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10 April 2013 Last updated at 11:12 GMT
New York Metropolitan Museum of Art receives $1bn donation
The 78 cubist works will transform the Met's 20th Century art collection
Continue reading the main story
New York's Metropolitan Museum of Art has received a $1bn (£650m) donation of Cubist art from cosmetics executive, Leonard Lauder.
The heir to the Estee Lauder fortune has pledged 78 works - considered one of the foremost collections of Cubism in the world.
It includes pieces from Pablo Picasso, Georges Braque, Juan Gris and Fernand Leger which were amassed over 37 years.
Museum director Thomas Campbell said the gift was "truly transformational".
Leonard Lauder amassed the art collection over four decades
In a statement, Lauder, 80, said his gift was for "the people who live and work in New York and those from around the world who come to visit our great arts institutions".
The Met said it had previously "lacked" early 20th Century art, but with Lauder's donation it would be at the forefront of world collections.
"We have long lacked this critical dimension in the story of modernism. Now, Cubism will be represented with some of its greatest masterpieces," Campbell said.
The collection "distinguished by its quality, focus, and depth," includes 33 Picassos, 17 works by Braque and 14 by Gris and Leger.
Lauder built it up over nearly four decades, telling the story of a movement that revolutionised modern art and paved the way for abstraction.
"I selected the Met as the way to share this collection because I feel that it's essential that Cubism - and the art that follows it, for that matter - be seen and studied within the collections of one of the greatest encyclopaedic museums in the world," he said.
Continue reading the main story
10 April 2013 Last updated at 11:12 GMT
New York Metropolitan Museum of Art receives $1bn donation
The 78 cubist works will transform the Met's 20th Century art collection
Continue reading the main story
New York's Metropolitan Museum of Art has received a $1bn (£650m) donation of Cubist art from cosmetics executive, Leonard Lauder.
The heir to the Estee Lauder fortune has pledged 78 works - considered one of the foremost collections of Cubism in the world.
It includes pieces from Pablo Picasso, Georges Braque, Juan Gris and Fernand Leger which were amassed over 37 years.
Museum director Thomas Campbell said the gift was "truly transformational".
Leonard Lauder amassed the art collection over four decades
In a statement, Lauder, 80, said his gift was for "the people who live and work in New York and those from around the world who come to visit our great arts institutions".
The Met said it had previously "lacked" early 20th Century art, but with Lauder's donation it would be at the forefront of world collections.
"We have long lacked this critical dimension in the story of modernism. Now, Cubism will be represented with some of its greatest masterpieces," Campbell said.
The collection "distinguished by its quality, focus, and depth," includes 33 Picassos, 17 works by Braque and 14 by Gris and Leger.
Lauder built it up over nearly four decades, telling the story of a movement that revolutionised modern art and paved the way for abstraction.
"I selected the Met as the way to share this collection because I feel that it's essential that Cubism - and the art that follows it, for that matter - be seen and studied within the collections of one of the greatest encyclopaedic museums in the world," he said.
Continue reading the main story
