What is Jean-Michel Basquiat’s Net Worth Today

What is Jean-Michel Basquiat's Today – Jean-Michel Basquiat was an American artist who had an estimated net worth of US$10 million at the time of his untimely death to the hands of heroin overdose. He gained prominence and became famous in the 1980s as part of the Neo-expressionism movement.

Although he was that wealthy, he lived as though he was homeless. Jean-Michel made his fortune through his paintings. In today's economy, his paintings are some of the most valuable modern works on the planet.

It is important to note that, one of Basquiat's paintings was sold for a staggering US$110 million back in May 2017 to a Japanese collector. That is a record sale price for an American artist.

Who is Jean-Michel Basquiat?

Matilde Basquiat and Gérard Basquiat's son Jean-Michel Basquiat was born in Park Slope, Brooklyn, New York City on December 22, 1960. He was an American national who died at the age of 27 in August 12, 1988.

His father was born in Port au Prince, Haiti, and his mother Matilde was a New York-native of Puerto Rican descent. In this multicultural home, the artist grew up speaking Spanish, French and English.

He had three siblings including an elder brother Max who died shortly before Jean-Michel was born. His other siblings, both of whom are girls are Lisane and Jeannie Basquiat.

Early on, Basquiat was introduced to the art world by his mother, who frequently took him to local art museums and enrolled him as a junior member at the Brooklyn Museum of Art. A precocious kid, Basquiat learned to read and write by the age of four.

In 1967, he started school at Saint Ann's School, there he and Marc Prozzo created a children's book. When he was seven years, he got hit by a car while playing in the road; he sustained a broken arm and various internal injuries, requiring a splenectomy.

Basquiat later attended Edward R. Murrow High School for a year and then subsequently to alternative school City-As-School, which enrolled many artistic students who were out of place in conventional institutions and there he was expelled after a year, for throwing a pie at the principal.

In 1978, Basquiat and his friend Al Diaz started to spray paint graffiti on buildings across Lower Manhattan. They used the pseudonym SAMO, and often created satirical advertising slogans. Eventually, SAMO began achieving media recognition.

After breaking out as a member of the Manhattan graffiti duo SAMO, his paintings began being exhibited in galleries and museums around the world. Basquiat passed away from a heroin overdose in 1988, after which time his work steadily increased in value.

How many houses and cars does Jean-Michel Basquiat have?

For a man who was said to live like a ‘destitute', there isn't any houses and cars enlisted to his name at the time of his death.

How much does Jean-Michel Basquiat make per year?

According to reports, Basquiat was making around US$1.4 million annually.

What investments does Jean-Michel Basquiat have?

Unavailable to us. Basquiat was reported to have lived almost like a homeless person. Could that mean, he invested in nothing? Or, did he invest in business ventures that weren't captured? It's a mystery to us all. We could say, his artworks were his investments.

How many Endorsement deals does Jean-Michel Basquiat have?

At the time of his death, he did not sign any endorsement deals with any companies or brands so to say. There isn't any information in the media that speaks of endorsement deals he had throughout his career.

How many Philanthropy works has Jean-Michel Basquiat supported?

It is unknown if the late artist had been supportive of any charities and foundations throughout his short but very productive career.

How many businesses does Jean-Michel Basquiat own?

Jean-Michel Basquiat did not have any businesses to his name before his death.

Jean-Michel Basquiat Wife: Is he married?

Basquiat was never married. However, it was reported that he dated Madonna in 1982 while both of them were on precipice of mainstream stardom.

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Alamu Tosin

The writer is Alamu Tosin. I have three strong passions in life — football, blogging and movies — in that order. I love spending time with friends talking about the important things in life and hate nothing more than ‘authority’ and hypocrisy. My personal believe in life is that once an individual sets his/her mind to achieve something, it is totally possible. And oh!, I am a strong Lannister, because I always pay my debt. For writing or fixing gigs, contact [email protected].