Jewish Tycoon Eyal Ofer Gives $17M to London’s Tate Art Gallery
Image by haaretz
Jewish shipping magnate Eyal Ofer, who lives in Monaco, recently donated $17 millon toward the massive expansion project of the Tate Modern museum in London. In appreciation of his donation, the Tate Modern will name the three eastern galleries on the third floor after Ofer.
Sir Nicholas Serota, the director of the Tate Modern, said “It is exciting to see such outstanding philanthropy continuing from one generation to the next.”
Ofer said in response that for him it is a privilege to support the development project, which will enable the institution to enrich the experience and the access to modern art for a larger audience of visitors from the United Kingdom and beyond.
Ofer, 63, has divided the family business empire with his brother Idan since the death of their father, Sammy Ofer, in June 2011. As well as his involvement in shipping, Ofer also controls a real estate portfolio, Global Holdings. According to Forbes magazine last year, his wealth is estimated at $6 billion, putting him among the 200 wealthiest people in the world (no. 198 last year).
Slated to be concluded in 2015 or 2016, the development will expand the museum by 60 percent. The project is now 15 percent short of its total funding.
For more, go to Haaretz
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning journalism this Passover.
In this age of misinformation, our work is needed like never before. We report on the news that matters most to American Jews, driven by truth, not ideology.
At a time when newsrooms are closing or cutting back, the Forward has removed its paywall. That means for the first time in our 126-year history, Forward journalism is free to everyone, everywhere. With an ongoing war, rising antisemitism, and a flood of disinformation that may affect the upcoming election, we believe that free and open access to Jewish journalism is imperative.
Readers like you make it all possible. Right now, we’re in the middle of our Passover Pledge Drive and we still need 300 people to step up and make a gift to sustain our trustworthy, independent journalism.
Make a gift of any size and become a Forward member today. You’ll support our mission to tell the American Jewish story fully and fairly.
— Rachel Fishman Feddersen, Publisher and CEO
Join our mission to tell the Jewish story fully and fairly.
Only 300 more gifts needed by April 30
