Thursday night in Manhattan, 'Untitled' sold for a cool $110 million at Sotheby's, making it the most expensive painting ever auctioned by an American artist. The man behind the canvas? None other than '80s pop-culture icon Jean-Michel Basquiat, whose quick rise to fame from homeless graffiti-artist SAMO to world-renowned painter involved rockstar-like fandom, a brief but meaningful affair with pop diva Madonna, and a battle with heroin addiction that ultimately led to the artist's premature death in 1988 at just 27 years old.

Back in 1984, 'Untitled' sold for just $19,000 at auction to New York City's Emily and Jerry Spiegel, to be added to the couple's private collection. Three decades later, the 72-by-68 inch canvas, brushed with Basquiat's trademark brand of eccentric Neo-expressionism, belongs to Japanese fashion mogul and billionaire entrepreneur, Yusaku Maezawa – and it's probably for the best. The 41-year-old former rock-musician plans to loan the artwork to institutions and exhibitions around the world before settling it in his museum in Chiba, Japan. In other words, Basquiat may be coming to a city near you.

While you wait, take a look at America's most expensive painting ever.

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