The OxyContin Fortune Bankrolling Museums

The Sackler Courtyard, V&A Exhibition Road Quarter.  Image © Hufton + Crow
The Sackler Courtyard, V&A Exhibition Road Quarter. Image © Hufton + Crow

Esquire details the little-known connection between a family fortune built on the pain medication, OxyContin, and a substantial legacy of museum philanthropy.

The Sackler family name is much associated with museum buildings and higher education, but less so with a $14 billion pharma fortune that has ballooned alongside America's devastating opioid crises. From Esquire:

The newly installed Sackler Courtyard at London’s Victoria and Albert Museum is one of the most glittering places in the developed world.

The Sackler Courtyard is the latest addition to an impressive portfolio. There’s the Sackler Wing at New York’s Metropolitan Museum of Art, which houses the majestic Temple of Dendur, a sandstone shrine from ancient Egypt; additional Sackler wings at the Louvre and the Royal Academy; stand-alone Sackler museums at Harvard and Peking Universities; and named Sackler galleries at the Smithsonian, the Serpentine, and Oxford’s Ashmolean. The Guggenheim in New York has a Sackler Center, and the American Museum of Natural History has a Sackler Educational Lab.

More News Feed Headlines

"Portrait of an Artist (Pool with Two Figures)" (1972) by David Hockney

David Hockney Painting Snags $90.3 Million in New York; Bidder Wants to Whitewash Banksy He Bought in LA

  • November 15, 2018 23:03

David Hockney's sensual pool painting with two male figures became the most expensive work by a ...

Read More

Detail of Salvator Mundi by da Vinci.

Russian Art Collector Dmitry Rybolovlev Detained in Monaco

  • November 08, 2018 13:39

Update 11/9/18: Unspecified charges have been filed, via Bloomberg. Dmitry Rybolovlev, the ...

Read More

Romare Bearden, Cotton, 1964.  Gelatin silver print (photostat) on fiberboard (Ed.  1/6), 39 x 49 in.  (99.1 x 124.5 cm).  Colby College Museum of Art.  The Lunder Collection, 2017.003.  © 2018 Romare Bearden Foundation/Licensed by VAGA at Artists Rights Society (ARS), NY.

Arts Initiative Across Maine Brings Forward Artists' Perspectives on Migration

  • November 01, 2018 19:09

“…and when she went out it seemed to her that she too had migrated, that everyone migrates, even ...

Read More

Hank Willis Thomas and Emily Shur—For Freedoms

Norman Rockwell's Four Freedoms Are Remade by Artists to Reflect America Today

  • October 28, 2018 22:43

Some 75 years after Norman Rockwell created his iconic Four Freedoms images in response to ...

Read More

Related Press Releases

Related Events from ArtfixDaily Calendar

 

ArtfixDaily Artwire