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The Art Markets' Less Than Stellar Financial Returns

*Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.* Unless you’ve been in Pyongyang, North Korea for the past several months, you know that in May..
Zero Hedge

Rich guy Leo DiCaprio surrenders priceless art in wake of embezzlement scandal

Leonardo DiCaprio may have received some very expensive paintings in a super shady way. According to artnet, DiCaprio, a known art collector, is reportedly in the process of surrendering a $3.2..

Videos for Basquiat

News video: 4 Trending May 19

4 Trending May 19

romphim kcikstarter, pricey basquiat, ice cream, longest cat
Source: WHBF -

News video: Leo DiCaprio Tendrá Que Devolver Millones En Obras De Arte

Leo DiCaprio Tendrá Que Devolver Millones En Obras De Arte 01:16

Investigadores Federales de los Estados Unidos están conduciendo una compleja investigación de blanqueo de dinero vinculada con financistas de la Malasia. Como resultado, Leonardo DiCaprio tendrá..
Source: Wochit Spanish -

News video: Marc Jacobs collaborated with Vans once again, and they really want you to scribble on their shoes

Marc Jacobs collaborated with Vans once again, and they really want you to scribble on their shoes 00:41

Just in time for summer, Marc Jacobs and Vans are back with another collab. If you’re a DIY-er or have just been writing on your Vans since back in the day, this one’s for you. The Vans x Marc..
Source: Hello Giggles -

News video: These never-before-seen photos of Jean Michel Basquiat as a teen are totally a part of history

These never-before-seen photos of Jean Michel Basquiat as a teen are totally a part of history 00:36

Jean Michel Basquiat was a great artist, but way before he was super famous and way over the New York City art and party scene, he was one of the most well known graffiti artists in the city — but he..
Source: Hello Giggles -

News video: These graduation caps are basically artwork on your head

These graduation caps are basically artwork on your head 00:50

We can’t get enough of seeing young people exploring all of their creative genius. Most recently to steal the show are outgoing college seniors and their elaborate designs all over the — you..
Source: Hello Giggles -


Leonardo DiCaprio returns Marlon Brando's Oscar, other artefact to US govt

Hollywood star Leonardo DiCaprio has returned Marlon Brando's best actor Oscar statuette to the US government as part of an investigation into the money laundering by a state-owned Malaysian investment..
DNA Also reported by •Deccan Herald

‘Basquiat Factor’ and a Glut of Options Stoke Sales at Art Basel

There’s no shortage of contemporary art. Are there buyers to keep up with it all?

DOJ Moves To Seize DiCaprio's Picasso, Rights To "Dumb and Dumber To" As Part Of 1MDB Case

doj moves to seize dicaprio's picasso, rights to dumb and dumber to as part of 1mdb case
As part of the ongoing money-laundering probe of Malaysia's sovereign wealth fund, 1MDB, which is perhaps best known for Goldman's enabling and participation in what may end up being one of the world's..
Zero Hedge

Commerce Meets Culture at Art Basel

Dealers and buyers gathering in Switzerland will be curious to see how the market reacts to the recent blockbuster $110.5 million Basquiat sale.

Viking Returns $8 Billion To Investors As CIO Departs

viking returns $8 billion to investors as cio departs
Along with Eric Mindich's Eton Park Capital Management, Viking Global Advisors was once a stalwart name in the hedge fund industry, consistently generating double digit returns no matter the economy or..
Zero Hedge

Fabolous Recieves Key To Brooklyn And Spot On Celebrity Path

Fabolous just got one of the highest honors a Brooklynite can receive, the key to the borough.  Fab received the honor early Sunday morning and was given the key by Brooklyn Borough President Eric L...
Hip-Hop Wired

Gold and Silver Hated Now, Cryptocurrencies Loved. The Debate Rages Onward, and Here’s a Solution!

*by JS Kim, Founder of SmartKnowledgeU and skwealthacademy*, this article was first posted at smartknowledgeu.com/blog on 1 June 2017. As most of you know, the rise of the cryptocurrency has..
Zero Hedge

'I Like Strong Lines, Powerful Pieces': A Look At The Japanese Billionaire Who Paid $110 Million For Basquiat

'i like strong lines, powerful pieces': a look at the japanese billionaire who paid $110 million for basquiat
The art world was stunned when a painting by Jean-Michel Basquiat sold for $110.5 million, making it the most expensive painting by an American artist. But its buyer, Japanese billionaire Yusaku..

Why Spend $110 Million on a Basquiat? ‘I Decided to Go for It,’ Japanese Billionaire Explains

About 7,000 miles away, in New Jersey, the artist’s sister summed up her family’s response: “We were speechless.”

Let’s Pause to Appreciate Basquiat’s Hundred-Million-Dollar Painting

A son of Haitian and Puerto Rican parents in Brooklyn drops out of high school in the tenth grade, is kicked out of his home, knocks around the city doing graffiti, attracts art-world notice and..
The New Yorker

Nico, Basquiat, Murakami Tributes to Feature Devendra, Jenny Hval, Downtown Boys, More

nico, basquiat, murakami tributes to feature devendra, jenny hval, downtown boys, more
The Broad, a contemporary art museum in L.A., has announced a late-night music and performance series. “Summer Happenings at the Broad” returns this year for its second season. It features music,..

Untitled Basquiat painting auctioned for USD 110.5 million

"He is now in the same league as Francis Bacon and Pablo Picasso," said Jeffrey Deitch, an expert on Basquiat.

Basquiat painting sets multiple records, sells for USD 110.5mn

American artist Jean-Michel Basquiat joined artists Pablo Picasso and Andy Warhol in the USD 100 million club, with his 1982 Untitled artwork fetching a whopping USD 110.5 million (Rs 713 crores..

Brooklyn street artist's painting sells for $110.5 million

A painting by late Brooklyn street artist Jean Michael Basquiat sold for $110.5 million at auction, the highest price ever for a piece of American art. Tony Dokoupil has more.
CBS News

Basquiat painting was bought for just $19k in 1984

The 1982 Jean-Michel Basquiat artwork, depicting a face in the shape of a skull, was sold at auction by Sotheby's in Manhattan on Thursday night for a record $110 million.

$110.5 million Basquiat painting makes history

An untitled painting sold for $110.5 million at auction Thursday marking the first painting by an American to sell at auction for more than $100 million. The piece from 1982 is the work of a then..
CBS News

Basquiat painting sells for $110.5 million: ridiculous or righteous?

No American artist is more revered than Basquiat.

Basquiat painting fetches record $110.5 million at New York auction


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