Diddy Is Now The Owner Of The Most Expensive Painting By A Living Black Artist
On Wednesday Kerry James Marshall sold his "Past Times" painting for $21.1 million. Aside from the monumental achievement (Marshall's work is reportedly the most ever paid for the work of a living African-American artist), people were wondering which collector or museum might've purchased the painting. Now, the owner has been revealed.
"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 said. "The world is recognizing Kerry James Marshall for the master that he is."
Diddy was introduced to Marshall's work through hip-hop recording artist and record producer Swizz Beatz. The sale took place at Sotheby's. Marshall has become known for creating works centered on the black experience, with his paintings displayed at the Met Breuer, the Museum of Contemporary Art Chicago and the Museum of Contemporary Art, Los Angeles.
Recently, it was reported that Diddy lost out on his bid to buy the Carolina Panthers. Pittsburgh Steelers minority owner David Tepper agreed to buy the team for a record $2.2 billion. Initially, Diddy teamed up with Steph Curry and Philadelphia 76ers co-owner Michael Rubin to try and make a bid. But the group dropped out after the price went well north of the $2 billion price tag.
Source: New York Times