JUST BUSINESS:
IN SEARCH OF BANKSY: The British street artist’s identity has been debated, and closely guarded, for decades. A quest to solve the riddle took Reuters from a bombed-out Ukrainian village to London and downtown Manhattan — and uncovered much more than a name. (SIMON GARDNER, JAMES PEARSON AND BLAKE MORRISON, March 13, 2026, Reuters)
Reuters took into account Banksy’s privacy claims – and the fact that many of his fans wish for him to remain anonymous. Yet we concluded that the public has a deep interest in understanding the identity and career of a figure with his profound and enduring influence on culture, the art industry and international political discourse. In so doing, we applied the same principle Reuters uses everywhere. The people and institutions who seek to shape social and political discourse are subject to scrutiny, accountability, and, sometimes, unmasking. Banksy’s anonymity – a deliberate, public-facing, and profitable feature of his work – has enabled him to operate without such transparency.
As for the risk he might face of retaliation or censorship, Britain’s legal and political establishments seem comfortable with Banksy’s messages and how he delivers them.
On September 7, for example, he stenciled a provocative piece on the exterior wall of London’s Royal Courts of Justice, a historically protected building. It depicted a judge in wig and robes bashing an unarmed protester with a gavel. Two months earlier, the government had designated the pro-Palestinian group Palestine Action as a terrorist organization. The day before the painting appeared, about 900 people were arrested at protests against the ban.
Stephens didn’t reply to a question about whether the mural was tied to that crackdown. In any event, Banksy’s painted protest against British justice appears to have gotten a pass so far.Under local laws, graffiti is a crime, with penalties ranging from fines and community service to (rarely) jail time. The day after the mural went up, London’s Metropolitan Police said it was investigating “a report of criminal damage” to the building. An investigation remains under way, the Ministry of Justice said. The mural was power-washed off the wall, leaving behind a shadow of the image. In response to a Freedom of Information Act request, the ministry said that as of December, the government had spent £23,690 removing the piece. The work continues, it said: Next, specialist contractors will use laser equipment on the stain.
The justice ministry declined to say whether Banksy was penalized or paid compensation. Stephens had no comment.
Some artists have questioned if Banksy, once considered anti-establishment, now enjoys special treatment from Britain’s powers that be. In 2014, Vice Media asked: “Why Is Banksy the Only Person Allowed to Vandalize Britain’s Walls?” The story quoted David Speed, a street artist who ran a British graffiti collective. “It’s very much one rule for him and another rule for everyone else,” Speed told Vice. “When street artists do it, it’s vandalism. When Banksy does it, it’s an art piece.”
Contacted by Reuters, Speed praised Banksy as “a really important artist of modern times.” Yet he still wonders why “one artist should be able to have carte blanche and everyone else would be subject to penalties.”
“Is he above the law?” Speed said. “The evidence would suggest that he is.”
Some experts believe Banksy’s ability to use the world as his canvas is money in the bank. One analyst, MyArtBroker, observed that the Royal Courts of Justice mural helped bolster Banksy’s market value.
Although such public pieces “cannot be monetised directly, they maintain visibility and authorship – qualities that keep collector confidence high and demand active,” art investment site MyArtBroker wrote in a report on the 2025 market for Banksy’s work. Banksy’s “street interventions,” it said, help prop up demand and prices for his art as a whole. One Banksy piece was sold by Sotheby’s for £4.2 million ($5.7 million) last year, the report noted.
Banksy lawyer Stephens didn’t answer questions about whether Banksy has been penalized for his exploits. But he noted that some owners are happy when he paints on their buildings. “It appears that if people find a Banksy added to their wall, most of them call Sotheby’s rather than the police,” he wrote. “The question of where the artist’s work sits in the legal landscape is an interesting one, and I’m as bemused as anyone else.”
This is the story of the art, commerce and paradox of Banksy, arguably the most famous anonymous man in the world. The journey to understand him began in Ukraine and took us to a billboard in New York’s Meatpacking District, and the walls and auction houses of London.