Two years after opening a Paris branch, Gagosian, the world’s biggest commercial gallery network, this week inaugurates a big space in Le Bourget -- on the grounds of a Paris airport where private jets land.
Last year, Marc Kaye suffered a cash shortage. He had tuition to pay at three colleges -- including Harvard and Columbia -- and his insurance business wasn’t generating enough commissions to cover the bills.
The lethal-looking jet fighter, almost 15 feet long and welded together from thick sheets of lead, is too big to be a toy. With its corroded surfaces marked by drips and dings, it looks like an archaeological find from a long-ago battlefield.
Billionaire Reinhold Wuerth, who has collected art for more than 40 years, last year spent about $70 million for a Holbein painting of the Madonna. It was the highest price ever paid for an artwork in Germany.