Jean-Michel Basquiat Painting Auctions For $110.5 Million To Japanese Billionaire

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The late Jean-Michel Basquiat’s art has been synonymous with clothing brand Uniqlo’s fast fashion designs as of late, but his estate will likely be a little more exited to find that a 1982 painting has sold for $110.5 million at auction.

Japanese e-commerce billionaire Yusaku Maezawa purchased the piece after a 10-minute bidding war, making him an owner of two well-known Basquiat pieces as he also purchased a $57.3 million piece last year.

 

[Via Vulture]

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