Compared to the success and scandal of Warhol's work in the 1960s, the 1970s were a much quieter decade, as he became more entrepreneurial.
According to Bob Colacello, Warhol devoted much of his time to rounding up new, rich patrons for portrait commissions—including Shah of Iran Mohammad Reza Pahlavi, his wife Empress Farah Pahlavi, his sister Princess Ashraf Pahlavi, Mick Jagger, Liza Minnelli, John Lennon, Diana Ross, and Brigitte Bardot.
Warhol's famous portrait of Chinese Communist leader Mao Zedong was created in 1973.
He also founded, with Gerard Malanga, Interview magazine, and published The Philosophy of Andy Warhol (1975).
An idea expressed in the book: "Making money is art, and working is art and good business is the best art."

Warhol socialized at various nightspots in New York City, including Max's Kansas City and, later in the 1970s, Studio 54.
He was generally regarded as quiet, shy, and a meticulous observer.
Art critic Robert Hughes called him "the white mole of Union Square."

In 1979, along with his longtime friend Stuart Pivar, Warhol founded the New York Academy of Art.
Compared to the success and scandal of Warhol's work in the 1960s, the 1970s were a much quieter decade, as he became more entrepreneurial. According to Bob Colacello, Warhol devoted much of his time to rounding up new, rich patrons for portrait commissions—including Shah of Iran Mohammad Reza Pahlavi, his wife Empress Farah Pahlavi, his sister Princess Ashraf Pahlavi, Mick Jagger, Liza Minnelli, John Lennon, Diana Ross, and Brigitte Bardot. Warhol's famous portrait of Chinese Communist leader Mao Zedong was created in 1973. He also founded, with Gerard Malanga, Interview magazine, and published The Philosophy of Andy Warhol (1975). An idea expressed in the book: "Making money is art, and working is art and good business is the best art."
Warhol socialized at various nightspots in New York City, including Max's Kansas City and, later in the 1970s, Studio 54. He was generally regarded as quiet, shy, and a meticulous observer. Art critic Robert Hughes called him "the white mole of Union Square."
In 1979, along with his longtime friend Stuart Pivar, Warhol founded the New York Academy of Art.
Andy Warhol