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Jean-Michel Basquiat Painting Sold For $110.5M

Jean-Michel Basquiat is still making his mark on the art world. Today (May 18), one of the late, great artist’s paintings sold at auction for a staggering $110.5 million. 

The New York Times reports that Basquiat’s “Untitled” painting from 1982 is the 6th most expensive art piece sold at auction while only 10 other works have sold for over $100 million.

The new owner is a Japanese billionaire, Yusaku Maezawa. The same guy who copped a Basquiat for $57.3 million last year.

Of course, he took to Instagram to show off the latest piece in his collection (see below).

Back in 2013, Jay Z copped a Basquiat painting called “Mecca” for a much more modest $4.5M.

Instagram Photo

Instagram Photo

Photo: Instagram/@yusaku2020

The post Jean-Michel Basquiat Painting Sold For $110.5M appeared first on Hip-Hop Wired.

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