double-skinned crabsVietnamese crab exportergood crabexellent crab

Man Who Bought Banana Art for $6.2 Million Eats It In Hong Kong

Associated Press
November 30, 2024 | 12:51 am
SHARE
File - A woman looks at artist Maurizio Cattelan
File - A woman looks at artist Maurizio Cattelan's piece of art "Comedian" during an auction preview at Sotheby's in New York, Monday, Nov. 11, 2024. (AP Photo/Eduardo Munoz Alvarez, File)

Hong Kong. A cryptocurrency entrepreneur who bought a piece of conceptual art consisting of a simple banana, duct-taped to a wall, for $6.2 million last week ate the fruit in Hong Kong on Friday.

Chinese-born Justin Sun peeled off the duct tape and enjoyed the banana in a press conference held in The Peninsula Hong Kong, one of the city's priciest hotels, in the popular shopping district of Tsim Sha Tsui.

“It tastes much better than other bananas. Indeed, quite good," he said.

“Comedian,” by Italian artist Maurizio Cattelan, was a phenomenon when it debuted in 2019 at Art Basel Miami Beach, as festivalgoers tried to make out whether the single yellow piece of fruit affixed to a white wall with silver duct tape was a joke or a cheeky commentary on questionable standards among art collectors. At one point, another artist took the banana off the wall and ate it.

ADVERTISEMENT

The piece attracted so much attention that it had to be withdrawn from view. But three editions sold for between $120,000 and $150,000, according to the gallery handling sales at the time.

Last week, Sun, founder of cryptocurrency platform TRON, made the winning bid at the Sotheby’s auction in New York. Or, more accurately, Sun purchased a certificate of authenticity that gives him the authority to duct-tape a banana to a wall and call it “Comedian.”

At the time, Sun said in a statement that the piece “represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community.”

"I will personally eat the banana as part of this unique artistic experience, honoring its place in both art history and popular culture,” he said.

The South China Morning Post reported the banana he ate on Friday was bought in Hong Kong.

Sun on Tuesday announced on X he had invested $30 million in World Liberty Financial, which was launched by US President-elect Donald Trump in September as his family's cryptocurrency venture.

Sun said in the post that his platform, TRON, is “committed to making America great again and leading innovation." Following his investment in Trump's venture, he became an advisor of World Liberty Financial.

Last year, Sun was charged by the US Securities and Exchange Commission with fraud and other securities law violations. In response, he said on X the complaint “lacks merit."

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

The Latest


Special Updates 2 hours ago

Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development

Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.
Special Updates 3 hours ago

AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026

AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.
Business 3 hours ago

Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996

Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.
News 5 hours ago

Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore

Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.
Lifestyle 6 hours ago

Jakarta Outranks Amsterdam in Global Public Transport Survey

Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED