“A Family’s Billions, Artfully Sheltered”, The New York Times
November 26, 2011

You must read this outrageous article in The New York Times on Ronald Lauder and giving art to your own foundation, as well as other tax strategies.

This man has given so much to MoMA and he created the Neue Galerie, a superb private museum, where he is currently exhibiting his private collection, which you must see!! That said, his timing is poor, it’s not a good time to show what you own, and screen the walls with “Collection of Ronald S. Lauder” all over. Nonetheless, he’s done GREAT things for art in this city, I enjoy his museum tremendously… I’d rather see some art than have his tax dollars go to so many other things the US government foots the tab for.