Anonymous philanthropy is history: From Jeff Bezos and Lauren Sanchez to the Tangs, meet the new royal donors
Briefly

Anonymous philanthropy is history: From Jeff Bezos and Lauren Sanchez to the Tangs, meet the new royal donors
"Six million dollars can buy a lot of things, but they do not guarantee a place in the pantheon of immortality. The amount, give or take a cent, is what Jeff Bezos and Lauren Sanchez have ponied up as star sponsors of the next glitzy gala organized by the Costume Institute of the Metropolitan Museum of New York, to be held on the first Monday of May 2026."
"These $6 million (5.2 million) sound like a tip next to the $125 million donated by financier Oscar L. Tang and his wife, Agnes Hsu-Tang, to renovate the Costume Institute's modern and contemporary art wing. Five floors spread over 123,000 square meters re-imagined by the Mexican architect Frida Escobedo the first woman to have a hand in the design of the Met in its 150-year history."
Jeff Bezos and Lauren Sanchez pledged $6 million as star sponsors of the Costume Institute gala scheduled for May 2026. A separate $125 million donation from Oscar L. Tang and Agnes Hsu-Tang will fund a major renovation, creating five floors and expanding exhibition space. The renovation is reimagined by Mexican architect Frida Escobedo, marking the first woman to contribute to the Met's design in its 150-year history. Wealthy donors and tech companies increasingly use large donations and sponsorships to gain influence, naming recognition, and a form of lasting legacy within cultural institutions.
Read at english.elpais.com
Unable to calculate read time
[
|
]