Tyler Perry loses $100k bid for Nipsey Hussle portrait WACO Theater's Wearable Art Gala

Last year, Tyler Perry participated in a bidding war with Beyonce and Jay-Z's oldest daughter, Blue Ivy, at the Second Annual Wearable Art Gala. While he won against Blue, he wasn't so lucky this year.

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TMZ reported that, at the event hosted by Tina Knowles Lawson and her husband Richard Lawson's WACO Theater, the filmmaker partook in an art bid for a portrait of the late Nipsey Hussle.

Perry, who was the Trailblazer Award honoree of the night, got into a bidding war with fellow honoree Felicia Horowitz for the Tiffanie Anderson piece.

Made up of acrylic, mica flakes, crystal, broken glass and resin on a wood panel, the bidding for the portrait began at $50,000 and went way up to $100,000.

Combined ShapeCaption
Tyler Perry arrives at the WACO Theater Center's 3rd Annual Wearable Art Gala in Santa Monica, California.

Credit: Gregg DeGuire

Tyler Perry arrives at the WACO Theater Center's 3rd Annual Wearable Art Gala in Santa Monica, California.

Credit: Gregg DeGuire

Combined ShapeCaption
Tyler Perry arrives at the WACO Theater Center's 3rd Annual Wearable Art Gala in Santa Monica, California.

Credit: Gregg DeGuire

Credit: Gregg DeGuire

Horowitz ultimately won, bidding $101,000.  It was valued at $15,000.

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