NY Phil pockets $40 million Dudamel gift

norman lebrecht

September 13, 2023

The orchestra has been given $40 million by its co-chair Oscar L. Tang and his art-historian wife, Agnes Hsu‐Tang (pictured), to support Gustavo Dudamel’s ambitious plans as music director.

It’s the biggest gift in Philharmonic history. Tang, 85, is a Shanghai-born mega-investor who has given away more than $200m to the arts since 2013.

Dudamel said: ‘Their deep belief in the power and importance of art has been self-evident from our first encounter and is something that bonds us closely. I’m certain that we will accomplish extraordinary things and build many beautiful bridges together.’

Here begins the Tang Dynasty of America’s oldest orchestra.

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