Paris' Bourse du Commerce building, April 26, 2016.
AFP / Eric FEFERBERG
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One of the world's biggest private art collections, amassed by French billionaire Francois Pinault, is to be housed in a new Paris museum a stone's throw from the Louvre. Luxury goods mogul Pinault, who also owns Christie's auction house, is taking over the domed Bourse de Commerce in the center of the French capital to show his 1.4-billion-dollar collection of modern masters. The Japanese architect Tadao Ando will convert the building which was decorated with spectacular frescoes representing trade with the five continents in the 19th century after a fire destroyed the dome in 1802 .Asked if he was going to expand his collection – which already comprises 3,500 artworks – Pinault said, "When you see a new work you have to know when to jump on it.
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