Basquiat’s Untitled Art Sells for $110.5 Million

The cliche about artists continue, with Brooklyn born artist Jean-Michel Basquiat’s paintings being worth thousands of times more after his death than they ever where in his life. The piece that was never titled was sold for $19,000 in 1984, was sold for $110.5 million dollars to Japanese entrepreneur Yusaku Maezawa. After purchasing the piece he stated on Instagram “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.” He plans to lend the work for public shows and then will eventually place the work in his private museum.

basquiat 2
Jean-Michel Basquiat (1960-1988) was born to a Haitian father and Puerto Rican mother. The artist gained fame as part OF SAMO© pronounced Same-Oh, an informal graffiti duo that used New York City as there canvas. There pieces where come than convention graffiti, art critic ” Jeffert Deitch described there work as “disjointed street poetry” and from pieces such as the one below we can see why.
jean micheal basquiteAfter Basquiat and SAMO© collaborator Al Diaz, fell out he moved his art on to a different canvas literally.

The story of this man, who in his short life managed to skillfully capture the dictomies, within race, wealth and life in a such a timeless way – is one for lovers of art, or even the midly curious theres something for everyone.