Jewish Tycoon Eyal Ofer Gives $17M to London's Tate Art Gallery

Israeli Shipping Magnate Helps Fund Major Building

haaretz

By Haaretz

Published July 04, 2013.
  • Print
  • Share Share

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


The Jewish Daily Forward welcomes reader comments in order to promote thoughtful discussion on issues of importance to the Jewish community. In the interest of maintaining a civil forum, The Jewish Daily Forwardrequires that all commenters be appropriately respectful toward our writers, other commenters and the subjects of the articles. Vigorous debate and reasoned critique are welcome; name-calling and personal invective are not. While we generally do not seek to edit or actively moderate comments, our spam filter prevents most links and certain key words from being posted and The Jewish Daily Forward reserves the right to remove comments for any reason.





Find us on Facebook!
  • Some snacks to help you get through the second half of Passover.
  • You wouldn't think that a Soviet-Jewish immigrant would find much in common with Gabriel Garcia Marquez. But the famed novelist once helped one man find his first love. http://jd.fo/f3JiS
  • Can you relate?
  • The Forverts' "Bintel Brief" advice column ran for more than 65 years. Now it's getting a second life — as a cartoon.
  • Half of this Hillel's members believe Jesus was the Messiah.
  • Vinyl isn't just for hipsters and hippies. Israeli photographer Eilan Paz documents the most astonishing record collections from around the world:http://jd.fo/g3IyM
  • Could Spider-Man be Jewish? Andrew Garfield thinks so.
  • Most tasteless video ever? A new video shows Jesus Christ dying at Auschwitz.
  • "It’s the smell that hits me first — musty, almost sweet, emanating from the green felt that cradles each piece of silver cutlery in its own place." Only one week left to submit! Tell us the story of your family's Jewish heirloom.
  • Mazel tov to Chelsea Clinton and Marc Mezvinsky!
  • If it's true, it's pretty terrifying news.
  • “My mom went to cook at the White House and all I got was this tiny piece of leftover raspberry ganache."
  • Planning on catching "Fading Gigolo" this weekend? Read our review.
  • A new initiative will spend $300 million a year towards strengthening Israel's relationship with the Diaspora. http://jd.fo/q3Iaj Is this money spent wisely?
  • from-cache

Would you like to receive updates about new stories?




















We will not share your e-mail address or other personal information.

Already subscribed? Manage your subscription.