page contents Rapper Diddy buys $21.1m Kerry James Marshall painting – The News Headline

Rapper Diddy buys $21.1m Kerry James Marshall painting

Sean Combs pictured at the 2018 Met GalaSymbol copyright
Reuters

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Sean Combs, often referred to as Diddy, is a rapper, file manufacturer and entrepreneur

Rapper Sean “Diddy” Combs, additionally identified by way of his level names Puff Daddy and P Diddy, has been published as the patron of a Kerry James Marshall portray that fetched $21.1m (£15.6m) at public sale.

The sum is thought to be essentially the most ever paid for a piece by way of a residing African-American artist.

The portray, Previous Occasions, depicts black American citizens picnicking, waterskiing and paying attention to song in a Chicago park.

It measures up at a majestic 4 metres (13feet) vast.

Jack Shainman, Marshall’s gallerist and artwork broker, showed the id of the brand new proprietor. “I do know that this paintings has discovered a house in a suite with goal and an eye fixed towards holding legacy – that of Sean Combs – and that implies so much,” he advised the New York Occasions.

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Kerry James Marshall/Jack Shainman Gallery

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Previous Occasions bought for greater than 800 occasions its 1997 worth of $25,000

Diddy went to Sotheby’s public sale space to view the image, in step with the paper.

The portray were anticipated to fetch round $8m. Within the match, its worth used to be 4 occasions upper than the former file for a piece by way of 62-year-old Marshall.

Chicago’s Metropolitan Pier and Exposition Authority (MPEA) bought Previous Occasions for greater than 800 occasions what it paid in 1997, the yr the paintings used to be finished.

The MPEA initially purchased the piece for $25,000 from the Los Angeles Koplin Gallery.

Marshall is understood for portray scenes of African-American lifestyles. He used to be born in Alabama, and grew up in south central Los Angeles prior to shifting to Chicago.

The artist gained a MacArthur Basis genius grant in 1997, and up to now taught on the College of Illinois at Chicago.

The MPEA is needed to spend a percentage of its funds on artwork for public show, and recently owns greater than 100 items.

Previous Occasions had hung within the McCormick Position Conference Centre in Chicago, progressively accruing worth.

Sotheby’s mentioned there were 4 bidders for the image. Combs’ successful bid used to be it sounds as if delivered by way of telephone.

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