Valentino cofounder sells Basquiat painting for $93.1 million

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The former chairman of Valentino just sold a Basquiat 'skull' painting at auction for $93.1 million — $40 million more than it was expected to go for

from Gagosian, a global network of art galleries, according to Art News. Before that,"In This Case" had last sold at auction in 2002 for $999,500 at Sotheby's.

by Architectural Digest showed the Basquiat skull painting displayed in his dining room, with works by Picasso and David Hockney also adorning the walls throughout the home.Start your day with the biggest stories in politics and the economy. Sign up for 10 Things in Politics.By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our

 

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Here are some paintings I did about ArtPrices and ArtAuctions. You can see some more of my art at

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