French billionaire François Pinault is not only one of the richest men in the world, he’s also an art collector of international renown. Now, he’s opening a museum for contemporary art in Paris. The new palace of art is located inside the former Bourse de Commerce, which has been redesigned by star architect Tadao Andō.
From an Art Forum online article:
The plans for the venue were previously reported to encompass 9,850 square feet of exhibition space, a black-box theater, and an auditorium. Earlier this year, Pinault said he wants the museum to complement existing art institutions in Paris, and that he will collaborate with the Centre Pompidou on a program that will take place concurrently at both venues in 2020.
The French billionaire art collector François Pinault announced that his $170 million contemporary art museum in Paris is slated to open next June near the Louvre and the Centre Pompidou. The Bourse de Commerce—Pinault Collection will be housed in the city’s old stock exchange, in a building designed by the Pritzker Prize–winning architect Tadao Ando, and is to host ten exhibitions a year drawing from Pinault’s collection.