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

Bernard Arnault and Jean-Michel Othoniel pose in front of the Cheval Blanc Paris hotel.

STREET ART: Bernard Arnault 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.

On Wednesday afternoon, the billionaire dropped by his Cheval Blanc hotel in Paris to admire a new sculpture by French artist Jean-Michel Othoniel freshly installed on the facade of the Art Deco building overlooking the Seine river.

As if on cue,…


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