@yousuck2020 via TwitterArts+CultureNewsBasquiat painting sells for record-breaking $110.5 million‘Untitled’ is officially the most expensive work ever sold by an American artistShareLink copied ✔️May 19, 2017Arts+CultureNewsTextRachel Cohen Selling for $110.5 million (roughly £85 million), Jean-Michel Basquiat’s “Untitled” became the most expensive work ever sold by an American artist, and the first work in nearly four decades to make over $100 million. Purchased over the phone at Sotheby’s, the buyer revealed himself in the most appropriate, and contemporary, fashion: a humble brag Insta post. Yusaku Maezawa — a Japanese billionaire and fashion mogul — captioned the series of photos of himself admiring “Untitled” from different angles: “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 will undoubtedly add this Basquiat to is growing collection of contemporary art (including another Basquiat, works by Pablo Picasso and a piece by Richard Prince), which he plans to display in a museum he is building in his hometown of Chiba. As the vibrant 1983 painting becomes the sixth most expensive work sold at auction, Basquiat surpasses his frequent collaborator, Andy Warhol, whose record high was $105.4 four years ago for “Silver Car Crash (Double Disaster)(in 2 Parts)”. Expand your creative community and connect with 15,000 creatives from around the world.READ MOREWhy did Satan start to possess girls on screen in the 70s?Learn the art of photo storytelling and zine making at Dazed+Labs8 essential skate videos from the 90s and beyond with Glue SkateboardsThe unashamedly queer, feminist, and intersectional play you need to seeParis artists are pissed off with this ‘gift’ from Jeff KoonsA Seat at the TableVinca Petersen: Future FantasySnarkitecture’s guide on how to collide art and architectureBanksy has unveiled a new anti-weapon artworkVincent Gallo: mad, bad, and dangerous to knowGet lost in these frank stories of love and lossPreview a new graphic novel about Frida Kahlo