Inauguration of French billionaire Francois Pinault's collection of contemporary works of art at the eighteenth century Palasso Grassi in Venice,Italy on April 29,2006.

ITALY - APRIL 29: French billionaire Francois Pinault made the 18th century Palazzo Grassi in Venice,which he recently acquired,the home of a part of his collection of some 2,000 modern and contemporary works of art.Francois Pinault,king of luxury and its distribution (with trade names like Gucci,Fnac and Christie's) boasts a patrimony of incomparable masterpieces of contemporary art. The exhibition is called "Where are we going?". After the inauguration there was a diner with 800 guests . Luca de Montezemolo (Ferrari) and wife in Venice,Italy on April 29,2006. (Photo by Eric VANDEVILLE/Gamma-Rapho via Getty Images)