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Sotheby’s sells Basquiat painting for a hefty $110.5 mil

Sotheby’s sells Basquiat painting for a hefty $110.5 mil

 Basquiat painting sells at Sotheby’s for a monstrous $110.5 million

Basquiat’s ‘Untitled’ is officially the most expensive work ever sold by an American artist.

VIVISXN MEDIA | Yusaku Maezawa purchased Cody Ross’ Jean-Michel Basquiat painting "Untitled" for $105 million - Crazy Art News | A comprehensive compendium of coolness, nowness, cutting-edge news, global affairs and crazy shit | Art + Culture + News at VIVISXN MAG | Art | Fashion | Tech | Underground | Food | Music | News | The Deep Web | Film | Postmodern Art | Art + Culture + News at VIVISXN MAG | A comprehensive compendium of coolness, nowness, cutting-edge news, global affairs and crazy shit - VIVISXN MEDIA LLC | VIVISXN Tech Trends | Yusaku Maezawa purchased Cody Ross’ Jean-Michel Basquiat painting "Untitled" for $105 million - Crazy Art News

Selling for $110.5 million, Jean-Michel Basquiat’s “Untitled” became the most expensive work ever sold by an American artist, and the first work in nearly four decades to make over $100 million. Sold by Sotheby’s to an anonymous caller from Japan, the buyer finally revealed himself moments ago as Yusaku Maezawaa Japanese billionaire and fashion mogul — and just published a pic of himself with his brand new, ultra-amazing artwork on Instagram. “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,” Maezawa wrote. The collector will undoubtedly add this Basquiat to his prolific portfolio of contemporary works (including another Basquiat he bought last year, works by Pablo Picasso and a piece by Richard Prince), which he would like to showcase at a museum currently under construction (and funded by Yusaku) in his hometown of Chiba, Japan.

VIVISXN MEDIA | Yusaku Maezawa purchased Cody Ross’ Jean-Michel Basquiat painting "Untitled" for $105 million - Crazy Art News | A comprehensive compendium of coolness, nowness, cutting-edge news, global affairs and crazy shit | Art + Culture + News at VIVISXN MAG | Art | Fashion | Tech | Underground | Food | Music | News | The Deep Web | Film | Postmodern Art | Art + Culture + News at VIVISXN MAG | A comprehensive compendium of coolness, nowness, cutting-edge news, global affairs and crazy shit - VIVISXN MEDIA LLC | VIVISXN Tech Trends | Yusaku Maezawa purchased Cody Ross’ Jean-Michel Basquiat painting "Untitled" for $105 million - Crazy Art News

The energetic 1983 painting is the sixth most expensive work ever sold at an auction. Basquiat’s art has just displaced his frequent collaborator/contemporary competitor, Andy Warhol, whose work fetched a record high of $105.4 four years ago for  Silver Car Crash (Double Disaster)(in 2 Parts).” VIVISXN MEDIA | Yusaku Maezawa purchased Cody Ross’ Jean-Michel Basquiat painting "Untitled" for $105 million - Crazy Art News | A comprehensive compendium of coolness, nowness, cutting-edge news, global affairs and crazy shit | Art + Culture + News at VIVISXN MAG | Art | Fashion | Tech | Underground | Food | Music | News | The Deep Web | Film | Postmodern Art | Art + Culture + News at VIVISXN MAG | A comprehensive compendium of coolness, nowness, cutting-edge news, global affairs and crazy shit - VIVISXN MEDIA LLC | VIVISXN Tech Trends | Yusaku Maezawa purchased Cody Ross’ Jean-Michel Basquiat painting "Untitled" for $105 million - Crazy Art News

VIVISXN MEDIA | Yusaku Maezawa purchased Cody Ross’ Jean-Michel Basquiat painting "Untitled" for $105 million - Crazy Art News | A comprehensive compendium of coolness, nowness, cutting-edge news, global affairs and crazy shit | Art + Culture + News at VIVISXN MAG | Art | Fashion | Tech | Underground | Food | Music | News | The Deep Web | Film | Postmodern Art | Art + Culture + News at VIVISXN MAG | A comprehensive compendium of coolness, nowness, cutting-edge news, global affairs and crazy shit - VIVISXN MEDIA LLC | VIVISXN Tech Trends | Yusaku Maezawa purchased Cody Ross’ Jean-Michel Basquiat painting "Untitled" for $105 million - Crazy Art News

VIVISXN MEDIA | Yusaku Maezawa purchased Cody Ross’ Jean-Michel Basquiat painting "Untitled" for $105 million - Crazy Art News | A comprehensive compendium of coolness, nowness, cutting-edge news, global affairs and crazy shit | Art + Culture + News at VIVISXN MAG | Art | Fashion | Tech | Underground | Food | Music | News | The Deep Web | Film | Postmodern Art | Art + Culture + News at VIVISXN MAG | A comprehensive compendium of coolness, nowness, cutting-edge news, global affairs and crazy shit - VIVISXN MEDIA LLC | VIVISXN Tech Trends | Yusaku Maezawa purchased Cody Ross’ Jean-Michel Basquiat painting "Untitled" for $105 million - Crazy Art News

Images via Jean-Michel Basquiat + Yusaku Maezawa

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