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Jean-Michel Basquiat Painting Sells for $110.5 Million

A painting of a skull by artist Jean-Michel Basquiat (pictured here) has sold for an astonishing $110.5 million!

The painting is now the sixth most expensive piece of art ever sold at auction after a successful sale at Sotheby’s.

The buyer of the painting was Japanese billionaire Yusaku Maezawa, who has previously purchased a Basquiat for $57.3 million.

“I am happy to announce that I just won this masterpiece. When I first encountered this painting, I was struck with so much excitement and gratitude for my love of art. I want to share that experience with as many people as possible,” Maezawa wrote on Instagram with the below photo after he won the auction.

A post shared by Yusaku Maezawa (@yusaku2020) on