Basquiat Painting Breaks Record With $110M Sale
One of Hip Hop's favorite points of reference.
New York, NY – in a Half audible sigh, a painting of the late Jean-Michel Basquiat broke to Andy Warhol, the record for the most expensive painting of an American artist when it sold at auction yesterday for $110.5 million, according to the New York Times.
In 1982, the painting of a skull "put him in the same league as Pablo Picasso and Francis Bacon," art dealer Jeffrey Deitch, said.
The buyer was 41 years old Japanese billionaire Yusaku Maezawa, who plans to display in a future museum in his hometown in Chiba.
"I am happy to announce that I won this masterpiece," he wrote in a post on Instagram. "When I first saw this painting, I was struck with so much emotion and gratitude for my love of the art. I want to share that experience with as many people as possible."
Over the years, the Hip Hop music has been featured many references to Basquiat — was born in Brooklyn to a Haitian father and puerto Rican mother. He died in 1988 at the age of 27 years. Jay Z made headlines in 2013, when he bought the Basquiat painting of "the Mecca", and has made several references to the artist throughout his career.
But Jay is far from being the only one to recognize Basquiat's work in their letters. J. Cole, Rick Ross, Killer Mike, Cy-Hi The Prynce, and more have proven to be art lovers at one time or another.
And a Rammellzee vs K-Rob-release of 1983, which included the design and production work done DX the list of the most expensive Hip-Hop albums in existence.