• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Arts & EntertainmentAuction

Diddy’s $21.1 Million Art Buy Is Believed to Be the Highest Ever for a Living African-American Artist’s Work

By
David Z. Morris
David Z. Morris
Down Arrow Button Icon
By
David Z. Morris
David Z. Morris
Down Arrow Button Icon
May 20, 2018, 3:34 PM ET
Sean Diddy Combs
Sean Combs attends the Forbes Media Centennial Celebration at Pier 60 on Sept. 19, 2017 in New York City. Taylor Hill—FilmMagicTaylor Hill—FilmMagic

Sean Combs, the producer, rapper, and impresario better known by stage names including Diddy and Puff Daddy, has been revealed as the buyer of painter Kerry James Marshall’s painting “Past Times” (1997) at Sotheby’s on Wednesday. The $21.1 million dollar price tag is widely believed to be the highest ever for the work of a living African-American artist.

“Past Times” depicts a black family enjoying an afternoon at a lakefront park. Like much of Marshall’s work, the image balances anxiety and celebration, depicting a positive image of blackness that can’t avoid tension with America’s racial reality. The piece is 13 feet wide, one of many wall-sized paintings Marshall has produced since the 1990s. The record sale follows a landmark winter 2016 retrospective of Marshall’s work at the Metropolitan Museum of Art in New York.

kerry james washington past times
Kerry James Marshall’s “Past Times,” 1997.Sotheby’s
Sotheby's

The record sale is part of a broad and ongoing art market acceleration that has produced many all-time high prices for individual artists and categories. The art market usually rises with the broader economy, but contributing factors in this cycle have also included increased interest from Chinese collectors. African-American artists in particular are enjoying a spotlight moment, as seen in the enthusiasm that recently greeted Kehinde Wiley’s official portrait of President Barack Obama.

Get Data Sheet, Fortune’s technology newsletter.

Combs’ greatest achievement in hip-hop may have been shepherding the career of Christopher Wallace, better known as the Notorious B.I.G., considered by many to remain the greatest rapper to ever live. Combs’ art collection, too, features all-time greats, reportedly including works by Ai Weiwei and Andy Warhol. According to the New York Times, Combs was introduced to Marshall’s work by the hip-hop producer Swizz Beatz, also an art collector.

Marshall, born in 1955, is just a few years too old to be part of the hip-hop generation that Combs represents. But his work shares a lot with the musical genre, including a focus on the black experience and the frequent use of visual sampling, deconstruction, and remixing. One example is found in another of Marshall’s most famous works. “School of Beauty, School of Culture” (2012) contains a wry reference to the 14th-century English painting “The Ambassadors,” which hides an anamorphic skull representing the inevitability of death. In Kerry’s re-envisioning, the head of a blonde white woman is concealed in the image of a black beauty shop—perhaps representing its own kind of looming threat.

About the Author
By David Z. Morris
See full bioRight Arrow Button Icon

Latest in Arts & Entertainment

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Arts & Entertainment

vonn
LawSports
Lindsey Vonn’s big crash is the moment millennial nostalgia hit its limit—and symbolizes a broader reality of moving goalposts
By Nick Lichtenberg and Ashley LutzFebruary 9, 2026
5 hours ago
amodei
AIAdvertising
Scott Galloway on why that Anthropic Super Bowl ad got under Sam Altman’s skin and exposed ‘therapy’ as the AI use case
By Nick LichtenbergFebruary 9, 2026
9 hours ago
Valentines Day balloons
Arts & EntertainmentCulture
Meet the women ditching their husbands for ‘Galentine’s Day,’ with no men allowed ‘unless the bartender happens to be male’
By Alicia Rancilio and The Associated PressFebruary 9, 2026
11 hours ago
Sam Darnold #14 of the Seattle Seahawks
SuccessCareers
Super Bowl champion Sam Darnold says his plumber dad played with him every day after work, no matter how tough his day was—and that taught him resilience
By Emma BurleighFebruary 9, 2026
12 hours ago
super bowl
CommentaryAdvertising
The Super Bowl reveals a dangerous gap in corporate strategy 
By Christopher VollmerFebruary 9, 2026
14 hours ago
Side-by-side photos of OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei
AIOpenAI
OpenAI vs. Anthropic Super Bowl ad clash signals we’ve entered AI’s trash talk era—and the race to own AI agents is only getting hotter
By Sharon GoldmanFebruary 9, 2026
16 hours ago

Most Popular

placeholder alt text
C-Suite
Meet Jody Allen, the billionaire owner of the Seattle Seahawks, who plans to sell the team and donate the proceeds to charity
By Jake AngeloFebruary 9, 2026
9 hours ago
placeholder alt text
AI
As billionaires bail, Mark Zuckerberg doubles down on California with $50 million donation
By Sydney LakeFebruary 9, 2026
11 hours ago
placeholder alt text
Economy
China might be beginning to back away from U.S. debt as investors get nervous about overexposure to American assets
By Eleanor PringleFebruary 9, 2026
16 hours ago
placeholder alt text
Economy
Elon Musk warns the U.S. is '1,000% going to go bankrupt' unless AI and robotics save the economy from crushing debt
By Jason MaFebruary 7, 2026
2 days ago
placeholder alt text
Commentary
America marks its 250th birthday with a fading dream—the first time that younger generations will make less than their parents
By Mark Robert Rank and The ConversationFebruary 8, 2026
2 days ago
placeholder alt text
Economy
Russian officials are warning Putin that a financial crisis could arrive this summer, report says, while his war on Ukraine becomes too big to fail
By Jason MaFebruary 8, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.