Billionaire Ken Griffin donated $40 million to New York’s Museum of Modern Art, one of the largest gifts in the institution’s 85-year history.
The unrestricted gift from the founder of Chicago-based hedge fund Citadel will help provide education and exhibitions of modern and contemporary art, the museum said Tuesday in a statement. In recognition of the gift, MoMA will name its 1964 Philip Johnson-designed East Wing after Griffin.
