Everything we know about Banksy and his net worth

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Everything we know about Banksy and his net worth
Everything we know about Banksy and his net worth

BANKSY remains one of the most famous figures in the art world, yet his identity is unknown. 

On March 25, 2024, a mystery man fuelled speculation that the artist’s identity had finally been confirmed.

 A Brexit-inspired mural by Banksy in 2017 eiqxidzeiqddprw
A Brexit-inspired mural by Banksy in 2017Credit: AFP - Getty

Who is Banksy?

Banksy is a famous British artist who prefers to keep his identity a secret and is often the subject of speculation.

Although a lot of his art is produced in public places, he usually only claims the work as his after it has appeared on his social media.

A lot of his art is done in a particular style which people can easily recognise - this includes creating striking images, which are often combined with slogans.

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His work has been spotted around the south of England, including London, Brighton and Bristol, as well as some prominent international locations.

Although lots of people have tried to guess who he is, his identity has still not been revealed.

Banksy first got noticed for spray-painting trains and walls in his home city of Bristol during the early 1990s.

Street art and graffiti can be considered criminal damage so it's thought the artist stayed anonymous to avoid a run-in with the law.

In the beginning, his pieces were mainly created in Bristol, but in the 2000s his artworks started appearing all over the UK and other parts of the world.

Banksy chose to use stencils to create his pieces, probably because it's a faster way to paint.

He was influenced in his early days by a French graffiti artist called Blek le Rat.

Blek le Rat is considered to be the father of stencil graffiti and people sometimes confuse the work of the two artists.

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Banksy doesn't only do street art - he has produced drawings, paintings and installation pieces.

I saw his face. The only problem is I can't remember what his face looked like."

Haig Gordon

The anonymous artist no longer sells photographs or reproductions of his street graffiti, but his public "installations" are regularly resold, often even by removing the wall they were painted on.

He has also created his own theme park called Dismaland.

What famous art has Bansky created?

Banksy has left his memorable mark all over the world but has been most prolific in the UK.

The guerrilla artist is known to have created more than 120 works spanning three decades.

 Kissing Coppers was originally unveiled on the wall of The Prince Albert pub in Brighton in 2004.
Kissing Coppers was originally unveiled on the wall of The Prince Albert pub in Brighton in 2004.Credit: Alamy

 

 Banksy's latest artwork which was vandalised two days later
Banksy's latest artwork which was vandalised two days laterCredit: Alamy

Has Banksy's identity ever been revealed?

Banksy has never been unmasked and it is believed his refusal to reveal himself started as a way of avoiding prosecution for vandalism.

The elusive artist is believed to have given a glimpse of his identity in a 2003 interview ahead of his Turf War exhibition.

The two-minute report, by ITV News correspondent Haig Gordon, features the artist speaking for 35 seconds.

He is wearing a baseball cap and has a T-shirt pulled over his lower face, but his eyes, eyebrows and forehead are visible.

He tells Gordon, who has since retired: "I'm disguised because you can't really be a graffiti writer and then go public. "The two things don't quite go together."

Speaking about seeing Banksy many years after the interview, Gordon said: "I saw his face. The only problem is I can't remember what his face looked like.

"I don't think I could say a single thing about what he looked like. Isn't that dreadful?"

Who has been suspected to be Banksy?

 Bristol artist Robin Gunningham has been alleged to be Banksy
Bristol artist Robin Gunningham has been alleged to be Banksy

How did Banksy get started?

He first burst into prominence in the early 1990s as a graffiti artist in the group DryBreadZ Crew.

Banksy used his works to highlight the corruption and inequality in society with a smattering of humour.

Along with his group, they created works around Bristol.

What is Banksy's net worth?

According to Celebrity Net Worth, the artist's net worth is estimated at around $50million (£39.6million).

12 years after hitting the scene, in 2002, Banksy had his first gallery exhibition in Los Angeles at the 33 1/3 Gallery.

From there, Banksy became a fixture on the art scene, with his pieces going for big prices at auction.

Pop star Christina Aguilera bought one of his works for £25,000.

In October 2019, a Banksy painting showing the British Parliament as monkeys sold at auction for £9.9 million.

How does Bansky make money?

Banksy is believed to make money from selling his art.

From the late 90s, reports claim Banksy had an agent, called Steve Lazarides who helped him sell his pieces.

He and his other group of artists created the website, Pictures On Walls (POW), a website that provided customers with affordable artwork.

The artist has dabbled in the world of film, releasing the "street art disaster movie" Exit Through The Gift Shop.

And in 2015 he opened Dismaland, a large-scale installation in Weston-Super-Mare lampooning Disneyland.

Banksy has also made money by selling his artwork at auction.

In October 2018, his artwork titled Girl With Balloon sold for £1million at Sotheby's in London.

But a secret shredder caused the painting to self-destruct after the sale, with art experts believing it now to be worth double.

In 2013, Forbes said the £14million ($20million) artist did not want his art to be worth anything.


Jennifer Newton

Explainers, Banksy

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