Who is Banksy and what’s his net worth in 2024?

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Written on Apr 4, 2024
Reading time 4 minutes
  • Banksy's latest artwork in North London stirred speculation as a mysterious man appeared nearby.
  • In the '90s, Banksy of DryBreadZ Crew rose to global fame for clever art tackling social and political issues.
  • Banksy avoids galleries, sells his art directly or at auctions, fetching big prices.

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Banksy, the enigmatic figure of the art world whose identity remains a closely guarded secret, stirred up speculation once again on March 25, 2024, when a mysterious man was spotted next to the artist’s latest creation in North London.

While rumors swirled that the unidentified man could be Banksy himself, it was later revealed by The Sun that the individual in question is George Giorgio, the father of the building’s landlord, who was installing perspex to protect the artwork.

Despite this episode, Banksy’s identity remains a subject of fascination and conjecture, with numerous individuals having been suspected over the years. From Robin Gunningham to Robert Del Naja, and even wild claims involving TV presenters and local politicians, the elusive artist has managed to keep his true identity shrouded in secrecy.

Banksy’s latest artwork in London has once again brought his identity into focus.

Whoever Banksy may be, his impact on the art world is undeniable.

Rising to prominence in the early 1990s as part of the DryBreadZ Crew, Banksy’s works have garnered international acclaim for their powerful messages on social and political issues, often infused with wit and satire. His unique style, characterized by striking images and thought-provoking slogans, has left an indelible mark on the streets of cities worldwide.

While Banksy’s art has earned him widespread recognition and considerable wealth, with an estimated net worth of $50 million, his refusal to conform to the traditional norms of the art world is perhaps his most defining characteristic.

Eschewing the gallery system, Banksy has opted to sell his works independently, often through his own channels or at auction houses where they fetch substantial sums.

Timeline of Banksy’s work:

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Early 1990s: Banksy begins gaining recognition for his graffiti art in Bristol, UK, as part of the DryBreadZ Crew.

2002: “There is Always Hope”: Banksy’s iconic stencil of a girl with a balloon appears on the South Bank in London, becoming one of his most famous works.

2014: “GCHQ Government Spies Telephone Box”: Created in Cheltenham, UK, depicting three men using listening devices to snoop on a phone box.

2015: Banksy opens “Dismaland,” a dystopian theme park art installation in Weston-Super-Mare, UK, satirizing Disneyland.

2019: “Devolved Parliament”: Banksy’s 13-foot wide painting depicting chimpanzees in the House of Commons sells at auction for £9.9 million.

2020: “Game Changer”: Banksy unveils a new artwork painted on the wall of a ward at Southampton General Hospital in Hampshire, UK, as a tribute to healthcare workers during the COVID-19 pandemic.

“If You Don’t Mask, You Don’t Get”: Banksy’s London Underground artwork featuring rats wearing face masks is scrubbed off by cleaners.

2022: Banksy unveils a painting of a gymnast on the side of a tower block bombed by Russia in Ukraine, highlighting the conflict in the region.

2023: “Housewife and Freezer”: Banksy’s artwork showing a bruised woman pushing a man into a freezer appears on the side of a building in Margate, Kent, UK.

“Drone Sign”: A Banksy artwork depicting military drones on a traffic stop sign is removed from a south London street shortly after it is confirmed to be genuine.

2024:”Tree Mural”: A new Banksy artwork is sprayed on the side of a home in London, only to be covered with white paint two days later.

Banksy’s Net Worth:

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2002: Banksy holds his first gallery exhibition in Los Angeles at the 33 1/3 Gallery, marking his formal entry into the art market.

2018: Banksy’s artwork titled “Girl With Balloon” sells for £1 million at Sotheby’s in London, contributing to his growing wealth.

2019: “Devolved Parliament” fetches £9.9 million at auction, establishing Banksy as one of the highest-selling contemporary artists.

2020: Despite the COVID-19 pandemic, Banksy’s artwork continues to command high prices at auction, bolstering his net worth.

2022: Banksy’s net worth reaches an estimated $50 million (£39.6 million), reflecting his enduring influence and commercial success in the art world.

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