Untitled was painted by the late artist Jean-Michel Basquiat in 1982.
In May 2017, Japanese e-commerce entrepreneur Yusaku Maezawa purchased Untitled for $110.5 million, a record for the price of a painting created after 1980.
Maezawa plans to loan the painting to museums around the world before making it the centerpiece of his museum in his hometown of Chiba, Japan.
“I hope it brings as much joy to others as it does to me, and that this materpiece by the 21-year-old Basquiat inspires our future generations,” Maezaswa said in a statement. 
Back in 1984, the previous owner of this painting bought it for 19`000 US Dollars.