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Gagosian Sells $20 Million Art in Paris, Plans Global Growth

Larry Gagosian can afford to smile as he stands in his new gallery. The American in Paris watches as his show of Cy Twombly works lures billionaire buyers.

The French branch of Gagosian, the world’s biggest commercial gallery network, sold more than $20 million of Twombly paintings at its opening, dealers say. This month, its owner was awarded the French Legion d’Honneur and also topped Art Review’s Power 100 list.