The art world was stunned when a painting by Jean-Michel Basquiat sold for $110.5 million, making it the most expensive painting by an American artist. But its buyer, Japanese billionaire Yusaku Maezawa, said in a recent interview, "There’s nothing wrong with using the money that you earn to be daring and buy art that you love or that you think is beautiful." [ more › ]
'In one of the most riveting auction battles in history, a painting by Jean-Michel Basquiat brought $110.5 million – the record for an American artist. Watch as auctioneer Oliver Barker fields bids between two collectors determined to take home the monumental masterpiece, the star of Sotheby’s Contemporary Art Evening Auction.' -- Sotheby's
Untitled, a painting by Jean-Michel Basquiat from 1982, sold for a record $110.5 million at Sotheby’s auction in New York, making it the highest priced artwork sold by any American artist. The piece was purchased by Japanese entrepreneur Yusaku Maezawa, founder of a Japanese fashion website. Show More Summary
Jean-Michel Basquiat "Untitled" (1982) sold record-breaking $110.5 million at auction. His work has now joined the hall of fame of million dollar paintings.
NEW YORK (AP) — A 1982 artwork by Jean-Michel Basquiat sold for a record $110.5 million at Sotheby's auction of contemporary art Thursday night.
A 1982 painting by Brooklyn-born Jean-Michel Basquiat sold for a staggering $110.5 million, including buyer's premium, at Sotheby's on Thursday night. The auction house said the price was the "highest paid at auction for a work by an American artist and for any artwork created after 1980." [ more › ]
Jean-Michel Basquiat, hailed as the first black art star to break through New York’s predominantly white gallery world, made history on Thursday when his untitled painting sold for a heart-stopping $110.5 million at auction. After the...Show More Summary
With the record-breaking sale, the visionary graffiti artist has entered a new league of fame.
by Charles Mudede David Bowie playing Warhol, and Jeffrey Wright playing Jean-Michel Basquiat in Basquiat. In this iconic scene, Warhol buys Basquiat's ignorant art. When you are already very rich, there are three sure ways to become...Show More Summary
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 by Yusaku Maezawa, founder of Japan’s largest online fashion mall. Per an Instagram post, Maezawa stated, “When I […]
A 1982 piece by Jean-Michel Basquiat sold for $110.5 million at a Sothetby’s postwar and contemporary art auction last night. The sale nearly doubles the previous highest price for a Basquiat work.“Untitled” joins ten other works that have sold for over $100 million. But the sale also sets the record, ... More »
With the sale Thursday night in New York City, the late Jean-Michel Basquiat's 1982 untitled painting is also said to be the sixth most-expensive work sold in world history.
Among American artists, living and departed, Jean-Michel Basquiat just bested them all. The auction of Basquiat's piece elicited gasps from an observing crowd, according to the Times. The winning bid placed over the phone by Yuki Terase, a Japanese business developer for Sotheby's. Show More Summary
As Robin Pogrebin and Scott Reyburn report, "the answer to this remarkable trajectory... lies in the art market's unpredictable but powerful alchemy: a combination of raw talent, compelling biography and limited supply."
It could be the single best unlevered investment in recent history. A portrait by New York artist Jean-Michel Basquiat sold for a remarkable $110.5 million - nearly double the $60 million expected take - during a Sotheby’s auction Thursday night in New York, according to Bloomberg. Show More Summary
An artwork created by a 21-year-old American in 1982 broke several records at an auction in New York City Thursday night—including most expensive work by a US artist. Jean-Michel Basquiat's untitled painting of a skull sold for $110.5 million to Japanese fashion tycoon Yusaku Maezawa, who set the...
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A painting by Jean-Michel Basquiat just sold for the highest price ever paid at auction for a work by an American artist: a whopping $110.5 million. The 72-by-68-inch acrylic and oil stick “Untitled” painting of a skull by the late one-time...Show More Summary