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Gagosian Plans $130 Million Package for Brazil Art Fair

Picasso’s lovers, Richard Serra’s steel and Andreas Gursky’s yacht-studded Monaco are the highlights of a $130 million trove Gagosian Gallery is taking for its first expedition to Brazil next month.

The occasion is the second annual ArtRio in Rio de Janeiro, a fair spread over 7,500 square meters (80,730 square feet) in four warehouses on Guanabara Bay. It will feature 120 galleries, including David Zwirner and White Cube, as well as events hosted by Christie’s and Sotheby’s. The size and participants reflect a growing interest in the world’s sixth-largest economy.