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3Novices:Japanese billionaire pays US$110m for Basquiat painting, a record for a US artist

A Japanese billionaire has paid US$110.5 million for a painting by Jean-Michel Basquiat, setting an auction record for a US artist, and any artwork created since 1980.
The 1982 Untitled, depicting a skull-like head in oil-stick, acrylic and spray paint on canvas, was the star lot of the New York auction season this May, which wraps Friday with more than US$1 billion in sales.
Sotheby’s said it was bought by 41-year-old online clothing magnate Yusaku Maezawa, who set the previous Basquiat…
May 19, 2017 at 10:03AM http://ift.tt/2rxINQC
#3Novices #News #OnlineMedia #China 3Novices China

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