Jean-Michel Basquiat Net Worth

Jean-Michel Basquiat net worth is
$10 Million

Jean-Michel Basquiat was born on the 22nd December 1960, in Brooklyn, New York City USA, of Puerto Rican and Haitian ancestry, and was an artist who gained popularity first as a graffiti artist and then as a neo – expressionist. Basquiat’s paintings are still influential for various artists and often hit high prices at art auctions. He passed away in August 1988.

So just how rich was the artist? It has been estimated that the overall size of Jean-Michel Basquiat’s net worth was as much as $10 million, converted to the present day, made from his artistic endeavours during a career spanning less than 12 years.

 

Jean-Michel Basquiat Net Worth $10 Million

To begin with, Basquiat showed an uncommon interest for art from an early age, and was influenced by his mother, Matilde, to draw, paint and participate in activities related to the artistic world. In 1977, Basquiat and a friend, Al Diaz started doing graffiti on abandoned buildings in Manhattan. His signature was always the same: SAMO or SAMO shit, which generated curiosity in people, mainly by the content of his graffiti messages. In the end of 1978, the Village Voice published an article about the artist, which ended with SAMO IS DEAD, the epitaph written on the walls of buildings in SoHo, New York.

In 1978, Basquiat dropped out of school and moved to the city, earning a living by selling shirts and postcards on the street. A year later, however, Basquiat became popular within the art scene of East Village in Manhattan for his appearances on a television show. At the end of the 1970s, Basquiat formed a band called Gray, with Vincent Gallo, then and unknown musician and actor. With the set, they played in clubs like Max’s Kansas City, CBGB and the Mudd Club. Basquiat and Gallo would work on a film called “New York Beat Movie”; the film career of Basquiat also included an appearance in the video “Rapture” of the band Blondie.

Basquiat gained wider recognition in 1980 when he participated in The Times Square Show, an exhibition of various artists. In 1981, Rene Ricard – poet, cultural provocateur and art critic published an article in which he commented on the artist, which helped to catapult Basquiat’s career internationally. In consecutive years, Basquiat continued to exhibit his work in New York alongside artists such as Keith Haring and Barbara Kruger. He also held international exhibitions with the help of famous gallery owners. In 1982, Basquiat was often seen in the company of Julian Schnabel, David Salle and other curators, collectors and art experts that would later become known as the neo-expressionists. However, within a couple of years many of his friends became concerned about his drug addiction and paranoid behaviour. His net worth was well established, though.

In 1985, Basquiat was on the cover of the magazine The New York Times in an article devoted entirely to him: several international exhibitions were held all in major European capitals.
Prophetically, Basquiat died of a drug cocktail (a combination of cocaine and heroin known popularly as speedball) in his studio. After his death, a film that bore his name was released relating his biography.

Finally, in the personal life of the artist, he dated an unknown singer at the time, Madonna. Later, he met Andy Warhol, with whom he collaborated openly, and cultivated close friendship. He died on the 12th August 1988 in Manhattan, New York City.


Full NameJean-Michel Basquiat
Net Worth$10 Million
Date Of BirthDecember 22, 1960, in Brooklyn, New York City USA
DiedAugust 12, 1988, NoHo, Manhattan, New York City, New York, United States
Place Of BirthBrooklyn, New York City, U.S.
ProfessionArtist, Neo-Expressionist, Primitive Style Painter
EducationEdward R. Murrow High School, City-As-School, Manhattan
NationalityAmerican
ParentsMatilda Andrades, Gerard Basquiat
SiblingsLisane Basquiat, Jeanine Basquiat, Max Basquiat
IMDBwww.imdb.com/name/nm0060016
Albums"Downtown 81" (V/A Compilation, 2010)
MoviesJean-Michel Basquiat: The Radiant Child (2009, documentary), Downtown 81 (1998), “New York Beat Movie”
TV ShowsThe Times Square Show (1980),
#Fact
1Chosen by GQ magazine as one of the 50 most stylish men of the past 50 years.
2Biography in: "The Scribner Encyclopedia of American Lives". Volume Two, 1986-1990, pages 71-72. New York: Charles Scribner's Sons, 1999.
3Biography in: "American National Biography". Supplement 1, pp. 30-32. New York: Oxford University Press, 2002.
4Was of Haitian and Puerto Rican descent.
5The movie Basquiat (1996) starring Jeffrey Wright is a biopic of his discovery by Andy Warhol, their intense friendship, the racism he endured in the art world, and the drug habit that eventually killed him.
6In 1977, he and his friend Al Diaz began spray painting subway walls with cryptic sayings, always signing them "SAMO" ("Same Old Shit"). He always said SAMO was an end to mindwash religion, nowhere politics and bogus philosophy. His idea was to write anti-materialism in plain view of some of the worst materialists around. Painted on unconventional objects retrieved from the junkyard, he seemed to be attacking bourgeois society.

Soundtrack

TitleYearStatusCharacter
Downtown 811981writer: "Palabras Con Ritmo", "Drum Mode"

Thanks

TitleYearStatusCharacter
The Family Man2000thanks - as Jean-Michel Basquiat
Style Wars1983TV Movie documentary thanks
Downtown 811981film dedicated to

Self

TitleYearStatusCharacter
Gray: Live at the New Museum2011Documentary
Con Artist2009DocumentaryHimself
TV Party2005Video documentary
Blondie: Video Hits2005Video shortHimself (segment "Rapture")
Blondie: Greatest Video Hits2002VideoHimself (segment "Rapture")
Downtown 811981Himself

Archive Footage

TitleYearStatusCharacter
The '80s: The Decade That Made Us2013TV Mini-Series documentaryHimself - Street Artist
Jean-Michel Basquiat: The Radiant Child2010DocumentaryHimself
The Universe of Keith Haring2008DocumentaryHimself (uncredited)
And You Don't Stop: 30 Years of Hip-Hop2004TV Mini-Series documentaryHimself
Superstar: The Life and Times of Andy Warhol1990DocumentaryHimself

Known for movies

Source
IMDB Wikipedia

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