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Abramovich’s Partner Browses Basel as $5.5 Million Rothko Sells

Roman Abramovich’s partner Dasha Zhukova, model Naomi Campbell and actor Will Ferrell were among VIPs yesterday at the world’s largest fair of modern and contemporary art in Switzerland, which opened with a spending spree on works such as a $5.5 million Mark Rothko abstract.

Sheikha Mayassa bint Hamad bin Khalifa Al Thani, daughter of the emir of Qatar, and the U.S. collectors Eli Broad and Don and Mera Rubell were also at the 42nd Art Basel’s packed preview. Exhibitors were reminded of free-spending fairs before the 2008 financial crisis cut prices and demand.