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Basquiat sells for $110.5 Million, acquired by entrepreneur Yusaku Maezawa

A 1982 untitled Basquiat sold for $110.5 million in New York on Thursday, setting a new auction record for the US artist in Sotheby's flagship post-war and contemporary art sale, the auction house said. Jean-Michel Basquiat, the US wonderkid of Haitian and Puerto Rican descent, who died in 1988 of an overdose at the age of 27, has been catapulted into the rostrum of 20th century greats by the rising value of his work.
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Jean-Michel Basquiat’s “Untitled” from 1982 just sold for a whopping $110.5 million USD, breaking the record for a painting sold by any American artist. The piece was auctioned off by Sotheby’s, a global art business, and purchased ...

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