Friday, December 2, 2022

Japanese billionaire auctions Basquiat artwork

by admin
0 comment

As the Phillips auction house announced in New York on Wednesday, the almost five-meter-wide painting “Untitled” from 1982 had previously been valued at 70 million dollars. Maezawa bought the plant in 2016 for $57.3 million.

The auction house announced the auction in March. Maezawa, the very wealthy founder of Japan’s largest online fashion shop, said at the time that owning the painting was “a great pleasure” for him. But art “should be shared so that it can be a part of everyone’s life”. Before the auction, the artwork had been exhibited in London, Los Angeles and Taipei.

Related News

Latest Switzerland News and updates and political news, follow our daily update about the congress and the government roundup, we also provide the latest news from all over the world minute by minute, subscribe to get the latest updates directly to your inbox.

© 2022 All Right Reserved. Switzerland Times