How A Hedge Fund Manager's $15 Million Bid Turned Artist Ernie Barnes Into A Hot Commodity

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How A Hedge Fund Manager's $15 Million Bid Turned Artist Ernie Barnes Into A Hot Commodity
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I am a Texas native covering breaking news out of New York City. I was previously an editorial assistant at the Forbes London bureau. Follow me on Twitter @reporterfield.

Buzz around the final price–which was estimated by Christie’s to sell for between $150,00 and $200,000–piqued interest in Barnes’ work, and less than 24 hours later,Tangent

Ever since George Floyd’s murder in police custody kickstarted nationwide anti-racism protests in 2020, the art world has been reexaming artists of color and their work. Barnes in particular painted his experience of the Black community. “The Sugar Shack,” a dancing scene, was based on one of Barnes’ childhood memories and is meant to “show that African-Americans utilize rhythm as a way of resolving physical tension,” the artist said.

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