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.