JEAN-MICHEL BASQUIAT'S $100 MILLION PAINTING GOES ON DISPLAY

After Chicago billionaire Kenneth C. Griffin purchased it last month.

By Balthazar Malevolent

JEAN-MICHEL BASQUIAT'S $100 MILLION PAINTING GOES ON DISPLAY

The founder of Citadel and Chicago philanthropist Kenneth C. Griffin purchased the huge Jean-Michel Basquiat's "Boy and Dog in Johnnypump" back in June for over $100 million. "The vast majority of Kenneth's art collection is on display for the public to appreciate in museums," Citadel spokesperson Zia Ahmed said after the auction. "He plans to display this piece as well." The work will hang on the wall this Thursday in the Modern Wing of the Chicago Art Institute, where it will be on show to the public when the museum reopens.

Jean-Michel Basquiat's "Boy and Dog in Johnnypump".

"This painting is from 1982, so really at the height of Basquiat's career," noted Hendrik Folkerts, the museum's modern and contemporary art curator. "This is why we are so much pleased to be able to reopen with Boy and Dog." Measuring 14 ft long and 8 ft high, the painting depicts one of Basquiat's almost skeletal Black male figures playing with a dog in the spray of an open fire hydrant, or "johnnypump." “He wanted to paint these figures, both dog and boy, from the inside out,” Folkerts explained, while the surrounding splashes of color evoked a “blazing hot summer landscape.”

Boy and Dog in Johnnypump will be the only Basquiat's piece on display at the museum. This latest addition highlights the impact and effect of his works on the latest generation of artists. "When I talk with young artists at the School (of the Art Institute) here in Chicago or somewhere else, Basquiat is an inspiration," said Folkerts. "Basquiat is there for them." Griffin is a leading donor to cultural organizations, especially in Chicago and New York, and has lent many important pieces, such as Number 17A by Jackson Pollock and Interchanged by Willem de Kooning.

The Chicago Art Institute opens on July 30 and gives Illinois residents a week of free admission.

In other news, Adidas and Yohji Yamamoto have reunited for the second "YY EXCLUSIVE" launch following the debut of the sub-label last summer. The sub-label is distinct from Y-3, which mainly sees Yamamoto upgrading adidas classics, which is true for the latest collection of footwear and apparel.

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