P. Diddy Acquires the Most Expensive Painting By A Living Black Artist
Diddy is the happy owner of a modern work of art by African-American artist Kerry James Marshall that he purchased during an auction at Sotheby’s on Wednesday (May 16). The rap mogul allegedly paid $21.1 million for the painting, that was created by Marshall in 1997. Throughout the auction, many individuals were questioning who the actual purchaser was because they don’t get exposed throughout the initial sale of the painting. However, Jack Shainman, Marshall’s gallerist and also dealer in New York disclosed to the New York Times that the Bad Boy Records founder was, indeed, the purchaser of the fine art. Mr. Marshall was also told on who purchased his work of art as well. "I know that this work has found a home in a collection with purpose and an eye toward preserving legacy - that of Sean Combs , and that means a lot,” he told the newspaper. "The world is recognizing Kerry James Marshall for the master that he is." Diddy is currently the owner of the very most expensive piece of fine art produced by a living African-American artist. The 48-year-old mogul was made aware of Marshall’s work through fellow businessman as well as fine art collector Swizz Beatz. The hitmaker, a passionate painter himself, continues to be quite vocal in regard to his passion for investing in the art world. A classically-trained painter, Marshall, who is a Chicago native, is well-known for his exuberant artwork on black life centering on youth, nudes, as well as families at leisure. His paintings tend to be seen in such prestigious galleries for example the Museum of Contemporary Art Chicago, the Met Breuer in New York as well as Museum of Contemporary Art, Los Angeles .
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