Jean-Michel Basquiat was born in Brooklyn, New York, in 1960, to a Haitian father and Puerto Rican mother. He began his career as a graffiti artist in the late 1970s, tagging buildings and subway cars with his friend Al Diaz under the name SAMO. Basquiat’s poetic and cryptic graffiti caught the attention of downtown Manhattan’s art scene, leading him to transition into painting and drawing.

Jean-Michel Basquiat’s Net Worth in 2025

As of 2025, Jean-Michel Basquiat’s net worth is estimated to be around $200 million. This figure takes into account his art sales, royalties, and other investments, making him one of the most valuable artists of our time.

Jean-Michel Basquiat’s Career

Basquiat began his career in the late 1970s as a graffiti artist in New York City, alongside Al Diaz, under the name SAMO. He gained recognition in the 1980s for his neo-expressionist paintings, which often incorporated elements of African art, pop culture, and street art. His work was featured in numerous exhibitions, including a solo show at the Whitney Museum of American Art in 1985.

Jean-Michel Basquiat’s Other Ventures

In addition to his art, Basquiat also ventured into music. He was a member of the noise rock band Gray, and he collaborated with other musicians, including David Bowie and Andy Warhol. He also designed clothing and accessories, further expanding his creative portfolio.

Jean-Michel Basquiat’s Assets

Basquiat’s most valuable assets are undoubtedly his artworks. His painting “Untitled” (1982) sold for $110.5 million at Sotheby’s in 2017, making it one of the most expensive artworks ever sold. He also owned a townhouse in Greenwich Village, New York, which he shared with his girlfriend, Jennifer Goode, until his death in 1988.

Jean-Michel Basquiat’s Annual Income

Basquiat’s annual income varied greatly throughout his career. In his peak years, he was one of the highest-paid artists in the world. For instance, in 1985, he earned around $25 million from his art sales alone. However, his income was not consistent, and he struggled with financial issues later in his life.

Frequently Asked Questions about  Jean Michel Basquiat

Jean Michel Basquiat Net Worth FAQs

What is Jean Michel Basquiat’s net worth?

Jean Michel Basquiat’s net worth is estimated to be around $200 million.

How did Jean Michel Basquiat make his money?

Basquiat made his money primarily through his successful career as a visual artist. He gained recognition in the late 1970s and early 1980s as a graffiti artist and then transitioned to painting, becoming one of the most prominent artists of his generation.

What is Jean Michel Basquiat’s most expensive painting?

Basquiat’s most expensive painting is “Untitled,” a 1982 work that sold for $110.5 million at Sotheby’s in 2017.

When did Jean Michel Basquiat start his career as an artist?

Basquiat began his career as an artist in the late 1970s, initially working with his friend Al Diaz to create graffiti art under the name SAMO (Short for “Same Old Shit”) in New York City.

Who was Jean Michel Basquiat’s mentor?

Basquiat’s mentor was the artist Andy Warhol, who he met in the late 1970s and collaborated with in the 1980s.

What is the significance of Basquiat’s crowns?

Basquiat’s crowns are a recurring motif in his work, often symbolizing power, wealth, and royalty. They are also thought to represent his own African heritage and the idea of kingship.

How old was Jean Michel Basquiat when he died?

Basquiat was 27 years old when he died on August 12, 1988.

What was the cause of Jean Michel Basquiat’s death?

Basquiat’s death was caused by an accidental heroin overdose.

Where can I see Jean Michel Basquiat’s artwork?

Basquiat’s artwork can be seen in various museums and galleries around the world, including the Museum of Modern Art in New York, the Whitney Museum of American Art, and the Broad museum in Los Angeles. Additionally, many of his works are held in private collections.

What is the Basquiat documentary about?

The Basquiat documentary, directed by Julian Schnabel, is a biographical film that explores the life and career of Jean-Michel Basquiat, from his early days as a graffiti artist to his rise to fame and eventual death from a heroin overdose. It was released in 1996 and stars Jeffrey Wright as Basquiat.