28-05-2017 17:30 via feedproxy.google.com

Why Did A Japanese Billionaire Decide To Spend $110 Million On A Basquiat?

Yusaku Maezawa has a collection of Basquiats, and a lot of other art, and plans to open a museum in Japan to showcase it all - and to lend art to other museums as well. "Mr. Maezawa — who does not work with an art adviser — said he was driven entirely by his love of art and not financial investment. 'I just follow my instinct,' he said. 'When I think it’s good, I buy it.'"
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