One of Banksy’s defining qualities is his anonymity, which has helped amplify the mystique surrounding his work. This secrecy, combined with his clever, anti-establishment messages, has made him a cult figure not just in the art world, but in pop culture at large. Despite his anti-commercial stance, Banksy's pieces have been highly sought after, fetching millions at auctions. One of his most famous moments came in 2018, when his artwork "Girl with Balloon" self-destructed via a hidden shredder moments after being sold at Sotheby’s for £1.04 million, creating a new piece called "Love is in the Bin." This bold act underscored his critique of the art market and the commodification of street art.
Banksy has also extended his influence through larger projects, such as "Dismaland" (2015), a dystopian "bemusement park" that offered a satirical take on consumerism and the illusion of happiness sold by corporations. He also opened "The Walled Off Hotel" in Bethlehem in 2017, located next to the Israeli West Bank barrier, which combines political art with commentary on the Israeli-Palestinian conflict.
Banksy’s impact on the art world is profound, blurring the lines between street art, fine art, and activism. His works challenge not only political and social structures but also the nature of art itself—who it is for, how it should be consumed, and where it belongs. Through his ability to tap into contemporary issues with humour, wit, and poignancy, Banksy has become one of the most influential and elusive artists of our time.