A Painting by Jean-Michel Basquiat Sold for $110.5 million

Comments

1
“He’s now in the same league as Francis Bacon and Pablo Picasso,” said the dealer Jeffrey Deitch, an expert on Basquiat.


Really?
2
It's not even especially noteworthy for a Basquiat, which makes the sale price even more inexplicable.

Both art and real estate have been the primary vehicles for worldwide money laundering schemes for decades.
3
Imagine how many people could be fed, clothed, housed, and provided fresh water and education with the money rich assholes spend on art.
4
@1: Sure, the league of painters who've sold for $100M+
5
#3 Exactly.