Whether he is placing multimillion - dollar bids at auction for publishing magnate S.I. Newhouse or record industry mogul David Geffen; brokering a $ 40 - million deal to buy 50 Abstract Expressionist and Pop art works given to Richard Weisman by his parents, the late Los Angeles collectors Frederick and Marcia Weisman; joining forces in a joint gallery
operation with Leo Castelli, the dean of New York contemporary art dealers;
staging museum - quality historical exhibitions; luring hot artists such as Salle, Philip Taaffe and Chris Burden to his stable or simply hiring staff, Gagosian is in the
news.