Japanese Billionaire Dropped $110.5 Million On A Basquiat Painting

<p>&num;Roommates save your arts and crafts projects from school because you never know how much it&&num;8217&semi;ll be worth in the future&&num;8230&semi;if it&&num;8217&semi;s bomb of course&excl; A 1982 painting by Jean-Michel sold for an astonishing &dollar;110&period;5 million at Sotheby&&num;8217&semi;s auction of contemporary art Thursday night&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Tonight&comma; Jean-Michel Basquiat entered the pantheon of artists whose works have commanded prices over &dollar;100 million&comma; including Picasso&comma; Giacometti&comma; Bacon&comma; and Warhol&comma;&&num;8221&semi; said Gregoire Billault&comma; head of Sotheby&&num;8217&semi;s Contemporary Art Department in New York&period;<&sol;p>&NewLine;<p>The painting &&num;8220&semi;Untitled&&num;8221&semi; was purchased by Japanese billionaire Yusaku Maezawa and he couldn&&num;8217&semi;t be happier&period;<&sol;p>&NewLine;<p>&&num;8220&semi;When I saw this painting&comma; I was struck with so much excitement and gratitude for my love of art&comma;&&num;8221&semi; said Maezawa&period;<&sol;p>&NewLine;<p>He plans to showcase the painting at his museum in Chiba&comma; Japan and hopes the piece &&num;8220&semi;brings as much joy to others as it does to me&period;&&num;8221&semi;<&sol;p>&NewLine; <div class&equals;"wpra-reactions-wrap wpra-plugin-container" style&equals;"justify-content&colon; center&semi;&semi;"> <div class&equals;"wpra-reactions-container" data-ver&equals;"1&period;3&period;10" data-post&lowbar;id&equals;"28547" data-show&lowbar;count&equals;"true" data-enable&lowbar;share&equals;"onclick" data-behavior&equals;"regular" data-animation&equals;"true" data-share&lowbar;url&equals;"https&colon;&sol;&sol;dev&period;theshaderoom&period;com&sol;japanese-billionaire-dropped-110-5-million-on-a-basquiat-painting&sol;" data-secure&equals;"3c210e2f3f"> <div class&equals;"wpra-call-to-action" style&equals;"color&colon; &num;000000&semi;font-size&colon; 25px&semi;font-weight&colon; 600&semi;">What Do You Think Roomies&quest;<&sol;div> <div class&equals;"wpra-reactions wpra-static-emojis size-medium" style&equals;"border-color&colon; 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