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    Home»Artist»Kim Kardashian May Have Purchased a $4.9M Basquiat Painting
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    Kim Kardashian May Have Purchased a $4.9M Basquiat Painting

    IrisBy IrisDecember 31, 2024No Comments3 Mins Read
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    Rumor has it that Kim Kardashian may be the owner of a $4.9 million painting by Jean-Michel Basquiat that sold at Christie’s in 2017 Presented at auction.

    Kardashian has yet to officially confirm she is the buyer of the Basquiat painting, a 1982 canvas titled bipolar. But eagle-eyed entertainment reporters noticed in late October that Kardashian appeared to show off the painting in an Instagram post by Kris Jenner that included a photo of her home.

    bipolar It’s not the most expensive Basquiat work to sell at auction – other works by the artist have sold for much more. But if Kardashian is indeed the owner of the painting, it’s noteworthy because it means she would own one more Basquiat painting than most museums, including the Museum of Modern Art, whose There are no works by this artist in this medium in the collection.

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    Jean-Michel Basquiat, Untitled (Man in Hat), 1983. The work appears to have been consigned to Christie's by the Brant Foundation, the private foundation of collector Peter Brant. This large-scale oil portrait will be offered in Christie’s 21st Century Evening Sale on November 21, 2024. The estimate is $20 million to $30 million. Image courtesy of Christie’s.

    Ahead of the 2017 Christie’s auction, bipolar The work has not appeared on the market since its premiere at Larry Gagosian Gallery in 1982. Basquiat’s Gagosian exhibition marks his Los Angeles debut.

    The painting takes its name from the North and South Pole, the two poles that Basquiat scrawled on a piece of paper on the canvas. The words mysteriously appear alongside images of a pickaxe and a television tower.

    Jenner’s October Instagram showed photos taken at an event evil Watch party at the Kardashians’ house. A photo shows a table covered with Oz green cloth bipolar Hanging it casually on the wall, no one is looking at it.

    Well! It was first revealed in October last year that Kardashian might purchase a Basquiat painting, labeling it a “$5 million home decoration.” The news didn’t appear in the arts press until this week Art Network News noted that the painting appears to have appeared in other Kardashian-related social media posts, including an Instagram post of her daughter Chicago eating ramen in front of a painting that looks like Basquiat.

    Kardashian’s art-collecting bona fide has yet to be fully confirmed—even if she purchases art, the depth of her collection remains unknown. But in the past year or so, she has been the subject of two art-related stories, one involving an auction. In 2023, Kardashian competed with Tom Brady for a George Condo painting at a charity sale; the football player ultimately won with the winning bid of $500,000.

    Meanwhile, Kardashian recently found herself in hot water as she was sued by the Donald Judd Foundation, which claimed she lied about owning a table designed by the minimalist sculptor. Kardashian’s lawyers have moved to dismiss the case, calling the lawsuit a “tactic designed to maximize publicity.”

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