Rapper Diddy has revealed that 21.1 million of art to the buyer

Reuters

Rapper Sean “Diddy” Combs, better known by the name of Puff Daddy and P Diddy, has been revealed as the buyer of a Kerry James Marshall painting recovered $ 21.1 m (£15.6 m) to the auction.

The sum is supposed to be the highest ever paid for a work by a living african-American artist.

The paint, the Last Time, represents the black American picnic, water skiing and listening to music in a Chicago park.

It can measure up to an impressive four metres (13 feet) wide.

Jack Shainman, Marshall, a gallery owner and art dealer, has confirmed the identity of the new owner. “I know that this work has found a home in a collection with a purpose and an eye toward the preservation of the legacy – that of Sean Combs – and that means a lot,” he told the New York Times.

Kerry James Marshall/Jack Shainman Gallery

Diddy went to the auction house Sotheby’s to view the image, according to the newspaper.

The painting had been expected to fetch around $ 8 million. In the case, the price is four times higher than the previous record for a work of 62-year-old Marshall.

Chicago’s Metropolitan Pier and Exposition Authority (MPEA) sold Last Time more than 800 times what he had paid in 1997, the year in which the work has been completed.

The MPEA originally bought the piece for $25,000 from the Los Angeles Koplin Gallery.

Marshall is known for painting scenes of african-American life. He was born in Alabama and grew up in south central Los Angeles before moving to Chicago.

The artist has received a MacArthur Foundation genius grant in 1997, and has previously taught at the University of Illinois at Chicago.
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The MPEA is necessary to spend a share of its budget to art for public display, and currently has more than 100 rooms.

Past Time was hanging in the convention Center McCormick Place in Chicago, gradually, returning the value.

Sotheby’s said that there were four candidates for the photo. Combs’ winning bid has apparently been communicated by telephone.

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