Thanks to a handshake deal between billionaire Charles Schwab and Gap founder Donald Fisher, SFMOMA is the envy of the art world.
In 2007 Gap founder Donald Fisher offered his enormous con-temporary art collection to the city of San Francisco, proposing to build a 100,000-square-foot museum in the historic Presidio. Featuring more than a thousand major paintings and sculptures by blue-chip artists, including Andy Warhol, ells worth Kelly and Richard Serra, the collection was highly admired and coveted by art experts who had visited Gap’s San Francisco headquarters. But local preservationists were loath to see a boxy modern museum amid the Presidio’s 19th century Army barracks and waged war with Fisher for two long years.
The philanthropist finally surrendered. He withdrew his offer, provoking rumors that his art might go to Oakland, or even St. Paul, Minn. But billionaire investor Charles Schwab had other ideas. A close friend and business associate of Fisher’s, Schwab was also chairman of the San Francisco Museum of Modern Art. “I started having many conversations with Don, to convince him to bring his collection to SFMOMA,” Schwab recalls. The conversations took on greater urgency as Fisher was coping with terminal cancer. A handshake deal was made just days before his death in September 2009.
Nearly seven years later, as a vastly expanded and reimagined SFMOMA—now the largest modern art museum in the u.S.—reopens its doors, Schwab’s intervention is viewed as a masterstroke. “Don trusted Chuck,” says SFMOMA director Neal Benezra. “I’m quite certain that Don’s knowing that Chuck was committed to the Fisher collection and the growth of the museum allowed him to have confidence at the end of his life that his collection would be in great hands at SFMOMA.”
Esta historia es de la edición July - Sep 2016 de ForbesLife Indonesia.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición July - Sep 2016 de ForbesLife Indonesia.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Furious Success
Joe taslim is the country’s most successful actor, and he’s just getting started.
Putting The Boer In Bordeaux
How a family tragedy inspired Johann Rupert, billionaire founder of luxury goods company Richemont, to create one of the jewels of South African wine.
Handcrafted Hospitality
Katamama is a Hotel full of artisan touches and tHe first Hotel to Have a maxi bar in every room.
Tunes of Paradise
W Hotels World Wide debuted its first-ever W sound suite at W bali–seminyak.
San Francisco's New Masterpiece
Thanks to a handshake deal between billionaire Charles Schwab and Gap founder Donald Fisher, SFMOMA is the envy of the art world.
Action Majestic
The King’s Cup elephant polo tournament has become one of the biggest sporting and charitable events in Thailand.
Seductive Encounter
Rolls-Royce releases its sexiest-ever model dawn in a southeast asia debut in singapore.
The Collector
Dr. Oei Hong Djien’s passion for art has made him the largest collector of indonesian modern and contemporary paintings
Yummy Money
Reino Barack’s investments in high-end eateries.
The Thinker
Heri Dono’s exploration of art makes him one of the leading Indonesian contemporary artists.