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Mic
World
Keith Nelson Jr.

Jay-Z and Beyonce’s Basquiat controversy illustrates the complexity of Black wealth

Jay-Z and Beyonce are too rich to not make history and controversy at the same time. As part of luxury jeweler Tiffany & Co's "ABOUT LOVE" campaign, Jay-Z and Beyonce pose in front of a never-before-seen painting from Jean-Michel Basquiat's private collection, a decision that is as historic as it is controversial.

The Carters were announced today as the stars of Tiffany & Co's "ABOUT LOVE" ad campaign, which came with photos of the billionaire couple spread to the world from one of the most sacred places in all of the internet: Beyonce's Instagram. Beyonce becomes the first Black woman in Tiffany & Co's 184-year history to wear the prestigious 128.54 "Tiffany Diamond," the "ABOUT LOVE" is the married couple's first ever ad campaign together, and the campaign is another example of Beyonce and Jay-Z's penchant for decadent, aspirational Black love. Unfortunately, it's not that simple.

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