Here’s What Japanese Billionaire Yusaku Maezawa Has Bought So Far at the Auctions
He spent $98 million in two days.
Is Yusaku Maezawa the next mega collector in the making? Judging by the Japanese online shopping magnate’s recent acquisitions, he’s making a strong case.
He bought seven works at Christie’s and Sotheby’s at New York’s spring auction, spending $98 million within two days. In a statement Maezawa announced he plans to put the art on public display in Tokyo at his Contemporary Art Foundation, which “hosts collection shows twice per year.”
According to the BBC, the 40-year-old billionaire made his fortune by starting the e-commerce company Start Today in 1998, and the online fashion retailer Zozotown in 2004.
Here’s what Maezawa bought and how much he spent.
1. $57.2 million on Jean-Michel Basquiat’s Untitled (1982), a new record for the artist.
2. $13.9 million on Christopher Wool’s Untitled (1990).
3. $9.7 million on Richard Prince’s Runaway Nurse (2007), a record for the artist.
4. $6.9 million on Jeff Koons’ Lobster (2007).
5. $2.6 million on Adrian Ghenie‘s Self Portrait as Vincent Van Gogh (2012)
6. $5.8 million on Alexander Calder’s Sumac 17 (1955).
7. $1.69 million on Bruce Nauman’s Eat War (1986).
Total: $98 million
With a fortune estimated at $2.7 billion, Maezawa clearly has the resources to go toe-to-toe with some of the most deep-pocketed collectors to get the works he wants.
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