Pinault Browses Art Fair, $2.8 Million Fontana Sells

French billionaire Francois Pinault and singer Lenny Kravitz browsed France’s largest art fair, where a $2.8 million Lucio Fontana work was among the few early big-ticket sales.

Pinault, the owner of Christie’s International, “Leon” lead actor Jean Reno, Miami collectors Don and Mera Rubell and New York-based adviser Kim Heirston were among the invited visitors to the 114 dealers’ booths at FIAC, or the Foire Internationale d’Art Contemporain, in Paris’s Grand Palais. Many wealthy buyers were hesitating, reflecting a sober mood in strike-bound France, said exhibitors.