The OxyContin Fortune Bankrolling Museums
- October 19, 2017 20:37
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.