
1987 stock market crash as a symbol of the "
strength and power of the American people." The sculpture was the artist's idea, not the city's. In an act of "
guerrilla art", he trucked it to
Lower Manhattan and on
December 15,
1989, installed it in front of the
New York Stock Exchange as a Christmas gift to the people of New York.
The police seized the sculpture and placed it into an impound lot. The ensuing public outcry led the
New York City Department of Parks and Recreation to install it two blocks south of the Exchange in the plaza at Bowling Green. It faces up
Broadway.
The sculpture, one of the city's most photographed artworks, has become a tourist destination in the
Financial District. It has also come to be an unofficial symbol of the Financial District itself, and it often appears in the local news media to punctuate stories about optimism in the financial market.
In 2004, Di Modica announced that the bull sculpture was for sale, on condition the buyer doesn't move it from its present location.
Di Modica continues to own the copyright to the statue. In
2006, Di Modica sued Wal-Mart and other companies for illegally benefiting from his copyright, by selling replicas of the bull and using it in advertising campaigns.
Stockbrokers are said to rub the testicles of the bull for good luck. According to a
Washington Post article in 2002, "People on The Street say you've got to rub the nose, horns and testicles of the bull for good luck, tour guide Wayne McLeod would tell the group on the Baltimore bus, who would giddily oblige." The polished sheen of the statue's testicles is evidence of the popularity of this practice.
Further Information
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