Sean 'Diddy' Combs Buys Portait For $21.1 Million
When you are of a status there about a billionaire, buying a piece of art for tens of millions of dollars will often be at your reach.
Bad Boy Records mogul Sean 'Diddy' Combs was revealed to be the secret buyer of piece of artwork "Past Times" by a renowned black painter Kerry James Marshall for a whopping amount of $21.1 million (£15.7 million).
The auctioning was done at Sotheby's which is the world's largest broker of fine and decorative arts, real estate and valuable items, and on that day the true buyer of the portrait for that amount was undisclosed until on Thursday when a gallerist told the New York Times who that was.
Mr Jack Shainman, one of the painter Mr Marshall's gallerist and dealers in New York since 1993, revealed to the NY Times that the true buyer was the city born artist and entrepreneur Sean 'Diddy' Combs.
"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," Shainman hinted on the buyer of what's presently the most expensive piece of art from an African American.
Shainman went further to reveal how that rapper got to know about the portrait, and told the NY Times that it was a fellow artist Swizz Beatz who introduced it to him before he came to gallery for a view.
Bad Boy Records mogul Sean 'Diddy' Combs was revealed to be the secret buyer of piece of artwork "Past Times" by a renowned black painter Kerry James Marshall for a whopping amount of $21.1 million (£15.7 million).
The auctioning was done at Sotheby's which is the world's largest broker of fine and decorative arts, real estate and valuable items, and on that day the true buyer of the portrait for that amount was undisclosed until on Thursday when a gallerist told the New York Times who that was.
Mr Jack Shainman, one of the painter Mr Marshall's gallerist and dealers in New York since 1993, revealed to the NY Times that the true buyer was the city born artist and entrepreneur Sean 'Diddy' Combs.
"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," Shainman hinted on the buyer of what's presently the most expensive piece of art from an African American.
Shainman went further to reveal how that rapper got to know about the portrait, and told the NY Times that it was a fellow artist Swizz Beatz who introduced it to him before he came to gallery for a view.
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