In the last few days rumours about the news have been going round; at last it has been confirmed. Last 15th May, French billionaire François Pinault, famous collector and owner in Italy of Palazzo Grassi, sold 60% of his shares of Piasa. The auction house was 100% owned by his firm Artemis, financial group with interests in various sectors: from the real estate to the insurance sector, from industry to services and distribution (among the various chains owned, even FNAC), from luxury goods (Gucci) to wines (Chateau Latour) and naturally auction houses. Indeed Pinault managed to combine his interests for the art sector with his financial interests. Through Artemis, he has owned Christie’s since 1998 and, until a few days ago, he was the owner of Piasa.