Retired financier Oscar Tang, along with his wife, Agnes Hsu-Tang, are giving the Metropolitan Museum of Art US$125 million. Their gift, announced in November 2021, will help pay for a long-planned renovation of the New York City museum’s Modern and Contemporary Art wing.
The gift was the largest donation the museum has ever received and led the couple to rank No. 22 among the top 50 U.S. donors of 2021, according to the Chronicle of Philanthropy. The donors placed no official requirements on how the money should be used but expressed support for the Met’s plan to spend it on a new space that will exhibit work by artists from a wide range of countries and backgrounds.
