Jean Michel Basquiat painting sold to Yusaku Maezawa for $110.5 million

Yusaku Maezawa, a 41-year-old billionaire from Japan paid $110.5 million for a 1982 painting "Untitled" from Jean-Michel Basquiat. The piece was originally bought in 1984 by collectors Jerry and Emily Spiegel for $19,000. Thats a price increase of $110,481,000. Obviously a big fan of Basquiat, Maezawa paid $57 million for another untitled Basquiat and in May 2016. Jean-Michel Basquiat was born in Brooklyn NY, he died August 12, 1988 (aged 27) in Manhattan.