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Today, worth nearly a half billion dollars, he’s considered the world’s wealthiest dog. His handlers have invested wisely in numerous sectors, from real estate and publishing to sports teams and nightlife. Gunther III comes from a vaunted lineage that dates back six generations (about 40 human years). Want to stay ahead of the art world? Subscribe to our newsletter to get the breaking news, eye-opening interviews, and incisive critical takes that drive the conversation forward.“When the handlers initially told me a dog owned the property, I didn’t believe it.”īut it’s true: Gunther’s primary residence is in Tuscany (of course), but, when he’s in town, he sleeps in Madonna’s former master bedroom, nestled in a custom Italian red-velvet round bed overlooking Biscayne Bay.Ī gold-frame portrait of the catered-to canine sits on top of the fireplace in the living room, which also includes intricate custom woodwork on the ceiling and a coral grand staircase.
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“Lowestoft was given a gift by Banksy a golden opportunity to bring thousands of tourists into the town and help the local economy,” art dealer and Banksy collector John Brandler, of Brandler Galleries in Essex, told the BBC, suggesting the town should have bought the building. The building owner’s gain, however, is a loss for the seaside town-although other pieces Banksy did in Lowestoft and nearby Oulton Broad during his art-making spree still remain. The painting “could fetch between $200,000 to $400,000, but the sky is the limit with the current values of Banksy,” Julien’s Auctions told the BBC. After the artist claimed the work, the property owners increased the listing to £500,000 ($672,000)-the latest example of his art driving up property values.īefore and After – real shame this Banksy in Lowestoft town centre has been removed…would be nice to think it was moved to become a permanent local installation, sadly I fear it will just be sold by the owner of the property for tons of cash /uKPuRVKcrj Before Banksy graced the former electrical shop with his artwork, it had been for sale of £300,000 ($403,000). That, unfortunately, appears to be exactly what is happening. “If it’s because the owner realized having it in location adds £200,000 to the value of the property but having it for auction… it could possibly fetch a great deal more… It’s a great shame.” “If it’s being removed to be displayed in a more prominent location within the town in an artistic context, then that’s lovely,” Miles Barry, the chair of local group Easterly Artists, told the New York Post. The black-and-white stencil painting of a child in a floppy hat, holding a crowbar like a shovel, was originally installed with the paving slabs in front of it pried from the ground and a sandcastle built at its base. Locals are not happy about the removal of the valuable artwork, one of 10 Banksy created in coastal towns in Norfolk and Suffolk, reports Metro. The owner of a building in Lowestoft, Suffolk, in the U.K., where Banksy painted a mural of a child with a crowbar as part of his “ Great British Spraycation” this past summer, has ripped out a section of the wall featuring the street artist’s work, in order to to sell it at Julien’s Auctions in California.