A Japanese fashion entrepreneur bought at a New York auction a skull painting by the late U.S. artist Jean-Michel Basquiat for around $110.5 million, marking the highest price ever paid at auction for a work by an American artist, according to auctioneer Sotheby's. (2017 The Estate of Jean-Michel Basquiat/ADAGP, Paris/ARS/Sotheby's)Yusaku Maezawa, who runs the "Zozotown" Japanese online clothing shopping site, purchased the 1982 Basquiat work "Untitled" on Thursday at a Sotheby's auction for an amount far exceeding the expected price of $60 million.Maezawa, the president of Start Today Co.…READ FULL ARTICLE
