Murakami on the verge of bankruptcy – Last Hour

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(ANSA) – NEW YORK, JULY 02 – Takashi Murakami, one of the most successful artists on the international market, reveals that he is on the verge of bankruptcy. In a 15-minute video posted on Instagram, the acclaimed star of contemporary art tells the two million fans the story “that breaks the heart” of his “economic catastrophe”: of how he arrived practically on the pavement and forced to suspend many of his productions, including the one he had long held dear to him, the science fiction feature “Jellyfish Eyes Part 2 Mahashankh” on which he had been working for nine years.

“Jellyfish Eyes Part One” was released in the US and Japan in 2013 and “hadn’t been very successful financially,” says Murakami, who however continued to spend and spend on the project in an attempt to build one of his “childhood dreams”. Murakami appears in the video in one of his studies while some assistants are at work behind him. “With the sudden arrival of the Coronavirus, my company is bankrupt,” explains the Japanese announcing that “for perfectly legal tax reasons” it will begin distributing a series of video clips “in which the film’s project is being announced publicly”.

In the panorama of contemporary art, Murakami is not only one of the most famous artists of the moment: he is also a. darling of streetwear fashion, protagonist of successful successful collaborations with series A stylists such as Louis Vuitton, Virgil Abloh, Comme des Garçons and Supreme and to projects with Billie Eilish, Kanye West and Pharrell Williams. (HANDLE).

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