Michael Govan,  A. Jerrold Perenchio. (Photo by Stefanie Keenan/Getty Images for LACMA)
Culture

Jerry Perenchio On His Massive $500M Gift to LACMA, the Museum’s Biggest Ever

Yesterday, the Los Angeles Times revealed that press-shy billionaire Jerry Perenchio, the former CEO of Univision, would donate 47 paintings to the Los Angeles County Museum of Art upon his death. The collection, estimated to be worth $500 million, includes Monet’s “Le Jardin de l’Artiste à Vétheuil” and other cherished French Impressionist classics, as well as later works of equal importance. Never has the museum received this kind of game-changing, world-class collection in one gift.

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