New museum boosts Paris’ claim to be modern art capital

New museum boosts Paris’ claim to be modern art capital

One of the world’s biggest art collectors unveiled his plans for a spectacular new museum in Paris, Monday, cementing the city’s claim to be a capital of modern art.

French billionaire Francois Pinault will show his $1.

4 billion collection of modern masters in the domed Bourse de Commerce, within a stone’s throw of the Louvre, long the world’s most visited museum.

Pinault, 80, holds an enormous trove of contemporary masterpieces – abstract and otherwise – in a 3,500-piece collection that includes work by Mark Rothko and Damien Hirst.

Pinault was asked earlier if he was going to his expand his collection to fill the new space.

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