November 17, 2014

Billionaire Jerry Perenchio donate $500 million worth of art Claude Monet, Camille Pissarro, René Magritte & Pablo Picasso

On Wednesday, the Los Angeles County Board of Supervisors approved $125 million in bonds to support the planned overhaul of the LACMA campus. One day later, the museum is announcing what is being called the largest gift of art in its almost 50-year history. The donor is Jerry Perenchio, the former owner of Univision, whose business group sold the Spanish-language TV network in 2007 for a reported...

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