A Masterpiece by Jean-Michel Basquiat Sells for $110.5 Million


Jean-Michel Basquiat Untitled
Jean Michel-Basquiat, Untitled 1982

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. The Japanese billionaire revealed himself to be the buyer through a post on his Instagram account.

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