Gundlach Donates $42.5 Million to Buffalo’s Albright-Knox
- Largest private gift in contemporary art museum’s history
- It’ll be renamed the Buffalo Albright-Knox-Gundlach Art Museum
Investor Jeffrey Gundlach will add his name to the venerable Albright-Knox Art Gallery with a $42.5 million gift to the Buffalo, New York, institution.
The gift, the largest in the museum’s 154-year history, will go to an expansion and renovation project, the museum said in a statement Friday. Its board voted to rename the institution the Buffalo Albright-Knox-Gundlach Art Museum. Gundlach, a renowned bond investor, is a native of the Buffalo area.