Japanese Collector Scoops Up $98 Million of Art in Two Days

Updated on
  • Yusaku Maezawa purchased works by Wool, Ghenie at Sotheby's
  • Sotheby's contemporary art sale totaled $242.2 million in N.Y.

'Two Studies For A Self-Portrait' by Francis Bacon.

Source: Sotheby's

Yusaku Maezawa, the 40-year-old founder of a Japanese fashion website, continued his art shopping spree on Wednesday, helping Sotheby’s reach $242.2 million in sales at its contemporary art auction even as the art market continues to contract.

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