Bernard Arnault’s Latest Art Acquisition Is a ‘Gift’ to Paris

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Bernard Arnault has unveiled his latest art acquisition, a sculpture by Jean-Michel Othoniel that hangs on the facade of the Cheval Blanc Paris hotel.

is one of the world’s biggest art collectors, owning works by everyone from Pablo Picasso to Jeff Koons. But his latest acquisition is one that everyone can enjoy.

“With this title, I wanted to show the passion for art in this hotel. And it’s not just the hotel, but the entire LVMH group that supports artists, so this work clearly reflects its role as a 21st-century patron of the arts,” Othoniel told WWD. It marks Othoniel’s third collaboration with Cheval Blanc, having previously created works for its outposts on the Caribbean island of St. Barths and in the Courchevel ski resort in France.

Having said that, Othoniel’s work can already be admired on the streets of the French capital. He is behind the ornate glass bead dome installed in 2000 at the entrance of the Palais Royal — Musée du Louvre metro station.

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