japanese tycoon loans basquiat masterpiece
Last Updated : GMT 12:24:11
Arab Today, arab today
Arab Today, arab today

To Brooklyn

Japanese tycoon loans Basquiat masterpiece

Arab Today, arab today

Arab Today, arab today Japanese tycoon loans Basquiat masterpiece

A Basquiat masterpiece, bought by a Japanese billionaire for a record $110.5 million
New York - Arab Today

A Basquiat masterpiece, bought by a Japanese billionaire for a record $110.5 million, will make its museum debut this month, going on display in the artist's home borough of Brooklyn.

Jean-Michel Basquiat's 1982 "Untitled" has been virtually unseen in public and never previously been exhibited in a museum. It depicts a skull-like head in oil-stick, acrylic and spray paint, and was bought at Sotheby's last May by Yusaku Maezawa.

The $110.5 million price tag set a new auction record for Basquiat and a record for the work of any US artist at auction.

"My wish to share this masterpiece with as many people as possible begins in Basquiat's home town of Brooklyn," Maezawa wrote on his Instagram account Thursday.

Basquiat was born in Brooklyn to Haitian and Puerto Rican parents. He died 30 years ago, in 1988, of an overdose aged just 27 after a fleeting eight-year career.

He enjoys a stratospheric following, his work snapped up by celebrities such as Leonardo DiCaprio and Jay-Z, but experts say his legacy has been largely confined to popular culture while museums have been accused of downplaying his stature.

The subject of much of Basquiat's work, ordeals endured by blacks in America, has found renewed resonance in the wake of nationwide US protests since 2014 about the shootings of unarmed black men by police.

The Brooklyn Museum said "Untitled" would be on view from January 26 to March 11. It will then go on a world tour, before being housed eventually in a museum that Maezawa is building in his home town of Chiba, Japan,the museum added.

"I am thrilled to be sending Basquiat's masterpiece home to Brooklyn," said the 42-year-old Japanese entrepreneur in a statement released by the museum.

"It is my hope that through the exhibition and extensive programming accompanying it, the young people of the borough will be inspired by their local hero, just as he has inspired so many of us around the world."

An aspiring rock star as a teen, Maezawa founded Start Today in 1998, which operates Japan's largest online fashion mall, ZOZOTOWN. Today, he is the 14th richest person in Japan with a fortune of $3 billion, according to Forbes.

Leonardo da Vinci's reputed "Salvator Mundi" sold for $450.3 million at Christie's last November, becoming the most expensive work of art ever sold at auction.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

japanese tycoon loans basquiat masterpiece japanese tycoon loans basquiat masterpiece

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

japanese tycoon loans basquiat masterpiece japanese tycoon loans basquiat masterpiece

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today The Rake announces editorial updates

GMT 12:19 2018 Tuesday ,16 January

The Rake announces editorial updates
Arab Today, arab today Europe brings on charm and blue skies

GMT 06:12 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Arab Today, arab today For the Variety of Interior Design Styles

GMT 11:14 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Arab Today, arab today Puigdemont candidate for Catalan president

GMT 05:31 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Arab Today, arab today Amazon to open first cashierless shop

GMT 05:52 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 13:36 2017 Friday ,22 December

Iraqi troops killed six ISIS militants in Mousl

GMT 12:33 2017 Friday ,22 December

Yara denies presenting new talk show

GMT 01:00 2017 Wednesday ,20 December

Saudi and Russia expnad food integration

GMT 14:33 2017 Tuesday ,19 December

German business morale eases back from record high

GMT 12:32 2017 Tuesday ,19 December

UK weather: The latest Sky News forecast

GMT 04:53 2017 Tuesday ,19 December

Egypt’s government signs agreement with Switzerland

GMT 04:27 2017 Tuesday ,19 December

Tensions dominate the Iranian parliament amid fears

GMT 11:35 2017 Monday ,18 December

Putin appreciates U.S intelligence cooperation

GMT 08:05 2017 Monday ,18 December

Mona Zaki reveals details of her new show

GMT 17:32 2017 Sunday ,17 December

Polls open in Chilean presidential election

GMT 07:16 2017 Sunday ,17 December

Yasmine Underlines importance of Fatimid Cairo

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 06:41 2018 Saturday ,17 March

testing from boss1

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday