Leonard A. Lauder via the New York Times
Leonard A. Lauder the executive of Estée Lauder and the chairman of the Whitney Museum of American Art committed $131 million to the Whitney Museum of American Art: it is the biggest donation that the 77-year old museum has ever received. The major part of the gift will be to the art museum endowment
$131M gift to the Whitney Museum [AP]
Leonard Lauder’s donation to the Whitney [The New York Times]
Forbes reported Lauder’s wealth at $3.2 billion in 2007. Mr. Lauder’s donation is contingent on the Whitney not selling its Marcel Breuer building on Madison Avenue at 75th Street.
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