Jean-Michel Basquiat, an artist who grabbed himself enormous international acclaim in the 1980s before his death in 1988. Now in 2017, the late artist has smashed the auction record for any work by a US artist.
His 1982 painting Untitled was sold through an auction by global art business Sotheby’s to Yusaku Maezawa, for a total of $110.5 million.
In case you had $110.5 million lying around, you just missed out on snagging yourself a Basquiat original, and the most expensive work by a US artist ever.
“When I first encountered this painting,” wrote Maezawa in an Instagram post. “I was struck with so much excitement and gratitude for my love of art. I want to share that experience with as many people as possible.”
Maezawa is the founder of Japan’s largest online mall.
The auction record was previously held by none other than Andy Warhol, his work Silver Car Crash (Double Disaster) selling for $104 million in 2013.
I am happy to announce that I just won this masterpiece. When I first encountered this painting, I was struck with so much excitement and gratitude for my love of art. I want to share that experience with as many people as possible. バスキア落札しました。アートを好きになってよかった。このペインティングをはじめて見た時、心からそう思いました。みなさんにも見てもらえる機会を作れたらいいなと思っています。 #jeanmichelbasquiat #basquiat #バスキア #ありがとう @sothebys
Via The Fader.