Ken Griffin Buys Basquiat Painting for More Than $100 Million

Visitors pass in front of a painting by Jean-Michel Basquiat intitled "Boy and Dog in a Johnnypump" in Basel. Photographer: FABRICE COFFRINI/AFP Via Getty Images

Citadel founder Ken Griffin paid more than $100 million for a canvas by Jean-Michel Basquiat, the late black artist who focused on issues of race and inequality.

“The vast majority of Ken’s art collection is on display at museums for the public to enjoy” said Zia Ahmed, a Citadel spokesman. “He intends to share this piece as well.”