Japanese fashion multi-millionaire Yusaku Maezawa said he plans to auction off works of art really worth thousands and thousands of dollars due to the fact he has no money.
Maezawa, the founder and CEO of online fashion store Zozo, said in a Twitter put up on Saturday that he plans to promote several objects at a Sotheby’s public sale in New York on May sixteen.
The art-loving billionaire attached screenshots of works of art to the publish – an Ed Ruscha painting with an estimate of $2 million-$3 million and an Andy Warhol flora portray with an estimate of $1.5 million-$2 million.
In reaction to a person question, if the sale becomes because he has no money, Maezawa spoke back in a Twitter submit on Sunday, “Yes, I never have any money because I always spend it,” finishing the publish with a giggling face emoji.
The publicity-seeking entrepreneur’s past spending antics include the $one hundred ten million purchase of a Jean-Michel Basquiat portray and signing up to be the first non-public passenger taken across the moon by means of Elon Musk’s SpaceX.
Maezawa’s objectives have hit turbulence with the billionaire handiest currently returning to Twitter after a chain of corporate missteps saw Zozo’s inventory charge plunge by using more than half and left its cash position weakened.
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