France`s richest man Bernard Arnault plans Paris art centre

France's richest man Bernard Arnault has announced plans for building a major contemporary arts centre in Paris and the centre will contain exhibition galleries, an auditorium and an indoor garden.

France's richest man Bernard Arnault has announced plans for building a major contemporary arts centre in Paris and the centre will contain exhibition galleries, an auditorium and an indoor garden.

Bernard Arnault, who is a luxury goods tycoon, wants to open the Louis Vuitton Foundation for Creation in 2010 and the 6,000 square metre space is going to be designed by Frank Gehry, the architect who created the Guggenheim Museum in Bilbao.

"The goal of this foundation is to spread the influence of culture, and the influence of France," Mr Arnault explained to a media conference.

As well as putting on new shows, the Louis Vuitton Foundation will also feature the history and archives of Bernard Arnault's LVMH group, which is behind Moet et Chandon champagne, Hennessy brandy, Givenchy perfume and baggage brand Louis Vuitton.

Mr Arnault has often sponsored exhibitions in Paris, and his personal art collection includes American artist Ellsworth Kelly's 1968 abstract painting, Red White Blue, which he purchased in 2001 for $1.4m (£742,107).


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Date: 3rd October 2006

Source: www.enjoyfrance.com

Author: EnjoyFrance News

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