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Arturo Di Modica, artist who sculpted Wall Street bull, dead at 80

Arturo Di Modica, the artist who sculpted the famed “Charging Bull” statue that has become a symbol of Wall Street, has died. He was 80.

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Di Modica died Friday in his hometown in Sicily. He had lived 40 years in New York. He opened an art studio in 1973 when he first arrived.

Di Modica used a truck and crane to install the 3.5-ton bronze beast in New York’s financial district without permission in 1989.

“It was a period of crisis. The New York Stock Exchange lost in one night more than 20%, and so many people were plunged into the blackest of depressions,” Di Monica told La Republica earlier this month.

He spent $350,000 of his own money to create the statue. He first thought of the creation as “a joke, a provocation. Instead it became a cursedly serious thing.”

It has become one of the city’s more visited monuments.

At the time of his death he was working on a twin horse sculpture prototype for the town of Vittoria, Sicily. The completed statue was planned to be 132-feet high and would have been placed on the banks of a river.

Di Modica’s funeral will be held Monday in the town’s St. John the Baptist Church. The town also declared Monday an official day of mourning.

The Associated Press contributed to this report.