Art Investment

The LACMA Museum donated art for $ 500 million

Los Angeles County Museum of art (LACMA) received as a gift from a Hollywood Mogul Jerry Perenchio (Jerry Perenchio) collection of works of art worth about $ 500 million. Among the works that 83-year-old collector decided to give the Museum features works by Edgar Degas, Claude Monet, Pablo Picasso, Fernand léger, rené Magritte, Edouard Manet, Paul cézanne, and others In total former Executive Director of Spanish-language television network Univision TV decided to donate LACMA 47 works of impressionism and modernism 1870-1930-s - painting, works on paper and sculpture. The Museum will receive the masterpieces of impressionist and modern only after death Perenchio@

the most valuable pieces of the collection include three paintings by Claude Monet, including working with water lilies, 1905. Very valuable "Portrait of M Gauthier-Lathuile" 1879 painted by Edouard Manet. This will be the first work of Manet in the collection of LACMA. Among the key things are called early cubist painting by Pablo Picasso and paintings by Fernand léger and Rene Magritte@

"for many years I have donated anonymously... But this time I thought it very important to get the maximum return, so I decided to briefly emerge from the shadows to present these works of art and to encourage other patrons, too, to make donations," commented Jerry Perenchio his gift, the most generous in the history of LACMA. He encourages other patrons to support LACMA, which by 2023 will construct a new building to cost $ 600 million. Of these 125 million will be allocated from the budget of Los Angeles, and the remaining 475 million will be collected from private persons Construction work has not yet nachinalos@

Sources: scpr.org, reuters.com, artinvestment.ru


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